|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||79.68 - 81.60|
|52 Week Range||52.50 - 85.70|
|Beta (5Y Monthly)||0.93|
|PE Ratio (TTM)||35.76|
|Earnings Date||Mar 04, 2021|
|Forward Dividend & Yield||1.76 (2.21%)|
|Ex-Dividend Date||May 18, 2021|
|1y Target Est||127.30|
French defence and aerospace group Thales predicted a partial recovery in most businesses this year after seeing 2020 sales and profits dragged lower by the COVID-19 crisis. Thales, partially owned by the French state, said operating profit fell 33% to 1.35 billion euros ($1.63 billion) as revenue fell 7.7% to 16.99 billion. The main figures matched average analyst forecasts of a 1.34 billion euro operating profit and revenues of 16.98 billion, Refinitiv data showed.
French armed forces to rely on Thales expertise to expand their secure satellite communication capabilities (Syracuse IV system).
As a part of the initial "Digital railways Germany" package, Deutsche Bahn is equipping the Stuttgart region with a digital signalling system (DSTW*), the European Train Control System (ETCS*) and Automatic Train Operations (ATO*) with driver. The tender covering the implementation of modules 1 and 2 of the "Digital node Stuttgart" project until the end of 2025 was won by Thales at the end of November 2020. The contract with a value of approximately 127 million euros covers the installation of the digital signalling system, the installation of ETCS, preliminary work for the implementation of the track-side automatic operations and the Capacity & Traffic Management System (CTMS*), a modern technology and operating site, in excess of 6,000 electronic kilometre markers (balises), more than 1,300 axle counting points and approximately 650 point machines.