Sony Pixel Power calrec Sony

Thales reports its order intake and sales for the first quarter of 2024

30/04/2024

Facebook

Twitter

LinkedIn

Order intake: 5.0 billion, up 47% ( 46% on an organic basis1 )

Sales: 4.4 billion, up 9.8% ( 7.9% on an organic basis)

All financial objectives confirmed

Thales (Euronext Paris: HO) today announced its order intake and sales for the first quarter of 2024.

Thales had a very good start to the year in the first quarter with particularly strong sales momentum. Organic sales growth was ahead of the annual guidance, driven by the Defence & Security business, which recorded a particularly strong performance over the quarter. Those results reflect Thales' teams unwavering commitment and the quality of its portfolio of solutions, which is more than ever adapted to worldwide current challenges. The Group is further accelerating in leading-edge technology, as demonstrated by the launch of cortAIx, our new organization gathering our talents and strengthening our capacities in Artificial Intelligence. We remain focused on our growth strategy in growing markets and confirm all our financial targets for 2024. Patrice Caine, Chairman and Chief Executive Officer

1 In this press release, organic means at constant scope and exchange rates .

2 Mature markets: Europe, North America, Australia, New Zealand; emerging markets: all other countries. See table on page 5.

Order intake Order intake for the first quarter of 2024 amounted to 5,037 million, up 46% compared to the first quarter of 2023 at constant scope and exchange rates, and up 47% on a reported basis.

During the quarter, the Group recorded four large orders worth over 100 million each, for a total of 1,612 million, compared to three large orders in Q1 2023:

The entry into force of the third tranche of the order placed by Indonesia in 2022 for the purchase of 42 Rafale aircraft (18 aircraft and support services)

Order of an air surveillance system for a military customer in the Middle East

Second tranche of the contract signed in 2023 between France and Italy for the production of 400 ASTER B1NT ground-to-air missiles

Phased contract with the French Defence Procurement Agency (DGA) to develop the next generation of sonars to equip French nuclear-powered ballistic-missile submarines (SSBN).

At 1,206 million, order intake with a unit value between 10 million and 100 million recorded strong organic growth, both in Aerospace ( 56%) and Defence & Security ( 50%). Orders for a unit amount of less than 10 million were down 2% organically compared to the first quarter of 2023, in particular for EMV payment cards and SIM cards.

Geographically1, the order intake increased by 1% on an organic basis in mature markets and 237% in emerging markets, thanks in particular to the orders above 100 million in Indonesia and the Middle East mentioned above.

At 1,003 million (compared with 1,199 million in the first quarter of 2023), the order intake in the Aerospace segment fell by 13% on an organic basis, with the good performance of aeronautics (which maintained double-digit organic growth) being hidden by a high comparison base in the space segment, which recorded two major contracts in the first quarter of 2023.

At 3,122 million, compared with 1,371 million in the first quarter of 2023, the order intake in the Defence & Security segment was up 127% on an organic basis, benefiting from four orders in excess of 100 million for a total of 1.6 billion, and strong orders between 10 million and 100 million. Only one order in excess of 100 million was recorded in the first quarter of 2023.

Order intake in the Digital Identity and Security segment was, as in every quarter, very close to sales, as most of the activities in this segment operate on short cycles.

Sales Sales for the first quarter of 2024 reached 4,421 million, compared with 4,026 million in the first quarter of 2023, up 9.8% on a reported basis and up 7.9% at constant scope and exchange rates, including exchange rates and scope effects of - 17 million and 99 million respectively.

From a geographical perspective1, growth was driven by mature markets, which recorded organic growth of 8.1%, due in particular to strong dynamics in France ( 15.5%), the United Kingdom ( 9.0%) and Australia ( 11.2%). Emerging markets posted organic growth of 7.0% over the period.

In the Aerospace segment, sales amounted to 1,182 million, up 5.1% compared to the first quarter of 2023 at constant scope and exchange rates. This increase was due to the good momentum in the Aeronautics business, and in particular the original equipment business in civil aeronautics, which continued to post double-digit growth. Space activities rose slightly in the first quarter, in line with expectations for FY 2024.

Sales in the Defence & Security segment reached 2,305 million, up 13.4% compared to the first quarter of 2023 at constant scope and exchange rates, in line with the organic growth objective for the whole year.

In the Digital Identity and Security segment, sales amounted to 916 million, down -2.5% at constant scope and exchange rates compared to the first quarter of 2023, with contrasting trends: the EMV payment cards and SIM cards businesses were down compared to a very high basis for comparison in the first quarter of 2023, while digital activities are in line with expectations for the full year. The increase in reported data ( 12.0%) includes a positive scope effect of 130 million following the consolidation of Tesserent since October 1, 2023 and Imperva since December 4, 2023. The transfer of civil cybersecurity activities from the Defence and Security segment to the Digital Identity and Security segment is not considered as a change in scope, as the accounts for the first quarter of 2023 have been restated to reflect this transfer.

1 See table on page 5.

Outlook Order intake and sales for the first quarter of 2024 are in line with expectations. In
LINK: https://www.thalesgroup.com/en/group/investors/press_release/thales-re...
See more stories from thales

Most recent headlines

09/11/2025

Dalet Unveils Agentic AI Media Workflows at IBC2025

Dalet today announced a transformative leap forward for media operations: Agentic Artificial Intelligence (AI) that unifies the Dalet ecosystem under one natura...

21/10/2025

Grup Mediapro to Deliver Prime Video NBA Coverage to the Hispanic Market

As Amazon's Prime Video prepares to launch its coverage of NBA basketball under a major new deal, Grup Mediapro has announced that it is working with the st...

21/10/2025

ADTH to Upgrade NextGen TV Receivers With Gateway Capabilities

ATLANTA Good news for consumers using an Atlanta DTH receiver to watch ATSC 3.0: with a new software update, they will be able to blanket their homes with Wi-Fi...

21/10/2025

Study: 'More Critical Than Ever for Brands to Focus on Hispanics

While recent news has been heavily focused on Hispanic migration into the U.S., The 2025 Hispanic Market Report from Claritas highlights the fact that this gr...

21/10/2025

RWS Appoints Michael Wayne as Head of Media and Entertainment

MAIDENHEAD, UK RWS has hired Michael Wayne as its head of media and entertainment in Los Angeles where he will lead the company's media localization busines...

21/10/2025

Imagine Communications Acquires Pixel Power From Rohde an...

Imagine Communications and Rohde & Schwarz today announced a definitive agreement under which Imagine will acquire Pixel Power Limited, a wholly owned subsidiar...

21/10/2025

ADTH Announces New NEXTGEN TV Gateway Receiver Implementi...

Atlanta DTH (ADTH) today announced a major update that will expand the functionality of its NEXTGEN TV receiver by enabling gateway capabilities allowing viewer...

21/10/2025

Heartland Video Systems Partners with Zixi for Resilient...

Heartland Video Systems, Inc. (HVS), a premier video systems integration, consulting, and expert ATSC 3.0 implementation firm announces that it has partnered wi...

21/10/2025

QuickLink Appoints Austin Hinton as Solutions Enablement...

QuickLink, the leading provider of award-winning video production and remote guest integration solutions, today announced the appointment of Austin Hinton as it...

21/10/2025

Miri Technologies to Unveil New Resilient Internet Platfo...

nternet connectivity startup Miri Technologies Inc. will use this week's NAB Show New York as the launch pad for its latest ground-breaking innovation, the ...

20/10/2025

Inside TAMS: How Time-Addressable Media Stores Could Redefine Sports Workflows

Inside TAMS: How Time-Addressable Media Stores could redefine sports workflows By Paul Markham Friday, October 17, 2025 - 08:57 Print This Story A penalty...

20/10/2025

Transformational Production: Inside TVN's Remote Production Push for the DFL's Bundesliga 2

Transformational production: Inside TVN's remote production push for the DFL...

20/10/2025

How NBC Sports Transitioned Stamford Facility to One Format: 1080p HDR

How NBC Sports Transitioned Stamford Facility to One Format: 1080p HDRMulti-year plan harmonizes workflows, simplifies operationsBy Ken Kerschbaumer, Editorial ...

20/10/2025

NBA on NBC' Studio Production Team Is Ready for Tip-Off With Coast-to-Coast Tuesday'

NBA on NBC' Studio Production Team Is Ready for Tip-Off With Coast-to-Coast...

20/10/2025

Under Pressure: TVN CEO Markus Osthaus Considers the German Sports Broadcasting Market

Under pressure: TVN CEO Markus Osthaus considers the German sports broadcasting ...

20/10/2025

Carmen Emmi's Plainclothes Evokes the Rawness and Sensuality of New Queer Cinema

(L-R) Maria Dizzia, Carmen Emmi, and Russell Tovey attend the Plainclothes pre...

20/10/2025

Search and Follow Your Favorite Venues on Spotify

In March, we launched Concerts Near You to help listeners find concerts from their favorite artists. Since then, more than 3 million people have used it to disc...

20/10/2025

Arte Preta Brasileira Destaque No Dia AMPLIFIKA 2025

Em diversas cidades do Brasil, um movimento tem se fortalecido para celebrar o poder, a beleza e a profundidade da criatividade negra. O Dia AMPLIFIKA, agora em...

20/10/2025

Black Brazilian Artistry Takes Center Stage During AMPLIFIKA Day 2025

In cities across Brazil, a movement is growing that celebrates the power, beauty, and depth of Black creativity. AMPLIFIKA Day, now in its fifth edition, return...

20/10/2025

The Republic of Korea Selects L3Harris for Airborne Early Warning and Control Aircraft Program

Airborne Early Warning and Control aircraft rendering...

20/10/2025

Imagine Communications Acquires Pixel Power From Rohde & Schwarz

DENVER and MUNICH Imagine Communications today announced its plans to acquire Pixel Power Ltd., a wholly owned subsidiary of Rohde & Schwarz. Financial terms of...

20/10/2025

Globecast Appoints G Morgan as EVP of Sales, Globecast Americas

LOS ANGELES G Morgan has joined Globecast, a provider of broadcast, media and entertainment managed services, as executive vice president of sales, Globecast Am...

20/10/2025

Heartland Video Systems, Zixi Partner on IP Networking for Broadcasters

PLYMOUTH, Wisc. Heartland Video Systems and Zixi have partnered to enable broadcast-quality live video delivery over any IP network....

20/10/2025

A. R. Rahman on Facing Fear and Finding the Divine

A. R. Rahman on Facing Fear and Finding the Divine In an interview with Berklee President Jim Lucchese, the Oscar-winning composer reflects on how courage and...

20/10/2025

Sky unveils thrilling trailer of Original film Nuremberg, starring Russell Crowe, Rami Malek and Michael Shannon

Monday 20 October 2025 To view this content, please enable our use of cookies. ...

20/10/2025

Rohde & Schwarz transfers Pixel Power to Imagine Communications

Rohde & Schwarz transfers Pixel Power to Imagine Communications Companies work collaboratively to ensure continuity and ongoing support for existing customers...

20/10/2025

RT Prime Time to host final Presidential Debate

RT 's Prime Time is set to host the final Presidential Election Debate this Tuesday night, October 21, providing an opportunity to hear directly from Irelan...

20/10/2025

NVIDIA and Google Cloud Accelerate Enterprise AI and Industrial Digitalization

NVIDIA and Google Cloud are expanding access to accelerated computing to transform the full spectrum of enterprise workloads, from visual computing to agentic a...

19/10/2025

Sins of Kujo' Comes to Life in New Live-Action Series Set for Spring 2026

Back to All News Sins of Kujo' Comes to Life in New Live-Action Series Set for Spring 2026 Entertainment 19 October 2025 GlobalJapan Link copied to cl...

18/10/2025

NESN Taps Harmonic for Primary Live Sports Distribution

New England Sports Network (NESN) has chosen Harmonic, working with Astound Business Solutions, as its enterprise technology partner to transform primary distri...

18/10/2025

DirecTV Launches Gray's Gulf Coast Sports & Entertainment Network

NEW ORLEANS, La. In the run-up to the start of the NBA season, WVUE-TV and Gray Local Media have announced a deal with DirecTV that will greatly expand access t...

18/10/2025

Berklee Celebrates 40 Years of the Fall Together Concert

Berklee Celebrates 40 Years of the Fall Together Concert Faculty composers Bob Pilkington and Greg Hopkins are among the featured artists for this year's ...

17/10/2025

NEP Group Receives New Equity Investment From 26North Partners LP, Co-Investors

NEP Group Receives New Equity Investment From 26North Partners LP, Co-InvestorsCarlyle remains the largest shareholder as the company prepares for the futureBy ...

17/10/2025

Apple Lands Five-Year Deal for F1 Distribution in the U.S.

Apple Lands Five-Year Deal for F1 Distribution in the U.S.Besides airing on Apple TV, the sport will be amplified on other Apple servicesBy Ken Kerschbaumer, Ed...

17/10/2025

SVG Sit-Down: Marshall Electronics' Bernie Keach on the Future of PTZ Cameras

SVG Sit-Down: Marshall Electronics' Bernie Keach on the Future of PTZ Camera...

17/10/2025

L2 Productions' REMI Facility in Austin Can Produce Content From Anywhere

L2 Productions' REMI Facility in Austin Can Produce Content From AnywhereMusic festivals, sports events are produced via flypacks and remote control roomsBy...

17/10/2025

Give Me the Backstory: Get to Know Sarah Dowland, the Filmmaker Behind Sue Bird: In The Clutch

By Lucy Spicer One of the most exciting things about the Sundance Film Festival...

17/10/2025

Cooper Raiff Returns to the Sundance Film Festival With His Independent Series Hal & Harper

(L-R) Christopher Meyer, Addison Timlin, Cooper Raiff, Lili Reinhart, Alyah Chan...

17/10/2025

Ferramenta de arte da capa de playlists do Spotify chega ao Brasil com uma noite de autoexpresso

M sica e arte se uniram em uma noite especial na semana passada na ZIV Gallery, ...

17/10/2025

Spotify's Custom Playlist Cover Art Tool Arrives in Brazil With a Night of Self-Expression

Music and art came together for one special night last week at ZIV Gallery, an i...

17/10/2025

Spotify and FC Barcelona Extend Partnership Through 2030

Spotify and FC Barcelona are extending our partnership through 2030, continuing a collaboration that's redefining how fans, players, and artists connect. Th...

17/10/2025

Sports Fishing Championship Deploys DigitalGlue Storage Platform

MURRIETA, Calif. The Sports Fishing Championship (SFC) has deployed DigitalGlue's creative.space storage platform to streamline video production by centrali...

17/10/2025

TV Ad Impressions for Football Spiked in Q3

BELLEVUE, Wash. Football continued to cement its reputation as a bulwark of TV advertising in Q3 2025 with new data from iSpot that showed both the NFL and coll...

17/10/2025

Reeling in the Chaos Sports Fishing Championship Simplifi...

The Sports Fishing Championship (SFC), the premier competitive saltwater fishing series, has transformed its production workflow by adopting creative.space, the...

17/10/2025

QuickLink Unveils StudioPro Version 4 With Major Enhancem...

QuickLink, a leading provider of award-winning multi-camera video productions and remote contribution solutions, announces the release of StudioPro Version 4, ...

17/10/2025

Westcoast Pixel dazzles with dynamic 3D video projections

Although the annual Grammy Awards celebration is best known for recognizing achievements in the recording industry, the show often proves a visual spectacle as ...

17/10/2025

Alex Dunfey Promoted to CTO at OpenDrives

OpenDrives, Inc., a leading provider of software-defined data storage and data services, has promoted Alex Dunfey to Chief Technology Officer (CTO) from his for...

17/10/2025

University of Arizona Scales Up Broadcast Capabilities Wi...

The University of Arizona (UofA) has significantly upgraded its broadcast communication infrastructure with the integration of Riedel Communications' advanc...

17/10/2025

NESN Redefines Regional Sports Video Delivery with Harmon...

Harmonic (NASDAQ: HLIT) today announced that New England Sports Network (NESN), owned by Fenway Sports Group and Delaware North, has selected Harmonic as its en...