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Thales (Euronext Paris: HO) reported today its order intake and sales for the period ending 30 September 2021.
Thanks to its teams mobilising all over the world, Thales has had very good commercial momentum over the first nine months of 2021, with order intake up by more than 25% and sales up by 6%.
We confirm all our full year financial targets. The slight decrease in sales in the third quarter is due to a high basis of comparison: Q3 2020 benefited from the rebound of activity following the end of the first Covid-19-related lockdowns in Q2 2020.
In parallel, we are continuing to implement the proposed sale of our rail transport business. This important strategic move will enable us to focus on the development of three major long-term growth businesses in which Thales holds leadership positions: Aerospace, Defence & Security, and Digital Identity & Security.
Patrice Caine, Chairman and Chief Executive Officer
Order intake: 10.7 billion, up 28% on an organic basis1 (total change: 27%)
Sales: 11.2 billion, up 6.2% on an organic basis (total change: 5.7%)
Confirmation of all 2021 financial objectives
As announced on 4th August 2021, following the launch of exclusive negotiations with Hitachi Rail for the disposal of the Ground Transportation Systems business, the Transport operating segment is now treated as discontinued operations (IFRS 5 standard). All values that appear in this press release therefore exclude the Transport business, both in 2020 and in 2021.
Order intake (in millions) 9m 2021 9m 2020 Total change Organic change
Aerospace 3,676 2,268 62% 63%
Defence & Security 4,826 3,853 25% 24%
Digital Identity & Security 2,105 2,227
-5% -3%
Total - operating segments 10,607 8,348 27% 28%
Other 49 27
Total 10,656 8,375 27% 28%
Mature markets2 8,669 6,426
35%
35%
Emerging markets3 1,987 1,949 2%
4%
Sales (in millions) 9m 2021 9m 2020 Total change Organic change
Aerospace 3,108 2,898 7.3% 8.1%
Defence & Security 5,948 5,469 8.8% 7.9%
Digital Identity & Security 2,105 2,201
-4.3% -1.3%
Total - operating segments 11,161 10,567 5.6% 6.1%
Other 61 46
Total 11,222 10,613 5.7% 6.2%
Mature markets4 8,501 7,911
7.5%
7.5%
Emerging markets5 2,720 2,702 0.7%
2.5%
We are pleased to invite you to participate to this Conference Call or Webcast, in English, on:
Tuesday, 26th October, 2021 at 8:30 AM (CET)
Dial-in the following numbers:
Telephone conference numbers and confirmation code
Dial in details:
Standard international: 44 (0) 2071 928338
France, Paris (Local): 33 (0) 170700781
France (FreeCall): 0805101465
United Kingdom (Local): 44 (0) 8444819752
United Kingdom (FreeCall): 08002796619
United States, New York (Local): 16467413167
United States (FreeCall): 18778709135
Confirmation Code: 2291385
It will be also possible to follow the conference call through a Webcast by using the following link:
https://edge.media-server.com/mmc/p/2n7i8jxh
If you are unable to listen to the call, please find below the REPLAY Dial in details:
26/10/2021 14:00 CET - 02/11/2021 14:00 CET
- France: 33 (0)1 70 95 03 48
- Standard International: 44 (0) 3333009785
- Confirmation Code: 2291385
Organic means at constant scope and currency. See note on methodology and calculation in press release
3 , 4 , 5 Mature markets: Europe, North America, Australia, New Zealand. Emerging markets: all other countries.
Documents
Thales reports its order intake and sales at 30 September 2021 - Press release - 26 October 2021
Thales - 9m 2021 slideshow - 26 October 2021
Contact
C dric Leurquin
33 (0)1 57 77 86 26 cedric.leurquin@thalesgroup.com
Bertrand Delcaire - Thales, Analysts/Investors
33 (0)1 57 77 89 02 ir@thalesgroup.com
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