Thales: The latest figures, news and market research on Thales

Turnover: 18.4 billion EUR (2023)

Country: France

Thanks to its military expertise in cryptography, Thales is a major player in securing communications for a wide range of entities including banks, governments and the armed forces. Its recognized know-how in security has established its position of trust with these key players, protecting their sensitive and strategic exchanges.

Thales continues to expand, and recently acquired Alcatel-Lucent's Cybersecurity and Telecommunications Security services, reinforcing its ability to protect critical data and infrastructure.

The Thales Group is present in several sectors, diversifying its activities to meet contemporary challenges. In addition to its expertise in cryptography and cybersecurity, it plays a key role in aerospace, developing advanced technologies for air and space travel, and also excels in the defense sector, offering innovative solutions for armed forces.

Thales also brings its expertise to the rail transport sector, developing cutting-edge solutions to make travel safer, more efficient and more connected.

With around 80,000 employees worldwide, Thales is shaping a more secure and technologically advanced future for its customers and partners.

may 5, 2021 -

Born in 1893
Number 1 worldwide in electronics for aerospace, transport and security
Four-pillar business model: high-level R&D, digital expertise "by nature", presence in more than half the world's countries and number 1 or 2 position in each of its businesses
Predominantly European presence (55.5%, of which 25% in France)
Accelerated environmental strategy with low-carbon commitments (20% reduction in emissions by 2023), clean tech solutions
Turnaround challenges for the group's least profitable transport division
Two concerted shareholders: Dassault Aviation (24.64%) and the French State (25.68%)

may 6, 2021 - a very promising start to the year for Thalès - source(La Tribune)

Encouraging return to growth after the coronavirus crisis
Higher-than-expected order intake and sales for the first quarter of 2021
31% jump in orders thanks to two Rafales in 2021
Rising demand for military and cybersecurity radars offsets decline in aeronautical business
Thalès confirms sales forecast for 2021 of between 17.1 and 17.9 billion euros
Defense of a diversified business model, between defense, transport, security technologies and aerospace.

News

Defense: Thales quadruples mortar shell production in the Loiret region of France 18/06/2024

- Ammunition production capacity at Thales' La Ferté-Saint-Aubin plant: currently at 20,000 rounds per year, planned to increase to over 80,000 rounds per year by 2026.
- French army ammunition orders: 3,000 rounds in 2022, 15,000 rounds in 2023. Deliveries scheduled between the last quarter of 2024 and 2029.
- Brazilian Air Force acquires two Ground Master 200 Multi Mission radars from Thales.
- Thales order book in 2023: 45.3 billion euros, up 10%.
- Thales sales forecast for 2024: between €19.7 and €20.1 billion, with organic growth of 4-6%.

Thales plans to invest in Atos for defense and intelligence 30/04/2024

- Thales is considering the acquisition of the Mission Critical Systems (MCS) division of Defense and Security within BDS.
- Thales's recent €3.6 billion acquisition of Imperva positions Thales in the world's Top 5 in cyber.
- The MCS division generates annual revenues of €200-300 million. This amount represents part of the BDS portfolio estimated at 1.5 billion euros.

Thanks to Hitachi's takeover of Thales' rail business, Italy's Mer Mec arrives in France 15/04/2024

- Sale of Hitachi's German, British and French signaling activities to Italian company Mer Mec.
- Founded in 1970, Mer Mec is mainly involved in signalling, electrical traction and telecommunications for the rail industry. It is present in 73 countries and belongs to the Angel Group.
- The Italian rail specialist already works with RATP and SNCF in France
Purchase price of Thales GTS by Hitachi Rail: 1.7 billion euros.
- The European Commission and the British competition authority had given the green light to Hitachi Rail's €1.7 billion takeover of Thales GTS (the French group's rail activities). The only condition was that the Japanese manufacturer make a number of divestments.
- Number of employees at Hitachi Rail STS France (ex-Ansaldo STS): over 600.

All the lights are green for Thales, except in the space sector 06/03/2024

- Order intake for 2023: 23.1 billion euros
- Last year's sales: 18.4 billion euros
- Acquisition of US company Imperva
- Planned acquisition of Cobham Aerospace Communications
- Number of new hires planned in France for 2024: 7,000
- Number of employees redeployed within the Thales Alenia Space group: 1,300.

Cybersecurity: Thales adds a new string to its bow in record time 06/12/2023

Thales has finalized the acquisition of US-based Imperva, valued at 3.6 billion euros, making the group "one of the world's five leaders" in cybersecurity.
Second largest acquisition in Thales history after the takeover of smart card specialist Gemalto (€4.8 billion in 2019).
With Imperva, Thales claims to have 5,800 experts in 86 countries in cybersecurity, with sales of 2.4 billion euros in 2024 compared with 1.6 billion in 2022.
The Group also announces that its Identity and Digital Security branch, which includes civil cybersecurity, biometrics, bankcard and ID document activities, will account for 10% of Group sales in 2024
Headquartered in San Mateo, California, Imperva generates "over $500 million in sales" annually and employs more than 1,400 people
Thales has made a number of acquisitions in the cybersecurity sector, including Australia's Tesserent, Spain's S21sec, Luxembourg's Excellium and the Netherlands' OneWelcome.
With Imperva, Thales becomes a global player in both segments: data security and application security

Thales enters the Top 5 in cybersecurity 26/07/2023

Thales bought Imperva for $3.6 billion (€3.26 billion).
Thales also recently acquired Cobham Aerospace Communications for 1 billion euros, and launched a takeover bid for Tesserent for around 100 million euros.
Thales sold its transport branch to Hitachi for 1.66 billion euros.
The global IT security market is estimated at $136 billion, rising to $198 billion by 2026.
Imperva, the company recently acquired by Thales, posted sales of $496 million last year.
Imperva employs 1,400 people and serves 35% of Fortune 100 companies.
With the acquisition of Imperva, sales of Thales's cybersecurity branch are expected to reach €2.4 billion in 2024, with 8,000 employees, including 6,000 engineers.
Between 2024 and 2027, Thales's Digital Identity and Security branch is expected to achieve annual organic growth of 6 to 7%, reaching sales of between 5.4 and 5.5 billion euros in 2027

Thales makes its biggest acquisition since Gemalto 25/07/2023

Thales has submitted a bid to acquire the US company Imperva, valued at $3.6 billion.
The acquisition of Imperva is expected to boost Thales' cybersecurity sales to €2.4 billion a year.
Imperva is expected to post year-on-year sales of over $500 million in 2022.
Imperva employs over 1,400 people.
The acquisition should enable Thales to achieve sales of between €5.4 and €5.5 billion for its defense and security business in 2027.

Aerospace: Thales strengthens its position in connected cockpits 13/07/2023

Thales has announced the acquisition of Cobham Aerospace Communications (CAC) for $1.1 billion.
CAC is expected to generate sales of 200 million euros in 2023.
One third of CAC's sales are in the defense sector.
CAC employs nearly 700 people in France, South Africa, North America and Denmark.

Thales acquires Cobham for $1.1 billion 12/07/2023

Thales in negotiations to acquire Cobham Aerospace Communications for $1.1 billion
Cobham Aerospace Communications is based in Rungis, near Paris, and is a leading supplier of airborne avionics systems in satellite communications, audio/radio management, antennas, lights, clocks and man-machine interfaces.
690 employees, including around 190 engineers.
Cobham Aerospace Communications operates in France, South Africa, the USA/Canada and Denmark.
Cobham Aerospace Communications expects to achieve sales of $200 million in 2023.

Thales to launch takeover bid for Australian cybersecurity specialist 13/06/2023

Memorandum of understanding signed between Thales and Tesserent.
Thales proposes to acquire 100% of Tesserent's shares.
Double-digit growth expected in the Australian and New Zealand cybersecurity markets by 2026.

Made in France" chips for the space industry 08/06/2023

NanoXplore is a French company founded in 2010 specializing in electronic components for the space industry.
Thales Alenia Space (TAS) is teaming up with NanoXplore to integrate French "NG Ultra" processors into its new flexible and reconfigurable Space Inspire satellites.
A second, similar partnership is due to be signed shortly with Airbus Space to equip its NeoSat range of new-generation satellites.
Second-generation Galileo satellites could also use NanoXplore electronic components.
German satellite manufacturer OHB begins working with NanoXplore.
The company has grown from 6 employees in 2014 to 90 employees today.
NanoXplore has invested a total of €70 million, including €30 million in the development of the NG Ultra chip.
The company has signed an industrial agreement with STMicroelectronics, which manufactures the electronic circuitry for its components in Rennes, prior to assembly.

Gemalto has become a Thales nugget 09/03/2023

Thales business was driven by defense, especially internationally: 29 orders over €100 million, 52% of sales and three-quarters of the group's order book (€40.9 billion)
Gemalto (15,000 employees), acquired for €4.8 billion at the end of 2017, accounted for 20% of Thales sales
Gemalto, renamed DIS, grew by 21% and its profitability soared (operating margin of 13.7%)
DIS combines the assets of Gemalto with those of Thales e-security, digital, artificial intelligence and data analysis.
DIS is benefiting from fast-growing markets, particularly in cybersecurity, from the recovery in demand for biometrics (passports, ID cards) and from price increases.
CB and SIM activities retained
DIS has contributed to making Thales Europe's leading player in cybersecurity, with sales of 1.5 billion euros, split between Europe and North America.
A specialist in 5G, identity authentication, biometrics, the Internet of Things, drone detection and identification, DIS is accelerating in post-quantum technologies, 6G and man-machine interface

Financial Data

DUNS: 552059024

Legal Name: THALES

Address: PL DES COROLLES TOUR CARPE DIEM ESPLANADE NORD, 92400 COURBEVOIE

Number of employees: Between 500 and 999 employees (2020)

Capital: 630 630 420 EUR

Financial Data:

Year	2021	2020	2016
Turnover	245 200 000	237 800 000	233 000 000
Gross margin (€)	654 500 000	620 600 000	635 000 000
EBITDA (€)	-66 400 000	-88 300 000	-70 000 000
Operating profit (€)	-101 300 000	-90 000 000	-93 000 000
Net profit (€)	452 200 000	509 300 000	431 000 000
Turnover growth rate (%)	3,1	-5,8	12
Ebitda margin rate (%)	-27,1	-37,1	-30
Operating margin rate (%)	-41,3	-37,8	-39,9
Working Capital (turnover days)	-9 662,2	3 397,2	521,6
Working Capital requirements (turnover days)	148	57,1	111,2
Net margin (%)	184,4	214,2	185
Added value / Turnover (%)	-117,2	-117,7	-93,6
Wages and social charges (€)	222 400 000	212 700 000	-
Salaries / Turnover (%)	90,7	89,4	-

Company Managers:

Position	First Name	Last Name	Age
Director	ERIC	TRAPPIER	64
Director	LOIK	SEGALEN	64
Director	PHILIPPE	KNOCHE	55
Director	EMMANUEL	MOULIN	56
Director	CHARLES	EDELSTENNE	86
Director	PHILIPPE	LEPINAY	70
Director	ANN	TAYLOR	77
Director	ANNE-CLAIRE	TAITTINGER	75
Director	MARIE-FRANCOISE	GUYOT	74
Director	ARMELLE	TIELEMAN	54
Director	BERNARD	FONTANA	63
Director	ANNE	RIGAIL	55
Director	DELPHINE	GENY	56
Chairman of the Board of Directors	PATRICE	CAINE	54
Director representing employees	ANNE-MARIE	HUNOT	60
Director representing employees	NADINE	RELIER	61