OREANDA-NEWS. Thales is today releasing its order intake and sales for Q1 2016. Patrice Caine, Chairman & Chief Executive Officer, commented: “Business over the first few months of 2016 confirmed the acceleration of Thales’s sales momentum, which was first witnessed last year, with organic growth in sales of over 7%. Order intake is in line with our expectations. It is logically lower than in Q1 2015 when the Group recorded the Egyptian Rafale contract.”
 
  • Order intake in line with expectations: €2.3 billion, down 18%
  • Sales: €2.7 billion, representing organic growth of 7.3%
  • Confirmation of all financial objectives
 
Order intake, € million Q1 2016 Q1 2015 Total change Organic change
Aerospace 1,030 782 +31% +32%
Transport 231 462 -50% -50%
Defence & Security 1,029 1,566 -34% -34%
Other 22 13    
Total 2,312 2,823 -18% -17%
Sales, € million        
Aerospace 1,067 1,081 -1.3% -0.9%
Transport 260 234 +11.3% +13.8%
Defence & Security 1,384 1,244 +11.3% +13.2%
Other 20 18    
Total 2,732 2,576 +6.1% +7.3%
Of which mature markets 1,959 1,938 +1.1% +2.5%
Of which emerging markets3 773 638 +21.2% +21.8%