Business description: Thales

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%).

Number of employees: 78,600

Sales by Activity: Thales

Fiscal Period: December20192020202120222023

Defence & Security (Excluding of Digital I&S)

8.6B 8.37B 8.96B 9.52B 10.18B

Aerospace

5.68B 4.31B 4.55B 4.81B 5.34B

Digital I&S

2.56B 3.02B 3.03B 3.68B 3.42B

Other

-356M -333M -358M -440M -514M

Transport

1.91B 1.62B - - -
See all business segments

Geographical breakdown of sales: Thales

Fiscal Period: December20192020202120222023

France

4.46B 4.23B 4.54B 4.83B 5.44B

Rest of Europe

4.04B 4.02B 3.72B 4.1B 4.58B

North America

2.1B 1.95B 1.95B 2.42B 2.58B

Asia

2.64B 2.31B 2.06B 2.07B 1.73B

United Kingdom

1.3B 1.18B 940M 1.02B 1.21B

Near and Middle East

1.6B 1.2B 1.08B 1.19B 1.11B

Rest of The World

1.3B 1.1B 901M 991M 974M

Australia and New Zealand

958M 990M 994M 958M 812M
See all geographic segments

Managers: Thales

Director TitleAgeSince
Chief Executive Officer 54 2014-12-22
Director of Finance/CFO 64 2012-03-31
Chief Operating Officer 55 -
Chief Tech/Sci/R&D Officer 50 -
Chief Tech/Sci/R&D Officer - 2016-01-27
See THALES governance

Members of the board: Thales

Manager TitleAgeSince
Director/Board Member 86 2010-02-15
Director/Board Member 71 2010-02-15
Director/Board Member 64 2009-05-18
Director/Board Member 64 2010-02-15
Director/Board Member 77 2012-05-14
Director/Board Member 75 2012-05-14
Chairman 54 2014-12-22
Director/Board Member 74 2013-09-16
Director/Board Member 60 2016-09-11
Director/Board Member 56 -
Composition of the Board of Directors

Shareholders: Thales

NameEquities%Valuation
Government of France
26.60 %
54,788,714 26.60 % 8 188 M €
54,750,000 26.59 % 8 183 M €
Thales SA Employees Stock Ownership Plan
2.847 %
5,864,126 2.847 % 876 M €
Rathbones Asset Management Ltd.
0.3949 %
813,345 0.3949 % 122 M €
THALES
0.3306 %
680,929 0.3306 % 102 M €
NameEquities%Valuation
Valicenti Advisory Services, Inc.
0.007443 %
76,640 0.007443 % 2 M €
Mount Lucas Management LP
0.002214 %
22,800 0.002214 % 681 515 €
RhumbLine Advisers LP
0.001457 %
15,000 0.001457 % 448 365 €
GAMMA Investing LLC
0.000122 %
1,259 0.000122 % 37 633 €
Eagle Bay Advisors LLC
0.000033 %
343 0.000033 % 10 253 €
List of THALES shareholders

Holdings: Thales

NameEquities%Valuation
680,9290.33%101,766,405 $

Company details: Thales

Thales SA

Tour Carpe Diem 31, Place des Corolles

92400, Paris

+33 1 57 77 80 00

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

Group companies: Thales

NameCategory and Sector
Specialty Telecommunications
Thales Alenia Space Schweiz AG
Electronic Equipment/Instruments
Aerospace & Defense
Miscellaneous Commercial Services
See all subsidiaries

Satellite Design & Manufacture

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Change 5d. change 1-year change 3-years change Capi. ($)
-1.65%-3.07%-1.04%+86.21%30.38B
+10.01%+4.19%+21.73%+20.47%4.63B
-1.91%-9.17%+38.74%+168.89%4.22B
+0.74%+4.32%+36.39%+34.09%3.06B
+5.89%-0.85%+57.01% - 1.64B
-4.21%-14.19%+59.26%-60.55%1.19B
-2.60%-4.05%+6.51%+26.05%936M
+3.04%-6.12%-35.65%-37.56%700M
-1.44%-3.82%-7.74% - 433M
+0.74%+2.47%-14.94% - 369M
Average +0.86%-0.20%+16.03%+33.94% 4.76B
Weighted average by Cap. -0.12%-0.70%+10.09%+76.64%
See all sector performances
Trading Rating
Investor Rating
ESG Refinitiv
B-
surperformance-ratings-light-chart THALESMore Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
16
Last Close Price
137.50EUR
Average target price
175.56EUR
Spread / Average Target
+27.68%
Consensus

Quarterly revenue - Rate of surprise