A resilient set of results (in line with consensus), thanks to the diversification of its activity as well as cost-containment measures. A return to normal productivity is expected by this summer, which should help the company to recover in most activities except for civil aero, where visibility on traffic remains low. Still, this should lead to a sharp rebound in both sales and EBIT in the second half of the year.
24 Jul 2020
Q2 20: significant headwinds in civil aero, but a rebound is expected elsewhere
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Q2 20: significant headwinds in civil aero, but a rebound is expected elsewhere
Thales SA (THAL:WBO) | 0 0 1.3% | Mkt Cap: 19,046m
- Published:
24 Jul 2020 -
Author:
Hugo Paternoster -
Pages:
3
A resilient set of results (in line with consensus), thanks to the diversification of its activity as well as cost-containment measures. A return to normal productivity is expected by this summer, which should help the company to recover in most activities except for civil aero, where visibility on traffic remains low. Still, this should lead to a sharp rebound in both sales and EBIT in the second half of the year.