Report
Olfa Taamallah ...
  • Yan Derocles

Thales : Défense et excess cash

>Accélération supplémentaire dans la défense - Alors que Thales affichait déjà l’une des croissances les plus vigoureuses parmi les acteurs majeurs de la défense, le déclenchement d’une guerre aux portes de l’Europe a fait office de détonateur avec une volonté d’accélération massive des budgets dans certains pays. Si la quantification de ce supplément de budget est ardue à ce stade, nous avons accéléré notre croissance de l’activité Défense de 4%/an précédemment sur l...
Underlying
Thales SA

Thales is an electronics and systems group, serving defense, aeronautics, transport, space and security markets. Co.'s operations can be divided into four operating segments: Aerospace (Avionics, Space), Transportation (Ground Transport Systems), Defence & Security (Secure Communications & Information Systems Land and Air Systems, Defence Mission Systems), and DCNS. Co. designs and delivers systems for all four environments: air, land, sea and space. These systems detect and assess threats, manage information, support command decisions and control engagements through to threat neutralization. Co. is active in ground transportation; air transport; navigation systems.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Olfa Taamallah

Yan Derocles

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