Thales published a sound set of results for 2018, broadly in line with expectation and having reached all its goals for the year. Order intake was up 7%, thanks to strong momentum in Defense & Security. Sales were up 4%, in line with the consensus and within the guidance range. EBIT was up 23%, slightly above the higher range of the guidance, thanks to increasing profitability across all segments. By division: Aerospace revenues grew by +1.4% Transport was up by +17.9% Defense & Secur

26 Feb 2019
Sound report

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Sound report
Thales SA (THAL:WBO) | 0 0 1.3% | Mkt Cap: 19,046m
- Published:
26 Feb 2019 -
Author:
Hugo Paternoster -
Pages:
3 -
Thales published a sound set of results for 2018, broadly in line with expectation and having reached all its goals for the year. Order intake was up 7%, thanks to strong momentum in Defense & Security. Sales were up 4%, in line with the consensus and within the guidance range. EBIT was up 23%, slightly above the higher range of the guidance, thanks to increasing profitability across all segments. By division: Aerospace revenues grew by +1.4% Transport was up by +17.9% Defense & Secur