
Facebook
Twitter
LinkedIn
Thales has successfully reinforced its business portfolio and delivered on its operational commitments over the last 5 years
Defence reinforced as a core market
Aerospace strengthened both organically and through M&A
Cyber & Digital scaled as a new core technology segment
Ground Transportation divested
Robust commercial performance
Solid increase in profitability
Outstanding cash flow performance
Building on its unique technological platform, the Group will implement the following strategic priorities
Leverage premium portfolio to deliver profitable growth
Reinforce premium positioning
Differentiate through disruptive technology
Enhance employer attractiveness
Strengthen its ESG leadership
Thales is setting new financial targets for the 2024-28 period
Organic sales growth rate (CAGR over 2024-2028, base year 2023) of 5-7%1
EBIT margin improvement to 13-14% in 20282
Average FOCF3 conversion of 95-105%
Thales (Euronext Paris: HO) is hosting today its 2024 Capital Markets Day with investors and financial analysts, in-person and through a live webcast accessible via the following link.
Following the acquisitions of Gemalto, Imperva and Cobham AeroComms, Thales has successfully transformed its business portfolio into a unique global technology enabled Defence, Aerospace, and Cyber & Digital company, with strong and differentiated leadership positions across businesses.
Patrice Caine, Chairman and Chief Executive Officer, Pascal Bouchiat, Senior Executive Vice-President, Chief Financial Officer, and members of the Executive Committee of Thales will provide details of the Group's key new strategic priorities, medium-term financial objectives and the characteristics that make Thales' unique positioning, able to deliver accelerated long-term profitable growth.
Since our last Capital Markets Day in 2019, Thales has successfully navigated an unprecedented and challenging geopolitical environment. I would like to thank all our teams for their continuous commitment and our customers for their trust. Through these times, we have improved the quality of our businesses with active portfolio management, strengthening our core Defence and Aerospace portfolio while transforming and scaling up our Cyber & Digital business.
The strong platform we have built with unique leadership positions across our three markets, our ability to innovate and anticipate technological disruptions and our strong pipeline of new premium products & services enable us to look forward to the next chapter of accelerated and sustainable growth with confidence.
I am delighted to be today with investors and financial analysts and set out our roadmap to deliver attractive, profitable growth over the next five years, with our strengthened portfolio. I look forward to interacting with our key stakeholders.
Patrice Caine, Chairman & Chief Executive Officer
Strategic priorities
Looking ahead, Thales will implement the following strategic priorities:
Leverage premium portfolio to deliver profitable growth, building on our leadership position in fast growing segments. 80-90% of Thales' revenues are exposed to fast growing markets. Thales' long-term visibility on these market segments along with a diversified customer base provides confidence in Thales' ability to execute on its growth ambition.
Reinforce premium positioning, combining notably delivery excellence, operational superior performance, customer driven innovation, user-friendly design and experience and best in class after-sales' support. Thales will continue to differentiate itself through innovation in these fields that deliver higher value to customers driving growth in our market share and better pricing.
Differentiate through disruptive technology, embracing technology disruptions and staying ahead of the competition, with 4bn allocated to research and development ( 5bn by 2028). This critical mass enables the Group to work on a wide spectrum of technology and projects, such as trustworthy AI, 6G, and quantum technology. This will enable Thales to strengthen its undisputed technological leadership in the future.
Reinforce employer attractiveness, by investing in attracting and retaining the best talents everywhere and becoming a Learning Company. The Group's purpose, thorough leadership, and partnerships with top universities, academies, and renowned scientists set it apart. Its contribution to major societal challenges makes it the destination of choice for the brightest minds.
Strengthen its ESG leadership, delivering on its ambition to become an ESG leader and protecting our societies, people, and the planet. Thales unique portfolio of solutions can help solve some of the major societal issues and build a future we can all trust. Thales has joined the CAC 40 ESG Index in September 2024 and will unveil its new 2030 flagship ESG objectives in 2025.
A clear roadmap for each business
Relying on 1) the execution of each of the above strategic priorities, 2) the unprecedented visibility Thales is currently benefiting from across its portfolio and 3) solid growth prospects, the Group has set up a clear and ambitious 2028 roadmap for each of its businesses:
In Defence: Thales intends to leverage its extended delivery capabilities to capture high market growth. Sales organic growth CAGR4 over 2024-2028 should reach 6 to 7% and EBIT margin 13%.
In Avionics: the Group will grasp the advantage of an enhanced state of art product portfolio to address strong market demand. Sales organic growth CAGR4 over 2024-2028 should reach 5 to 7% and EBIT margin 13 to 14% in 2028.
In Space: Thales is focused on restoring the business profitability to exceed the Group's WACC, while considering selective business opportunities. Sales organic growth CAGR4 over 2024-2028 should reach
Most recent headlines
05/01/2027
Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be ...
07/10/2026
Dalet, a leading technology and service provider for media-rich organizations, today announced the latest Long-Term Supported (LTS) release of Dalet Flex. Build...
06/09/2026
June 9 2026, 23:00 (PDT) Dolby and MagentaTV Bring Fans Closer to the FIFA Worl...
04/08/2026
Dalet, a leading technology and service provider for media-rich organizations, t...
22/07/2026
eds3_5_jq(document).ready(function($) { $(#eds_sliderM519).chameleonSlider_2_1({ content_source:......
22/07/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
22/07/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
22/07/2026
Proven managed IP solution helps broadcasters confidently navigate the future of broadcast distribution
LTN announces it has completed successful satellite-to-...
22/07/2026
Today, Chaos announced V-Ray 7, update 4, eliminating the need for asset conversions and tool switching, which slow down media and entertainment pipelines. Arti...
22/07/2026
An AI playground for the Project Indigo camera app
Marc Levoy July 22, 2026
0 Comments
At left is the user interface of our Playground, running on an ...
22/07/2026
Custom Consoles announces the completion of a large technical furniture project for Radio T l vision Suisse (RTS) at the networks recently inaugurated productio...
22/07/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
22/07/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
22/07/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
22/07/2026
Culver City, CA, July 21, 2026 3D streaming infrastructure provider Miris today announced glTF intake, including the binary .glb form, to its spatial streamin...
22/07/2026
Documentary Lo Invisible Captured with Blackmagic PYXIS 6K
Brie Clayton July 21, 2026
0 Comments
Camera's versatile design allowed filmmakers to c...
22/07/2026
AAF Bridge converts AAF and XML Timelines to Ableton Live - and back
Jerome Gardier July 21, 2026
0 Comments
A two-way converter for macOS and Windows...
22/07/2026
From Class to Concert: Explore a Student-Led Production of David Bowies Work Thr...
22/07/2026
Audio at Parity: Comscore Launches Transcript-Level Targeting and Measurement wi...
22/07/2026
Arvato Systems and Lobster Enter into a Partnership and Combine the Integration Platform and Managed Services
Flexible integration solutions for cloud, hybrid...
22/07/2026
RT REPORTS NET SURPLUS OF 22.5 MILLION IN 2025...
22/07/2026
In the Opinion of the Censor airs Monday 27 July at 9.35pm on RT One and RT Player
In the Opinion of the Censor looks at how films for theatrical release wer...
22/07/2026
Before a healthcare robot can be useful in the real world, it has to learn how the physical world pushes back. Anatomy varies. Instruments bend, press, slip and...
21/07/2026
New research involving a cross-section of Mongolias independent media landscape finds enthusiasm for AI as a tool to improve efficiency, sustainability and resi...
21/07/2026
With winners Spain having already paraded the World Cup trophy through Madrid in front of millions of fans and the dust now settling on an epic tournament of th...
21/07/2026
In a time of disarray in regional sports broadcasting, the league will provide c...
21/07/2026
When NEP designed one of its largest recurring mobile production unit fleets for PGA TOUR
coverage, the leading media services provider faced a familiar challe...
21/07/2026
High-end analogue channel strip boasts plug-in recall
Originally revealed as a prototype back at NAMM 2024, the Channex Studio channel strip represented a b...
21/07/2026
Relies on same DSP as plug-in range
Musik Hack's line-up has been influenced heavily by founder Stan Greene's work as a mixing engineer, and their M...
21/07/2026
Official collaboration with boutique builder Dirty Boy Pedals
Warm Audio have just announced the launch of a new guitar pedal range created in collaboration...
21/07/2026
SBS scores biggest ever FIFA World Cup Reach as Spain triumph in the final
21 July, 2026
Media releases
Spain v Argentina attracted a Total TV reach of al...
21/07/2026
Rohde & Schwarz showcases broad range of EMC test solutions at EMC SIPI 2026 in ...
21/07/2026
Warner Bros. Discovery's unbroken lead is interrupted as sports and live mus...
21/07/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
21/07/2026
Across the TV and streaming ecosystem, industry players face mounting pressure to do more with less. They must simplify operations, protect premium content and ...
21/07/2026
Tuxera, a leading prover of quality-assured file systems and networking technologies, is bringing its latest advances in connectivity performance to the media w...
21/07/2026
COW Jobs: Apple Motion Expert for Custom FCP Rigged Graphics Package
Brie Clayton July 21, 2026
0 Comments
HIRING: Apple Motion Expert for Custom FCP ...
21/07/2026
Cinegy GmbH, the premier provider of software-defined television technology, will use its presence at IBC2026 (stand 7.A01, Amsterdam RAI, 11 14 September) to...
21/07/2026
Calrec will be located in Hall 8, on Stand C47
Beyond bigger
For years, broadcast facilities were built around one assumption: provision for the biggest pro...
21/07/2026
Pebble, the leading automation, content management and integrated channel specialist, will discuss its future-facing developments for the new generation of medi...
21/07/2026
nxtedition returns to IBC2026 with its consolidated production platform, showing how scripting, editing, graphics, AI-assisted tools and automation can work wit...
21/07/2026
C2PA content signing helps broadcasters, public institutions, and publishers give audiences a verifiable record of where their video content came from and how i...
21/07/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
21/07/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
21/07/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
21/07/2026
Share
Copy link
Facebook
X
Linkedin
Bluesky
Email...
21/07/2026
New capability centralizes collaboration, feedback, security and status tracking within VIDA, providing a structured, auditable approach to master quality contr...
21/07/2026
Lightcraft Launches Exclusive Spark Story Beta for Filmmakers and Creators at SI...
21/07/2026
Indie Road Movie Where in the Hell Shot with Pocket Cinema Camera 4K
Brie Clayton July 20, 2026
0 Comments
Colorist blends vintage film looks to shape...