Order intake and sales at 30 September 2020
Thales (Euronext Paris: HO) announced today its order intake and sales for the period ending 30 September 2020.
Patrice Caine, Chairman & Chief Executive Officer, commented:
"After the unprecedented disruptions to Q2 2020 caused by the Covid-19 pandemic, sales in Q3 improved significantly thanks to the efforts of Thales teams worldwide. All business lines 鈥 with the exception of civil aeronautics 鈥 illustrated the Group's resilience in the face of this crisis. Unsurprisingly, civil aeronautics sales were down sharply in Q3, by around 45%.
Q3 order intake was in line with our expectations, and a number of large contracts, especially in defence and the space domain, are being finalised.
Against a backdrop of considerable economic and public health uncertainty, all the teams remain committed to implementing the global adaptation plan, which is expected to generate savings of some 鈧800 million in 2020. We confirm all our financial objectives for the year."
鈥 Order intake: 鈧9.2 billion, down 12% (-18% on an organic basis [1])
鈥 Sales: 鈧11.7 billion, down 5.6% (-10.5% on an organic basis)
鈥 Marked improvement in sales in Q3:
- Total organic change: -4.3% (-19.9% in Q2)
- Organic change excluding aeronautics: +1.5% (-14.8% in Q2)
鈥 All 2020 financial objectives confirmed
|
Order intake (in 鈧 millions) |
9 months |
9 months |
Total |
Organic change |
|
|
Aerospace |
2,268 |
2,625 |
-14% |
-13% |
|
|
Transport |
805 |
868 |
-7% |
-6% |
|
|
Defence & Security |
3,853 |
5,270 |
-27% |
-27% |
|
|
Digital Identity & Security |
2,227 |
1,621 |
n.m. |
-4% |
|
|
Other |
27 |
62 |
- |
- |
|
|
Total |
9,181 |
10,445 |
-12% |
-18% |
|
|
Sales (in 鈧 millions) |
|
||||
|
Aerospace |
2,898 |
3,787 |
-23.5% |
-23.3% |
|
|
Transport |
1,102 |
1,268 |
-13.1% |
-12.3% |
|
|
Defence & Security |
5,469 |
5,670 |
-3.6% |
-3.3% |
|
|
Digital Identity & Security |
2,201 |
1,631 |
n.m. |
-4.2% |
|
|
Other |
46 |
54 |
- |
- |
|
|
Total |
11,714 |
12,410 |
-5.6% |
-10.5% |
|
We are pleased to invite you to participate in our conference call in English:
Thursday,22 October 2020 at 8:30 am (CET)
Dial-in the following number from:
|
Standard international |
+44 (0) 2071 928338 |
|
United Kingdom (Local) United States, N.Y (Local) |
+44 (0) 8444 819752 +1 646741 3167 |
|
France, Paris |
+33 (0) 1 70 70 07 81 |
| + Passcode: to communicate to the operator |
5161688 |
It will be also possible to follow the conference call through a webcast by using the following link:
If you are unable to listen to the call live through the Webcast a replay will be available one hour after the end of the event, and will remain available for 12 months. To access the replay, please use the aforementioned link.
Note
[1] 鈥淥rganic鈥 means at constant scope and currency. See note on methodology on page 33 of the 2019 universal registration document, and calculation on page 7 of this press release