Thales reported excellent first-quarter sales of EUR 3.4 billion, up 4.1% on a reported basis and up 7.2% organically relative to the year-ago period, as recovery of project execution at the transport segment and strong demand for military naval and aircraft systems more than offset weakness in aerospace (sales down 3.5% in the first quarter on reported basis). Organically, aerospace sales were about flat in the first quarter, a decent result given the high comparison base, as due to strong in-f...
The trend is still bullish, the invalidation level is below €100.70. The target is at €105.50.Arguments :- Prices made a new all-time-high, this confirms the strength of the trend.- The rising moving average confirms our opinion.- The bullish gap opened as prices break out of the pattern announces a rally.
La tendance est toujours haussière, son niveau d'invalidation est sous 100,70 €. L'objectif est à 105,50 €.Arguments :- Les cours font un nouveau plus haut historique, ce qui témoigne de la force de la tendance.- La moyenne mobile, haussière, confirme notre avis.- Le gap haussier ouvert en sortie de figure annonce la hausse.
Thales reported strong full-year 2017 results as revenue increased 7.2% on an organic basis and margins expanded 70 basis points year on year despite increased spend on research and development, or R&D, predominantly in the aerospace segment. Order intake was down 9% on an organic basis compared with the year-ago period. We view this as a good performance, given the high comparison base, as Thales saw record-high order intake in 2016, including the large contract related to the order of 36 R...
The trend is still bullish, the invalidation level is below €94.50. The target is at €104.16.Arguments :- The major support has been reached, it causes the bounce.- The descending resistance has been breached.- The moving average is supporting prices.- The bullish gap opened as prices break out of the pattern announces a rally.
La tendance est toujours haussière, son niveau d'invalidation est sous 94,50 €. L'objectif est à 104,16 €.Arguments :- Le support majeur est atteint, il cause le rebond.- La résistance descendante est dépassée.- La moyenne mobile sert de support.- Le gap haussier ouvert en sortie de figure annonce la hausse.
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