Previous Close | 141.00 |
Open | 144.34 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's Range | 141.00 - 141.00 |
52 Week Range | 107.55 - 157.09 |
Volume | |
Avg. Volume | 219 |
Market Cap | 30.039B |
Beta (5Y Monthly) | 0.63 |
PE Ratio (TTM) | 25.04 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 3.15 (2.23%) |
Ex-Dividend Date | May 23, 2023 |
1y Target Est | N/A |
France's Thales SA will provide maintenance services for Brazilian airline Gol in Brazil instead of abroad, the companies outlined on Tuesday in a deal that aims to cut turnaround time and lower costs. Under the deal, Gol Linhas Aereas Inteligentes SA, as the airline is formally known, will no longer need to ship its Thales equipment to the United States or France for maintenance, as they will now be repaired at a Thales plant near Sao Paulo.
France's financial prosecution office is investigating arms maker Thales, a source close to the matter told Reuters, after a radio station earlier reported on a probe into a fighter jet maintenance deal in India. Thales in a statement denied allegations of corruption in relation to the deal, saying it had "zero tolerance" when it comes to corruption and that it had not been questioned by prosecutors on the matter. Radio franceinfo reported that the investigation by France's PNF financial prosecution office was opened into the awarding of maintenance contracts for the Mirage-2000 fighter jet.
France's Thales reaffirmed financial goals as it posted an underlying 9.4% increase in first-quarter sales on Friday, led by civil aerospace and digital identity businesses. Europe's largest defence electronics firm, which also makes civil avionics, in-flight entertainment systems and payment cards, said revenue reached 4.026 billion euros. Revenues from the Aerospace and Digital Identity & Security divisions increased 10.2% and 20.1%, respectively.
Thales on Wednesday posted a 15.6% rise in 2022 core operating profit to 1.935 billion euros as sales rose by an underlying 5.5% to 17.569 billion euros, led by higher demand for military and jetliner parts despite fractured supply chains. Europe's largest defence electronics company - which is also a major civil supplier - predicted 2023 sales of 18-18.5 billion euros, representing underlying growth of between 4% and 7%. Its operating margin rose to a company record of 11.0% from 10.2% the year before, and Thales said it was targeting a further increase to 11.5-11.8% in 2023.
PARIS (Reuters) -Thales on Wednesday posted a 15.6% rise in 2022 core operating profit to 1.935 billion euros as sales rose by an underlying 5.5% to 17.569 billion euros, led by higher demand for military and jetliner parts despite fractured supply chains. Europe's largest defence electronics company - which is also a major civil supplier - predicted 2023 sales of 18-18.5 billion euros, representing underlying growth of between 4% and 7%. Its operating margin rose to a company record of 11.0% from 10.2% the year before, and Thales said it was targeting a further increase to 11.5-11.8% in 2023.
By expanding to the largest layer 2 scaling solution, Thales aims to become more resilient and encourage protocol usage.
French defence and technology group Thales plans to hire 12,000 new staff this year as there is strong demand across its product range, CEO Patrice Caine said in an interview with French weekly Le Journal du Dimanche. He said that over the past eight years Thales, which has total staff of 80,000 of which 40,000 in France, had recruited 5,000 to 8,000 people per year and that last year already it had hired 11,500 new staff. Caine, who recently met with Ukraine's defence minister, said that France would deliver its Ground Master 200 radar air defence system to Ukraine in May.
When the first Royal Navy F-35 warplane touched down on the deck of the HMS Prince of Wales aircraft carrier two years ago, Defence Secretary Ben Wallace hailed it as a “momentous milestone” for the fleet.
PARIS (Reuters) -Thales will not take a stake in Atos' soon to be spun-off unit Evidian, a spokesperson for the French defence and technology company said on Tuesday, following market speculation about Thales' interest in the IT consulting firm. Atos is planning to split into two publicly-listed companies by the end of June. The spun-off entity, Evidian, would include Atos' most-coveted asset, cybersecurity division BDS.
Earlier this month, the regulator raised concerns over the 1.7 billion euro (£1.5 billion) deal among the signalling operators.
As a result, Thales expects the sale to close in the second half of next year, compared to the previous plan to finalise the deal in early 2023. Thales shares slipped 1.6% in Paris to 120.70 euros at 0827 GMT. Britain's principal customer for mainline signalling, Network Rail, is putting in place a tendering process for its next major signalling procurement, the Competition and Markets Authority (CMA) said.
By Scott Kanowsky
The data was released on Nov. 10, Thales, which provides advanced technologies in defence, aeronautics, space, transport and digital security, said. "At this stage, Thales is able to confirm that there has been no intrusion of its IT systems," it added. The group’s experts have identified one of two likely sources of the data theft and continue to investigate the second, it said.
PARIS (Reuters) -French defence and technology group Thales said on Tuesday the hacker group LockBit 3.0 claimed to have stolen some of its data and was threatening to publish it. Thales said the extortion and ransomware group had announced plans on the dark web to release the data on Nov. 7. Thales has opened an internal investigation and has informed the ANSSI national cyber security agency, but so far has not filed a complaint with the police, a company official said.
France's Thales posted better-than-expected third-quarter revenues and new orders on Wednesday and said it expected to reach the upper end of its forecast for annual sales. Europe's largest defence electronics maker said it had won 4.24 billion euros ($4.2 billion) of new orders in the third quarter, up 36% on a like-for-like basis, and generated 4.04 billion euros of revenues, up 8.5%. Revenues were boosted by demand for cybersecurity systems and a rebound in the biometrics business of the former Gemalto, now known as Thales' Digital Identity and Security.
French defence and technology group Thales SA on Thursday raised its annual forecast for order intake and sales growth on the back of robust activity across all its segments in the first six months of the year. Full-year orders should come in "significantly" above the estimated sales, the company said in a statement. The firm still anticipates its operating margin at 10.8% to 11.1%.
Swedish telecom equipment maker Ericsson, French aerospace group Thales and U.S. chipmaker Qualcomm plan to work jointly to develop a satellite-driven 5G network to improve terrestrial connectivity. A 5G mobile device that can connect with satellites would make communication possible from remote corners of the planet and provide a challenge to expensive satellite phones and rival broadband internet services provided by Elon Musk's Starlink. The companies will first do simulations on the ground before carrying out tests in space, Hakan Djuphammar, head of Special Projects at Ericsson's technology arm, said in an interview.
PARIS (Reuters) -French defence and technology group Thales announced on Monday a partnership with EXPAL Systems to provide material for the Australian military, as France and Australia aim to improve diplomatic relations after a dispute last year. French President Emmanuel Macron told new Australian Prime Minister Anthony Albanese last week that he wanted to focus on the future as they try to rebuild relations badly strained by a decision by Australia's former prime minister to ditch a lucrative submarine contract with France.
French defence company Thales said on Thursday it has created a new firm, dubbed S3NS, in partnership with Google to offer state-vetted cloud computing services for the storage of some of the country's most sensitive data. The new company is the result of an alliance sealed last year between Thales, Europe's largest defence electronics supplier, and Alphabet unit Google, following a government plan under which France acknowledged U.S. technological superiority. Google and Microsoft, along with market leader Amazon.com's Amazon Web Services, dominate cloud computing worldwide, which has led to concerns in Europe over the risk of surveillance by the United States.
PARIS (Reuters) -French defence company Thales said on Thursday it has created a new firm, dubbed S3NS, in partnership with Google to offer state-vetted cloud computing services for the storage of some of the country's most sensitive data. The new company is the result of an alliance sealed last year between Thales, Europe's largest defence electronics supplier, and Alphabet unit Google, following a government plan under which France acknowledged U.S. technological superiority. Google and Microsoft, along with market leader Amazon.com's Amazon Web Services, dominate cloud computing worldwide, which has led to concerns in Europe over the risk of surveillance by the United States.
By Scott Kanowsky
(Bloomberg) -- Spain is undertaking Europe’s most ambitious increase in military spending, and sustaining that effort hinges on transforming an undersized defense firm into a national champion.Most Read from BloombergElon Musk Says New Tesla Plants Are ‘Money Furnaces’ Losing BillionsJuul’s Vaping Products Are Ordered Off the Market in the USThe World’s Bubbliest Housing Markets Are Flashing Warning SignsRecession Worries Boost Treasuries; Stocks Advance: Markets WrapJuul Soon to Be Ordered Off
Three non-governmenatal organisations (NGOs) said on Thursday they had filed a lawsuit at a Paris court against three top French arms' producers for alleged war crimes complicity in Yemen after selling weapons to Saudi Arabia and the UAE. The compliant, filed by the European Centre for Constitutional and Human Rights (ECCHR), the Mwatana for Human Rights and Sherpa International, comes amid a nationwide truce between a Saudi-led coalition and the Iran-aligned Houthi group, the first since 2016, went into effect on April 2. Rights groups in France have repeatedly attempted to show that Paris' tacit support for the coalition has prolonged and worsened the conflict, which began in 2015 after the Saudi-led coalition intervened against the Houthis after they ousted the government from the capital Sanaa.