Q1 2016 order intake and sales

Group
Investor relations

Type Press release
Published 04 May 2016

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%[1]
Sales: €2.7 billion, representing organic growth[2] 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[3]	1,959	1,938	+1.1%	+2.5%
Of which emerging markets³	773	638	+21.2%	+21.8%

We are pleased to invite you to participate in our conference call in English:

Wednesday, 4 May 2016 at 8:30 am (CET)
Dial-in number from France: + 33 (0) 1 70 77 09 43
International dial-in number: + 44 (0) 203 367 94 59.

It will be also possible to follow the conference call through a webcast by using the following link: http://edge.media-server.com/m/p/zuacn8cj.

If you are unable to listen to the call live, a digital replay will be available a few hours after the end of the conference call and will remain available for 90 days. To access the replay, please dial +33 (0) 1 72 00 15 00 or +44 (0) 203 367 94 60 (code 300888#).

[1] Q1 2015 benefited from the recognition of a “jumbo” contract (unit value over €500 million): Egypt’s order of 24 Rafale fighter jets [2] In this press release, “organic” means “at constant scope and exchange rates” [3] Mature markets: Europe, North America, Australia, New Zealand; emerging markets: all other countries.