Business description: Thales

Thales is one of the European leaders in manufacturing and marketing of electronic equipment and systems for the aerospace, defense and security sectors. Net sales break down by product group as follows:

- defense and security systems (53.3%): C4I defense and security systems (control and monitoring systems, communication, protection, cyber-security, and other systems), defense mission systems, naval systems, electronic war systems, drones, air operation systems (air defense, air surveillance), ground defense systems and missiles;

- aerospace systems (26.6%): avionics equipment (cockpit, cabin multimedia, and simulation equipment), space systems (satellites, payloads, etc.);

- digital identification and security solutions (19.9%);

- other (0.5%).

Besides, the group owns a 35% stake in Naval Group (manufacture of naval equipment for defense and nuclear energy sectors).

Net sales are distributed geographically as follows: France (28.8%), the United Kingdom (6.6%), Europe (25.1%), North America (14.2%), Australia and New Zealand (4.6%) and other (20.7%).

Number of employees: 80,605

Sales by Activity: Thales

Fiscal Period: December20202021202220232024

Defence (Excluding of Digital I&S)

8.37B 8.96B 9.52B 10.18B 11.32B

Aerospace

4.31B 4.55B 4.81B 5.34B 5.64B

Cyber & Digital

3.02B 3.03B 3.68B 3.42B 4.15B

Other

-333M -358M -440M -514M -528M

Transport

1.62B - - - -
See all business segments

Geographical breakdown of sales: Thales

Fiscal Period: December20202021202220232024

France

4.23B 4.54B 4.83B 5.44B 5.93B

Rest of Europe

4.02B 3.72B 4.1B 4.58B 5.16B

North America

1.95B 1.95B 2.42B 2.58B 2.92B

Asia

2.31B 2.06B 2.07B 1.73B 1.98B

United Kingdom

1.18B 940M 1.02B 1.21B 1.36B

Near and Middle East

1.2B 1.08B 1.19B 1.11B 1.21B

Rest of The World

1.1B 901M 991M 974M 1.09B

Australia and New Zealand

990M 994M 958M 812M 940M
See all geographic segments

Executive Committee: Thales

Manager TitleAgeSince
Chief Executive Officer 55 22/12/2014
Director of Finance/CFO 65 31/03/2012
Chief Operating Officer 56 30/09/2023
Chief Tech/Sci/R&D Officer 51 -
Chief Tech/Sci/R&D Officer - 27/01/2016
See THALES governance

Composition of the Board of Directors: Thales

Director TitleAgeSince
Director/Board Member 71 15/02/2010
Director/Board Member 65 18/05/2009
Director/Board Member 65 15/02/2010
Director/Board Member 75 14/05/2012
Chairman 55 22/12/2014
Director/Board Member 75 16/09/2013
Director/Board Member 60 11/09/2016
Director/Board Member 56 05/05/2021
Director/Board Member 64 29/01/2018
Director/Board Member 56 05/05/2021
Composition of the Board of Directors

Shareholders: Thales

NameEquities%Valuation
Government of France
26.6 %
54,788,714 26.6 % 16 053 M €
26.59 %
54,750,000 26.59 % 16 041 M €
Thales SA Employees Stock Ownership Plan
3.185 %
6,558,307 3.185 % 1 922 M €
Rathbones Asset Management Ltd.
0.3437 %
707,904 0.3437 % 207 M €
0.3053 %
628,731 0.3053 % 184 M €
NameEquities%Valuation
Valicenti Advisory Services, Inc.
0.005416 %
55,768 0.005416 % 3 M €
Financially Speaking, Inc.
0.003548 %
36,536 0.003548 % 2 M €
RhumbLine Advisers LP
0.001055 %
10,865 0.001055 % 636 667 €
GAMMA Investing LLC
0.000224 %
2,310 0.000224 % 135 361 €
NBC Securities, Inc.
0.000014 %
146 0.000014 % 8 555 €
List of THALES shareholders

Holdings: Thales

NameEquities%Valuation
628,731 0.31% 184,213,763 $

Company details: Thales

Thales SA

4, rue de la Verrerie Meudon

92189, Paris

+33 1 57 77 80 00

http://www.thalesgroup.com
address Thales(HO)

Group companies: Thales

NameCategory and Sector
Specialty Telecommunications
Thales Alenia Space Schweiz AG
Electronic Equipment/Instruments
Aerospace & Defense
Miscellaneous Commercial Services
See all subsidiaries

Satellite Design & Manufacture

Change 5d. change 1-year change 3-years change Capi.($)
+0.68%-0.24%+63.29%+103.74% 59.2B
+1.02%+1.96%+198.73%+327.57% 13.79B
+0.07%-0.22%+37.45%+45.58% 4.58B
+1.18%-0.90%+55.92%+36.73% 3.73B
+1.27%+3.14%+40.31% - 2.08B
-0.90%+6.27%+202.08%+39.42% 2.01B
-0.56%-8.31%+61.19%+104.64% 1.58B
-2.12%-5.88% - - 921M
+2.97%+4.39%+103.49%-6.91% 901M
+2.98%-0.07%+228.07%+145.92% 729M
Average +0.66%-1.04%+110.06%+99.59% 8.95B
Weighted average by Cap. +0.67%+0.32%+87.06%+131.16%
See all sector performances
Trading Rating
Investor Rating
ESG MSCI
BBB
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
248.80EUR
Average target price
273.21EUR
Spread / Average Target
+9.81%
Consensus

Quarterly revenue - Rate of surprise