Thales: adjusted income up 40% in 2018
(CercleFinance.com) - Thales has published FY 2018 adjusted net income, group share that is up 40% at 1,178 million euros, with operating profit (EBIT) that is up 23% (+25% in organic terms) at 1,685 million euros, exceeding all its annual targets.
The electronics group for transport, defense and security's revenues reached 15.86 billion euros, up 4.1% (+5.3% in organic terms), while its order intake came to 16 billion euros, up 7% (+9% in organic terms).
Thales will propose a dividend that is up 19% at 2.08 euros per share and aims to report organic sales growth of between 3% and 4% in 2019, with EBIT of between 1,780 million and 1,800 million euros. The company expects to finalise its acquisition of Gemalto in March 2019.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
The electronics group for transport, defense and security's revenues reached 15.86 billion euros, up 4.1% (+5.3% in organic terms), while its order intake came to 16 billion euros, up 7% (+9% in organic terms).
Thales will propose a dividend that is up 19% at 2.08 euros per share and aims to report organic sales growth of between 3% and 4% in 2019, with EBIT of between 1,780 million and 1,800 million euros. The company expects to finalise its acquisition of Gemalto in March 2019.
Copyright (c) 2019 CercleFinance.com. All rights reserved.