Thales S.A. - Unsponsored ADR (THLLY)
Thales S.A. (THLLY) Q4 2025 Earnings Call Transcript
Thales S.A. (THLLY) Q4 2025 Earnings Call Transcript
Thales Eyes Further Growth as Europe Primes Fresh Cash for Defense
The group booked further growth in sales last year, with its top up 8% on record defense division orders.
Thales S.A.: Solid Defense And Avionics Growth Solidify Margin Forecast
Thales is collaborating with Dassault Aviation on the Rafale, which continues to see orders and deliveries supporting defense, in addition to broad-based European spending. Avionics is supporting aerospace, and there is a plan to get synergies out of the space business in a three-way J.V project. Cyber and digital are seeing some recovery, and digital identity is doing alright to help offset destocking pressures.
Defense giants Airbus, Thales and Leonardo announce space merger to rival Elon Musk's Starlink
The new company could be operational as early as 2027, pending regulatory approvals. Airbus will be the majority owner of the new joint venture with a 35% stake, and Leonardo and Thales will each hold a 32.5% stake in the new company.
Airbus, Leonardo, Thales to Launch Space Tie-Up to Compete With Musk's SpaceX
The aerospace and defense giants plan to pool their space activities into a new company aimed at strengthening Europe's strategic autonomy.
Thales posts 9% higher 9-month sales and orders, keeps targets
Aerospace group Thales reaffirmed financial targets on Thursday as it posted higher than expected nine-month revenues and new orders, led by defence spending and demand for avionics.
Thales Logs Higher Orders as Defense Business Thrives
Orders were lifted by a growing defense business as Western nations seek to buttress their armies with missiles, ammunition and other military hardware.
Thales Stock: 88% Rally Fueled By Europe's Defense Boom, More Upside Ahead
Thales has surged 88% amid rising European defense budgets, autonomy, and renewed investor interest in security. H1 2025 results show sales up 8.1%, EBIT up 13.9%, and strong free cash flow, despite a 4% decline in order intake. The updated 2025 price target is $346.13 (12% upside), with the 2026 target at $384.19 (25% upside), supported by robust EBITDA and FCF growth.
Thales: A Secure Bet On Security
I rate Thales S.A. a Strong Buy due to robust growth prospects fueled by rising cybersecurity, digital identity, and defense demand amid favorable macroeconomic trends. Recent financials show improved operational efficiency, resilient margins, and a strong balance sheet, despite a temporary net income dip from nonrecurring events. Valuation remains attractive versus peers, with DCF analysis indicating significant upside potential for long-term investors seeking undervalued opportunities.
Thales S.A. (THLEF) Q2 2025 Earnings Call Transcript
Thales S.A. (OTCPK:THLEF) Q2 2025 Earnings Conference Call July 23, 2025 2:30 AM ET Company Participants Alexandra Baubigeat Boucheron - VP & Head of IR Pascal Bouchiat - Senior EVP of Finance & Information Systems and CFO Patrice Caine - Chairman & CEO Conference Call Participants Benjamin Michael Heelan - BofA Securities, Research Division Chloe Lemarie - Jefferies LLC, Research Division Christophe Menard - Deutsche Bank AG, Research Division David Howard Perry - JPMorgan Chase & Co, Research Division Herve Drouet - CIC Market Solutions (ESN), Research Division Olivier Brochet - Redburn (Europe) Limited, Research Division Ross Law - Morgan Stanley, Research Division Operator Good morning, ladies and gentlemen, and thank you for standing by.
Thales raises 2025 sales growth forecast on strong defence demand
French defence and aerospace group Thales raised its 2025 sales growth forecast on Wednesday after posting higher first-half sales and profit amid higher military spending in Europe.
Kongsberg and Thales form defence communications joint venture
Norway's Kongsberg Gruppen and France's Thales said on Friday they would establish a joint venture in Norway combining their defence communications businesses.
