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Investing.com-- French defence and aerospace group Thales (EPA:TCFP) on Thursday reported a 9% rise in sales for the first nine months of 2025, driven by strong momentum in its aerospace and defence segments, and reaffirmed all its full-year financial targets.
Sales for the period reached 15.26 billion euros ($17.70 billion) compared with 14.07 billion euros a year earlier, up 9.1% on an organic basis.
Orders rose 8% to 16.76 billion euros, lifting the book-to-bill ratio above one, as demand from Europe and Asia boosted both defence and space activities.
The defence division led the gains, with sales up 14% to 8.24 billion euros, helped by production ramp-ups and a series of large contracts in the U.K., India and Germany.
Aerospace revenue rose 7%, while the Cyber & Digital segment declined 3.8%, weighed by softer cybersecurity demand and integration effects from its Imperva merger.
Thales confirmed its 2025 guidance for organic sales growth between 6% and 7%, an adjusted EBIT margin of 12.2% to 12.4%, and a book-to-bill ratio above one.