Thales is today releasing its order intake and sales for Q1 2016.
Patrice Caine, Chairman & Chief Executive Officer, commented: 'Business over the first few months of 2016 confirmed the acceleration of Thales's sales momentum, which was first witnessed last year, with organic growth in sales of over 7%. Order intake is in line with our expectations. It is logically lower than in Q1 2015 when the Group recorded the Egyptian Rafale contract.'
Order intake in line with expectations: €2.3 billion, down 18%[1]
Sales: €2.7 billion, representing organic growth[2] of 7.3%
Confirmation of all financial objectives
Order intake, € million
Q1 2016
Q1 2015
Total change
Organic change
Aerospace
1,030
782
+31%
+32%
Transport
231
462
-50%
-50%
Defence & Security
1,029
1,566
-34%
-34%
Other
22
13
Total
2,312
2,823
-18%
-17%
Sales, € million
Aerospace
1,067
1,081
-1.3%
-0.9%
Transport
260
234
+11.3%
+13.8%
Defence & Security
1,384
1,244
+11.3%
+13.2%
Other
20
18
Total
2,732
2,576
+6.1%
+7.3%
Of which mature markets[3]
1,959
1,938
+1.1%
+2.5%
Of which emerging markets
773
638
+21.2%
+21.8%
We are pleased to invite you to participate in our conference call in English:
Wednesday, 4 May 2016at 8:30 am (CET)
Dial-in number from France: + 33(0) 1 70 77 09 43
International dial-in number: + 44 (0) 203 367 94 59.
It will be also possible to follow the conference call through a webcast by using the following link: http://edge.media-server.com/m/p/zuacn8cj.
If you are unable to listen to the call live, a digital replay will be available a few hours after the end of the conference call and will remain available for 90 days. To access the replay, please dial +33 (0) 1 72 00 15 00 or +44 (0) 203 367 94 60 (code 300888#).
[1]
Q1 2015 benefited from the recognition of a 'jumbo' contract (unit value over €500 million): Egypt's order of 24 Rafale fighter jets
[2]
In this press release, 'organic' means 'at constant scope and exchange rates'
[3]
Mature markets: Europe, North America, Australia, New Zealand; emerging markets: all other countries. See page 5
THALES SA published this content on 04 May 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 04 May 2016 05:13:04 UTC.
Original documenthttps://www.thalesgroup.com/en/worldwide/press-release/q1-2016-order-intake-and-sales
Public permalinkhttp://www.publicnow.com/view/4F07EC0853A0B4162CA2CA55BBD48EBCCE0146B9
Thales is one of the European leaders in manufacturing and marketing of electronic equipment and systems for the defense and security, aerospace, and transportation sectors. Net sales break down by product group as follows:
- defense and security systems (53.4%): C4I defense and security systems (control and monitoring systems, communication, protection, cyber-security, and other systems), defense mission systems, naval systems, electronic war systems, drones, air operation systems (air defense, air surveillance), ground defense systems and missiles;
- aerospace systems (28.4%): avionics equipment (cockpit, cabin multimedia, and simulation equipment), space systems (satellites, payloads, etc.);
- digital identification and security solutions (18.2%).
Besides, the group owns a 35% stake in Naval Group (manufacture of naval equipment for defense and nuclear energy sectors).
Net sales are distributed geographically as follows: France (29.5%), the United Kingdom (6.6%), Europe (24.8%), the United States and Canada (14%), Asia (9.4%), Near and Middle East (6%), Australia and New Zealand (4.4%) and other (5.3%).
THALES 
