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Thales (Euronext Paris: HO) reported today its order intake and sales for the period ending 30 September 2023.
Our results for the first nine months of 2023 are fully in line with full year 2023 guidance.
The Group recorded organic growth in sales in all its businesses in the first nine months of the year, despite the expected slowdown in the Digital Identity & Security operating segment in the third quarter. The recovery in civil avionics continued and the outlook for growth remains robust for the Defense & Security segment.
In addition, the Group pursued its profitable growth strategy, announcing the acquisition of Imperva at the end of July, with the aim of creating a global leader in cybersecurity.
We are also very pleased to have joined the CAC SBT 1.5 climate index - a new step that confirms the relevance of our CSR strategy.
We are confident that we will achieve our annual financial targets thanks to our teams' unwavering commitment. Patrice Caine, Chairman & Chief Executive Officer
Order intake: 12.4 billion, down 18% on an organic basis1 (total change: -20%)
Sales: 12.9 billion, up 7.5% on an organic basis (total change: 4.5%)
Confirmation of 2023 guidance:
Book-to-bill ratio above 1
Organic sales growth between 5% and 7%2
EBIT margin between 11.5% and 11.8%
We are pleased to invite you to participate in this conference call (or webcast), in English, on:
Tuesday, October 31, 2023 at 8:30 AM (CET)
Using the following link, you will be able to register, get your personal PIN and choose the most convenient method of connection: list of dial-in numbers or a call me option, by entering your phone number.
https://register.vevent.com/register/BI2762c8d9b18d41a6931e6995d8fbe388
It will also be possible to follow the conference call through a webcast by using the following link:
https://edge.media-server.com/mmc/p/m6yxr2vf
If you are unable to listen to the call, you can use the webcast link above, 1 hour after the event. The recording will be available for a year.
Notes
[1] Organic means at constant scope and currency. See note on methodology and calculation in press release
[2] Corresponding to 17.9 billion to 18.2 billion based on July 2023 scope and exchange rates.
[3] Mature markets : Europe, North America, Australia, New Zealand. Emerging markets : all other countries. See table on page 6 of the press release.
Documents
Thales reports its 9m 2023 order intake and sales - Press release - 31 October 2023
Thales - Q3 2023 - slideshow - 31 October 2023
Contact
C dric Leurquin
33 (0)1 57 77 86 26 cedric.leurquin@thalesgroup.com
Alexandra Boucheron - Thales, Analysts/Investors
33 (0)6 62 07 87 72
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