Report
Antoine Boivin-Champeaux ...
  • Yan Derocles

Thales : Le S1 2018 permet d’envisager de battre la guidance FY18

>Fort effet de levier opérationnel au S1 2018 porté par une croissance organique des ventes impressionnante de 6.9% - Au S1 2018, Thales a dévoilé un niveau de marge brute élevé de 25.8% (+190 pb) porté par i/ une croissance organique des ventes impressionnante de 6.9% (7.2% au T1 et 6.7% au T2) qui permet d’amortir plus facilement les coûts fixes et ii/ un niveau jugé excellent –mais peut-être pas reproductible- d’exécution des contrats dans l’activité Défense & Sécu...
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
Antoine Boivin-Champeaux

Yan Derocles

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Matthias Desmarais
  • Matthias Desmarais

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