Report
Olfa Taamallah ...
  • Yan Derocles

Thales : Preview FY 23 – Espace et smart cards pèseront encore fortement sur le début de FY 24

>Un T4 2023 dans la lignée du T3 - Thales publiera ses résultats 2023 le 5 mars (avant ouverture). Nous n’anticipons pas de surprise majeure puisque les tendances observées aux 9M semblent s’être poursuivies sur le T4 i.e. absence de rebond dans l’espace et ralentissement des smart cards compensés par une forte dynamique de l’avionique, du digital ainsi que de la défense. Nous tablons sur un EBIT de 2 116 M€ pour une croissance organique du CA de c6.5% à 18 21...
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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