Business description: Thales

Thales is one of the European leaders in manufacturing and marketing of electronic equipment and systems for the aerospace, defense and security sectors. Net sales break down by product group as follows:

- defense and security systems (55.3%): 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 (26.7%): avionics equipment (cockpit, cabin multimedia, and simulation equipment), space systems (satellites, payloads, etc.);

- digital identification and security solutions (17.4%);

- other (0.6%).

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 (27.7%), the United Kingdom (6.5%), Europe (28.1%), North America (12.4%), Asia (9.9%), Australia and New Zealand (4.1%) and other (11.3%).

Number of employees: 82,111

Sales by Activity: Thales

Fiscal Period: December 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR) 2025 (EUR)

Defence (Excluding of Digital I&S)

8.96B 9.52B 10.18B 11.32B 12.59B

Aerospace

4.55B 4.81B 5.34B 5.64B 6.09B

Cyber & Digital

3.03B 3.68B 3.42B 4.15B 3.98B

Other

-358M -440M -514M -528M -524M

Geographical breakdown of sales: Thales

Fiscal Period: December 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR) 2025 (EUR)

Rest of Europe

3.72B 4.1B 4.58B 5.16B 6.21B

France

4.54B 4.83B 5.44B 5.93B 6.12B

North America

1.95B 2.42B 2.58B 2.92B 2.75B

Asia

2.06B 2.07B 1.73B 1.98B 2.19B

United Kingdom

940M 1.02B 1.21B 1.36B 1.43B

Near and Middle East

1.08B 1.19B 1.11B 1.21B 1.31B

Rest of The World

901M 991M 974M 1.09B 1.2B

Australia and New Zealand

994M 958M 812M 940M 911M

Executive Committee: Thales

Manager TitleAgeSince
Chief Executive Officer 56 2014-12-22
Director of Finance/CFO 66 2012-03-31
Chief Operating Officer 58 2023-09-30
Chief Tech/Sci/R&D Officer 52 -
Chief Tech/Sci/R&D Officer - 2016-01-27

Composition of the Board of Directors: Thales

Director TitleAgeSince
Director/Board Member 72 2010-02-15
Director/Board Member 66 2009-05-18
Director/Board Member 66 2010-02-15
Director/Board Member 76 2012-05-14
Chairman 56 2014-12-22
Director/Board Member 76 2013-09-16
Director/Board Member 61 2016-09-11
Director/Board Member 57 2021-05-05
Director/Board Member 65 2018-01-29
Director/Board Member 57 2021-05-05

Shareholders: Thales

NameStocks%Valuation
Government of France
26.6 %
54,788,714 26.6 % 15 313 M €
26.59 %
54,750,000 26.59 % 15 302 M €
Thales SA Employees Stock Ownership Plan
2.993 %
6,164,289 2.993 % 1 723 M €
Rathbones Asset Management Ltd.
0.3174 %
653,688 0.3174 % 183 M €
0.2255 %
464,490 0.2255 % 130 M €
NameStocks%Valuation
Ferguson Wellman Capital Management, Inc.
0.0525 %
540,846 0.0525 % 30 M €
Valicenti Advisory Services, Inc.
0.005229 %
53,843 0.005229 % 3 M €
RhumbLine Advisers LP
0.001272 %
13,098 0.001272 % 732 139 €
GAMMA Investing LLC
0.000315 %
3,246 0.000315 % 181 442 €
UBS Trust Company of Puerto Rico (Investment Management)
0.000057 %
586 0.000057 % 32 756 €

Holdings: Thales

NameStocks%Valuation
464,4900.23% 130 M $

Company details: Thales

Thales SA

4, rue de la Verrerie

92189, Paris

+33 1 87 72 36 30

http://www.thalesgroup.com
address Thales(HO)

Group companies: Thales

NameCategory and Sector
Computer Peripherals
Computer Peripherals
Data Processing Services
Data Processing Services
Gemalto Digital Security Ltd.

Satellite Design & Manufacture

Change 5-day change 1-year change 3-year change Capi.($)
+2.00%-1.36%-9.90%+63.92% 51.74B
+4.18%+6.89%+192.39%+188.12% 14.09B
+0.26%+11.57%+421.80%+888.51% 11.15B
+1.29%-3.81%-29.59%+127.99% 8.91B
0.00%-24.80%+281.08%+782.63% 6.16B
-1.01%-5.63%-21.02%+20.77% 3.18B
-1.90%-6.33%-45.24%-0.68% 1.19B
+3.97%-3.37%+21.62% - 965M
-1.79%-9.68%-40.59%-47.51% 630M
+12.66%-14.38%+87.49%+190.94% 638M
Average +1.96%-3.64%+85.80%+246.08% 9.87B
Weighted average by Cap. +1.84%-0.70%+84.12%+224.99%
Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
220.50EUR
Average target price
294.72EUR
Spread / Average Target
+33.66%

Quarterly revenue - Rate of surprise