FX.co ★ Thales Q1 Sales Up 7.9% On Organic Basis; Confirms 2024 Financial Targets

Thales, under the ticker THLEF.PK, has announced that its sales for the initial quarter have risen to 4.42 billion euros from 4.03 billion euros in the first quarter of 2023. This signifies a reported increase of 9.8%, and when considering scope and exchange rates, an increase of 7.9%.

Furthermore, the order intake for the initial quarter has hit 5.04 billion euros, which is a substantial 46% growth compared to the first quarter of 2023, considering constant scope and exchange rates. This looks even more impressive on a reported basis where there is a 47% increase.

Thales confidently confirmed that it is on track to meet all its annual goals.