Thales reports its Q1 2022 order intake and sales

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Thales (Euronext Paris: HO) today announced its order intake and sales for the first quarter of 2022.

Q1 2022 sales and order intake are in line with our expectations. Order intake is logically lower than in Q1 2021, which included four large contracts worth more than 100 million each. The strong dynamics of our space and DIS businesses offset the slight decline in Defense & Security revenues, which is only due to a high basis of comparison. Despite supply chain tensions and uncertainties about the strength of air traffic recovery, we are confirming all our financial targets for 2022.

Patrice Caine, Chairman and Chief Executive Officer

Order intake: 3.0 billion, down 4% (-6% on an organic basis1 )

Sales: 3.7 billion, up 4.4% ( 2.7% on an organic basis)

All financial objectives confirmed

Order intake

in millions

Q1 2022

Q1 2021

Total

change

Organic

change

Aerospace

1,182

998

19%

17%

Defense & Security

1,100

1,513

-27%

-29%

Digital Identity & Security

739

636

16%

12%

Other

12

10

NM

NM

Total

3,033

3,157

-4%

-6%

Of which mature markets2

2,566

2,409

7%

5%

Of which emerging markets2

466

748

-38%

-39%

Sales

in millions

Q1 2022

Q1 2021

Total

change

Organic

change

Aerospace

1,025

971

5.6%

4.2%

Defense & Security

1,950

1,949

0.0%

-1.1%

Digital Identity & Security

739

636

16.1%

12.0%

Other

15

16

NM

NM

Total

3,730

3,573

4.4%

2.7%

Of which mature markets2

2,951

2,756

7.1%

5.4%

Of which emerging markets2

779

817

-4.7%

-6.3%

It is possible to see the conference call through a webcast by using the following link:

https://edge.media-server.com/mmc/p/k68g8tmz

This replay will remain available for 12 months.

If you were unable to listen to the call, please find below the REPLAY Dial in details:

28/04/2022 14:00 CET - 05/05/2022 14:00 CET

France: 33 (0)1 70 95 03 48

International number: 44 (0) 3333009785

Confirmation Code: 3213397

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.

Documents

Thales reports its Q1 2022 order intake and sales - Press release - 28 April 2022

Thales reports its Q1 2022 order intake and sales - slideshow - 28 April 2022

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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