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Thales: 9m sales up 3%.

(CercleFinance.com) - Thales has published 9m 2017 sales of 10,336 million euros, up 3% as reported and up 3.
5% like-for-like (organic growth).

New orders reached 8,833 million euros, down 14% (-13% like-for-like), due to the booking in Q3 2016, of 36 Rafale fighter aircraft by the Indian Government.

The electronics for transport and defense group confirmed its 2017 target for organic sales growth of around 5%, with EBIT of between 1,480 million euros and 1,500 million euros, up by 9% to 11% relative to 2016.


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