Sony Pixel Power calrec Sony

2024 Capital Markets Day: Thales, a global technology leader in Defence, Aerospace and Cyber & Digital

14/11/2024

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
LINK: https://www.thalesgroup.com/en/group/investors/press_release/2024-capi...
See more stories from thales

Most recent headlines

05/01/2027

Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be demoed at CES 2026

Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be ...

10/10/2026

Scripps Research associate professor Keren Lasker receives DARPA Young Faculty Award to develop toxin traps

LA JOLLA, CA-Associate Professor Keren Lasker, the Ian Wilson Endowed Chair at S...

09/10/2026

Beyond fact-checking: building resilience to disinformation

A new Thomson Foundation report explores what experiences in Hungary, Sudan and Uganda can teach us about helping societies withstand disinformation. While fac...

09/10/2026

DAZN Unveils U.S. Playbook for 19-Team Local-Streaming Launch

Standalone subscriptions, free games, and team hubs anchor the streamer's local-rights push...

09/10/2026

Chris Ober, FOX Sports Teammate to Remember, Loses Long Cancer Battle at 46

Christoffer Aaron Chris Ober, a longtime and beloved member of FOX Sports' remote production crews who worked on many of the network's biggest events,...

09/10/2026

SVG GameDay, Ep. 34: U.S. Soccers Theresa Matthews - Building Excitement for the Stars & Stripes

In-venue and creative video staffers at the professional and collegiate level ha...

09/10/2026

USSI Global Appoints Ed McGivern as Chief Revenue Officer

USSI Global has appointed Ed McGivern as Chief Revenue Officer, reporting to President and CEO Anthony Morelli. McGivern brings more than 25 years of executive...

09/10/2026

DTM, TV Skyline, and Riedel Deploy Private 5G for Onboard Camera Transmission

Riedel Communications has announced the deployment of its Easy5G private 5G platform as the primary transmission system for onboard camera signals in the DTM ra...

09/10/2026

National Duals Invitational Championship to Air on ESPN December 13

The National Duals Invitational championship match will air on ESPN on Sunday, December 13 at 7:30 p.m. CT from the BOK Center in Tulsa, Oklahoma. The 27 prelim...

09/10/2026

VVC Adoption Advances as Mobile Hardware Support Expands

Versatile Video Coding is moving closer to mainstream deployment as smartphone manufacturers, semiconductor suppliers, and streaming providers address the hardw...

09/10/2026

Min Woo Lee Launches Official YouTube Channel with Omaha Productions

PGA Tour golfer Min Woo Lee and Omaha Productions have announced the launch of Lee's official YouTube channel. The first video, filmed at TPC Summerlin, lau...

09/10/2026

ATSC Approves B2X System Discovery and Signaling Candidate Standard

ATSC has announced the approval of a Candidate Standard for its Broadcast-to-Everything (B2X) initiative. S44-2-002r6, B2X System Discovery and Signaling, has...

09/10/2026

BKB Bare Knuckle Boxing Partners With TV Azteca for Mexico and Latin America Distribution

BKB Bare Knuckle Boxing has announced a partnership with TV Azteca to bring BKB ...

09/10/2026

SPORTEL Awards 2026 Shortlist Announced

The SPORTEL Awards 2026 official selection has been announced, with 26 works across seven categories selected from more than 150 entries. Winners will be announ...

09/10/2026

RTVE Selects Ateme TITAN Edge for Satellite Contribution on New Production Units

Ateme has announced that RTVE, Spain's public broadcaster, has selected its TITAN Edge platform for satellite contribution on three new transportable produc...

09/10/2026

CRD Audiovisuel Deploys LiveU LU900Q for Tour de France Coverage

LiveU has announced that CRD Audiovisuel used the LU900Q intelligent production unit with built-in LiveU IQ (LIQ) connectivity to deliver live content from the ...

09/10/2026

Analogue Solutions ship second Filtopia batch

Latest run of limited-edition analogue monosynth now available British synth experts Analogue Solutions have announced that the second batch of their limite...

09/10/2026

EVE Audio partner with Arturia

12-months of FX Collection 6 Pro with qualifying monitor purchases EVE Audio and Arturia are currently running a worldwide promotion that gives customers a ...

09/10/2026

Soniccouture reveal Scanner: Library

Created in collaboration with Robin Rimbaud Soniccouture have teamed up with Scanner (Robin Rimbaud) to create a custom sound-design tool based on the artis...

09/10/2026

PBS Strikes Deal to Make France 24 Available to Stations' Digital Platforms

Share Copy link Facebook X Linkedin Bluesky Email...

09/10/2026

COW Jobs: Visual Storyteller - Emeryville, CA

COW Jobs: Visual Storyteller - Emeryville, CA Brie Clayton October 9, 2026 0 Comments Visual Storyteller October 7, 2026 COW Jobs: Cinematographer...

09/10/2026

Master 3-Point Lighting in After Effects With an Orbiting Light Rig

Master 3-Point Lighting in After Effects With an Orbiting Light Rig Graham Quince October 9, 2026 0 Comments Ever wondered why your 3D renders in Afte...

09/10/2026

nxtedition makes A B I S debut in Mumbai

nxtedition will exhibit for the first time at Asias Broadcasting & Infotainment Show (A.B.I.S) in Mumbai, bringing its integrated production platform and latest...

09/10/2026

Today's AI Isn't the Answer

Today's AI Isn't the Answer Andy Marken October 8, 2026 0 Comments Let's say you're telling the truth, and this is all a dream. - Do...

09/10/2026

Ikegami to Introduce New UHK-X700VN Camera at NAB New York, Offering Advanced Creative Features

Ikegami to Introduce New UHK-X700VN Camera at NAB New York, Offering Advanced Cr...

09/10/2026

ATSC Members Approve B2X Candidate Standard

Share Copy link Facebook X Linkedin Bluesky Email...

09/10/2026

Davicom Has a New Owner

Share Copy link Facebook X Linkedin Bluesky Email...

09/10/2026

Clear-Com Scales Up Communications for Rock in Rio

Share Copy link Facebook X Linkedin Bluesky Email...

09/10/2026

Hippos, meerkats and dolphins, oh my! Season 12 of The Zoo returns to RT One and RT Player Monday 12 October

Witness world firsts, new arrivals and the work that goes on behind the scenes a...

09/10/2026

Dolby Expands Dolby OptiView Platform with New Capabilities at IBC 2026

September 10 2026, 06:00 (PDT) Dolby Expands Dolby OptiView Platform with New Capabilities at IBC 2026 New Sports Intelligence helps providers better unders...

08/10/2026

Life Safety, Part 2: From Noise to Nice: The Evolution of Speech Intelligibility in Stadium Sound

Modern venues have come a long way since the tinny, echoing audio of the mid 20t...

08/10/2026

ESPN's First Super Bowl Adds Disney+ to U.S. Distribution Mix

ESPN's first Super Bowl production will stream in English and Spanish on Disney+, while the ESPN App carries the full slate of game, ManningCast, studio, an...

08/10/2026

SVG Students To Watch: Addison McGhee, Auburn University

From high-school videoboards to War Eagle Productions, the Opelika native is learning how to lead shows and capture big moments The future of live sports produ...

08/10/2026

Prime Video to Become Exclusive Global Home of Emmy Awards Beginning in 2027

The Television Academy and Prime Video have announced a six-year agreement making Prime Video the exclusive global home of the Emmy Awards beginning with the 20...

08/10/2026

Techex to Demonstrate Hybrid Satellite and IP Delivery Platform at NAB Show New York

Techex will exhibit at NAB Show New York 2026 (Booth 623, Javits Center, October...

08/10/2026

X Games Appoints Steve Rogers as Chief Operating Officer

X Games has announced the appointment of Steve Rogers as Chief Operating Officer. Rogers previously served as COO of World Supercross and spent nearly a decade ...

08/10/2026

Fonn Group Appoints Trevor Spielmann as Sales Director, DACH

Fonn Group has appointed Trevor Spielmann as Sales Director for Germany, Austria, and Switzerland. Spielmann joins from EVS, where he held sales and business de...

08/10/2026

Perfect Game Introduces New Studio Show on the Road With Launch of PG Central

The flagship program will originate from major PG events with a four-camera production, live distribution across PGTV, social platforms Perfect Game is bringin...

08/10/2026

Uplynk White Paper: The IP Convergence Framework for Distribution

Innovation rarely happens in a vacuum. More often, it happens at the point of collision: when worlds that have run on separate tracks begin to converge. That is...

08/10/2026

Gravity Media Op-Ed: Gravity Media's Next Act - From Service Provider to Strategic Content Partner

For decades, the production and broadcast services business has run on a familia...

08/10/2026

Uplynk, Zixi, BroadView Software, and Grass Valley Publish Satellite-to-IP Distribution Framework

Uplynk, Zixi, BroadView Software, and Grass Valley have published The IP Converg...

08/10/2026

NFL Announces Ninth Annual Big Data Bowl Powered by AWS

The NFL has announced the return of the Big Data Bowl, the league's analytics competition, now in its ninth year and again powered by AWS. Registration is o...

08/10/2026

Eutelsat Renews Partnership with Tldiffusion dAlgrie on EUTELSAT 7 West A

Eutelsat has renewed its partnership with T l diffusion d'Alg rie (TDA), Algeria's national broadcasting network operator, for continued distribution of...

08/10/2026

Disney+ to Stream Super Bowl LXI on February 14, 2027

Disney will livestream Super Bowl LXI on February 14, 2027, alongside the game's broadcast on ESPN and ABC. All Disney subscribers in the United States wi...

08/10/2026

RHStv to Stream Clemson vs. Coastal Carolina Baseball at Myrtle Beach Fall Showdown

RHStv and Red House Streaming have announced an expansion of their partnership w...

08/10/2026

Gray Media to Simulcast 15 Timberwolves Games Free Over-the-Air in Minnesota and Wisconsin

Gray Media has announced a distribution agreement with TEGNA and DAZN to simulca...

08/10/2026

SMPTE Media Technology Summit Returns to Pasadena Nov. 16-19; Get 10% Off With SVG Promo Code

SVG readers can save 10% on registration and receive a complimentary Solutions H...

08/10/2026

PROTON Camera Innovations Named Recipient of 2026 Technology and Engineering Emmy for FPV Drone Systems

PROTON Camera Innovations GmbH has been named a recipient of a 2026 Technology a...

08/10/2026

Silver Lining: Sharing Tales From the Trenches of Cloud-Based Production with NBC Sports, MLB, NHL, and Warner Bros. Discovery

Industry leaders discuss real-world cloud workflows for live game production, pl...

08/10/2026

Dolby Atmos Coming to Formula 1 on Apple TV Beginning with 2026 U.S. Grand Prix

The next-gen audio technology joins Dolby Vision as part of Apple TV's immersive F1 experience...