Thales : Reassuring upturn in productivity – H1 2020 preview
>Deterioration of productivity less marked-than-expected in H1 - Whilst lacklustre demand continues to weigh on activities exposed to the civil aviation segment (avionics, IFE and electrical generation) in addition to ID documents and IoT for the automotive sector, the deterioration of productivity in Q2 ultimately looks less marked than our initial forecast with a gradual improvement visible throughout the quarter. This trajectory clearly lends weight to the target o...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.
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.
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