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.