But the price increase – initially almost 5 percent – quickly turned downward and by ten o'clock it was minus 0.5 percent for the share. It has nonetheless increased by almost 75 percent this year – in the broad upturn for European defense shares.
For the second quarter, Thales reports an organic sales increase of 6.4 percent. This can be compared to an average forecast of 8.1 percent, according to Bloomberg.
The order intake increased by 15 percent in annual terms to 6.6 billion euro during the quarter.
For the entire 2025, Thales expects a sales growth of 6-7 percent according to the report. The previous forecast was 5-6 percent.
In euro, the sales forecast is raised to 21.8-22.0 billion euro, compared to previously 21.7-21.9 billion euro.
