Paris, 26 February 2020 – Thales’s Board of Directors (Euronext Paris: HO) met on 25 February 2020 to review the 2019 financial statements.
“Thanks to the commitment of its 80,000 employees, Thales ended 2019 with a commercially very dynamic fourth quarter. The booking of 12 projects over €100 million in the last quarter drove us significantly above our order intake objective. After recording growth above 5% in the past three years, sales slowed down due to the commercial Space market downturn and an exceptionally high basis of comparison in Transport. EBIT and adjusted net income were up 19%, boosted by the smooth integration of Gemalto.
Our roadmap between now and 2023 remains unchanged. We are focused on generating profitable growth sustainably.
In a global 2020 environment with several uncertainties, Thales’s business model, which is both balanced and resilient, is more than ever creating value.” Patrice Caine, Chairman and Chief Executive Officer
Click HERE for the full Press release