Thales : Update to the 2019 guidance. One of the last remaining risk factors?
>The suspense over Gemalto is drawing to a close... for 2019 at least - At 7.00am CET on 13 June (with a conference call scheduled for 8.30am CET), Thales will update its 2019 targets to reflect the acquisition of Gemalto and the sale of the GP HSM activity. We see this event as one of the last remaining risk factors weighing on the stock. The press conference will respond to investors’ main concerns on Gemalto such as: i/ the rate of sales growth, since Q1 2019 showe...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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