Q1 2019 order intake and sales - 30 April 2019
Thales (Euronext Paris: HO) announced today its order intake and sales for the first quarter of 2019.
Patrice Caine, Chairman and Chief Executive Officer, commented:
“Sales and order intake for the first quarter of 2019 are in line with our expectations. Predictably, order intake is lower than in Q1 2018, which was exceptionally high thanks to the booking of OneSKY, an €855m jumbo contract in Australia. The decline in sales is due to a high basis of comparison in each of our operating segments. We confirm all our financial objectives for 2019.”
- Solid order intake: €2.3 billion, up 4% excluding impact of OneSKY jumbo order in Australia, worth €855m (down 25% on a reported basis)
- Sales: €3.4 billion, down 2.0% on an organic basis [1] (down 1.5% on a reported basis)
- All financial objectives confirmed
Order intake, in € millions |
Q1 2019 |
Q1 2018 |
Total change |
Organic change |
Aerospace |
672 |
751 |
-11% |
-12% |
Transport |
249 |
488 |
-49% |
-49% |
Defence & Security |
1,335 |
1,782 |
-25% |
-24% |
Other |
16 |
11 |
|
|
Total |
2,273 |
3,032 |
-25% |
-25% |
Sales, in € millions |
|
|
|
|
Aerospace |
1,221 |
1,285 |
-5.0% |
-6.5% |
Transport |
398 |
386 |
+3.1% |
+1.3% |
Defence & Security |
1,722 |
1,729 |
-0.4% |
+0.2% |
Other |
21 |
11 |
|
|
Total |
3,361 |
3,412 |
-1.5% |
-2.0% |
Of which mature markets [2] |
2,439 |
2,463 |
-1.0% |
-1.2% |
Of which emerging markets [2] |
922 |
949 |
-2.8% |
-4.0% |
Notes
[1] “Organic” means “at constant scope and currency”. See note on methodology on page 27 of the 2018 registration document
[2] Mature markets: Europe, North America, Australia, New Zealand. Emerging markets: all other countries.