2015 half year results
The Board of Directors of Thales met on 23 July 2015 to review the financial statements for the first half of 2015.
Patrice Caine, Chairman & Chief Executive Officer, stated: 鈥淭hales鈥檚 first half performance shows the relevance of our profitable growth strategy. There was a strong rise in order intake, driven in particular by emerging markets, whilst our sales have registered a marked progression, in both our civil and defence activities. Thanks to this momentum and our competitiveness actions, our operating margin is continuing to improve. These positive trends allow us to confirm all of our objectives鈥.
- Order intake: 鈧6.22&苍产蝉辫;产颈濒濒颈辞苍, +19%
- Sales: 鈧6.35 billion, +11%
- EBIT[1]: 鈧473 million, +18%
- Adjusted net income, Group share1: 鈧313&苍产蝉辫;尘颈濒濒颈辞苍 (+29%)
- Objectives confirmed
|
in millions of euros
|
H1 2015 |
H1 2014[2] |
Total change |
Organic[3] change |
|
Order intake |
6,224 |
5,220 |
+19% |
+14% |
|
Order book |
27,668 |
27,285[4] |
+1% |
-1% |
|
Sales |
6,347 |
5,695 |
+11% |
+6% |
|
EBIT1 |
473 |
402 |
+18% |
+10% |
|
Adjusted net income, Group share1 |
313 |
243 |
+29% |
|
|
Adjusted net income per share, Group share1 |
鈧1.51 |
鈧1.19 |
+27% |
|
|
Free operating cash flow[5] |
(304) |
(535) |
|
|
|
Net cash |
614 |
53 |
|
|
We are pleased to invite you to participate in our conference call in English:
Thursday, 23 July 2015 at 6:00 pm (CET)
- Dial-in number from France: + 33 (0) 1 70 77 09 38
- International dial-in number: + 44 (0) 203 367 94 56.
It will be also possible to follow the conference call through a webcast by using the following link:
- .
If you are unable to listen to the call live, a digital replay will be available a few hours after the end of the conference call and will remain available for 90 days. To access the replay, please dial +33 (0) 1 72 00 15 00 or +44 (0) 203 367 94 60 (code 294896#).
[1] Non-GAAP measure, see definition in the appendix of the press release.
[2] Data for the first half of 2014 has been restated to reflect the introduction of the IFRIC 21 interpretation.
[3] "organic" means "on a like-for-like basis and at constant exchange rates".
[4] At 31 December 2014
[5] Operating cash flow before interest and tax + change in working capital requirements and provisions for contingencies - net financial interest paid - pension benefits (excluding payments to reduce deficits and changes in the United Kingdom) - taxes paid - net operating investments.