(CercleFinance.com) – Turnover stood at €4,421 million in the first quarter of 2024, compared to €4,026 million in the first quarter of 2023, up 9.8% in published data, and 7.9% on a consolidated basis. and constant exchange rates.
Growth is driven in particular by the dynamics of France (+15.5%), the United Kingdom (+9.0%) and Australia (+11.2%). Emerging markets grew organically by 7.0%.
Revenue for the Defense & Security sector reached €2,305 million, up 13.4% at constant scope and exchange rates. In the Aerospace sector, turnover amounted to €1,182 million, up 5.1%.
Order intake for the first quarter of 2024 amounted to €5,037 million, up 46% compared to the first quarter of 2023 at constant scope and exchange rates, and +47% based on published data.
Order intake and turnover for the first quarter of 2024 are in line with expectations. In this context, Thales confirms all of its annual objectives.
As in 2023, the group is targeting a book-to-bill ratio greater than 1, organic growth in turnover of between +4% and +6%, corresponding to a turnover between 19.7 and 20 .1 billion euros and an EBIT margin of between 11.7% and 12.0%, up 10 to 40 basis points compared to 2023.
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