h1. Headline figures Thales posted a record order intake at €18.9bn, up 31% from 2014. Thales, most importantly, returned to organic growth for the first time since 2009. Sales grew 8% to €14.1bn, up 4.5% at constant scope and currency. EBIT also exceeded guidance and consensus expectations at €1,216m, up 23% from the €985m, and resulting in an EBIT margin of 8.6%, up from 7.6% in 2014. As a result, the adjusted net income was up 44% to €809m. In addition, FOCF double
29 Feb 2016
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Thales SA (THAL:WBO) | 0 0 1.3% | Mkt Cap: 19,046m
- Published:
29 Feb 2016 -
Author:
Thomas Picherit -
Pages:
2
h1. Headline figures Thales posted a record order intake at €18.9bn, up 31% from 2014. Thales, most importantly, returned to organic growth for the first time since 2009. Sales grew 8% to €14.1bn, up 4.5% at constant scope and currency. EBIT also exceeded guidance and consensus expectations at €1,216m, up 23% from the €985m, and resulting in an EBIT margin of 8.6%, up from 7.6% in 2014. As a result, the adjusted net income was up 44% to €809m. In addition, FOCF double