Thales (THLEF.PK) reported that its sales for the first nine months of 2024 was 14.1 billion euros, up 6.2% on an organic basis, or an increase of 9.4% total. Order intake was 15.55 billion euros, up 23% on an organic basis compared with the first nine months of 2023, or up 26% total. Looking forward, the Group confirmed 2024 targets, which include: an organic sales growth between 5% and 6%; and EBIT margin in a range of 11.7% to 11.8%.
"The Defence business enjoyed unparalleled visibility thanks to emblematic long-termcontracts. Avionics was driven by the recovery in air traffic and solid growth prospects. The cybersecurity and biometrics businesses benefited from a robust environment," said Patrice Caine, CEO.
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December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.