Thales’s Board of Directors (Euronext Paris: HO) met on 25 February 2019 to examine the 2018
“Thanks to the commitment of its 66,000 employees, 2018 has been an excellent year for Thales.
Order momentum stepped up in the fourth quarter, enabling order intake to reach €16 billion
and exceed the annual objective. For the third year running, organic sales growth exceeded 5%,
driven by an exceptional year in Transport and strong growth in the Defence & Security segment.
Operating profitability improved across all segments and reached 10.6%, a level never before
achieved by the Group.
Our action plan until 2021 is clear: to support profitable growth in the long term, we will
continue to roll out our operational performance initiatives and to strengthen our customercentric
culture while also continuing to step up our investments in innovation.
The integration of Gemalto, which we have been actively preparing for over a year, will, in the
coming weeks, consolidate our position as a global leader in digital security.
In an increasingly digital world, Thales’s business model, both robust and balanced, delivers
value more than ever.”
Patrice Caine, Chairman and Chief Executive Officer
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