|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||74.64 - 74.64|
|52 Week Range||56.07 - 121.75|
|Beta (5Y Monthly)||0.43|
|PE Ratio (TTM)||13.96|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Dec 03, 2019|
|1y Target Est||N/A|
France has a vivid aeronautics sector that is being hard hit by the devastating consequences of the coronavirus outbreak. Some 100,000 industry jobs would be threatened if the state didn’t step in, finance minister Bruno Le Maire said as he announced the plan.
France is seeking to create a 1 billion euro ($1.1 billion) fund as part of an emergency plan for the aerospace industry to be unveiled in the coming days, the transport minister said on Sunday. Jean-Baptiste Djebbari, told the news channel LCI when asked if 1 billion euros was an amount being envisaged. As with support already unveiled for the car industry, France would seek job guarantees, Djebbari said.
Based on its recent analysis of the global mobile identification (ID) wallet solutions market, Frost & Sullivan recognizes Thales with the 2019 Global Company of the Year Award. In 2019, Gemalto was acquired by Thales, which enabled it to leverage extensive expertise in the digital security credentials market to develop its mobile government-to-citizen identification solution, Thales Gemalto Digital ID Wallet. This technology meets identity security standards and regulations while offering the next generation of mobile ID features to address new and evolving market needs.
The French aerospace industry needs billions of euros in fresh capital to help struggling suppliers overcome the coronavirus crisis, which has pushed a third of its 200,000 employees into furlough, a leading industry association said on Tuesday. French Finance Minister Bruno Le Maire said on Monday that further talks would take place on ways to help the aeronautics industry, including the possible establishment of a new fund. Eric Trappier, head of military and business jet maker Dassault Aviation, said the industry as a whole was open to wide range of capital including private funds and the possible re-development fund to be backed by state bank BPI.
Thales has deployed the world’s first GSMA-certified eSIM activation solution on Google Cloud. This solution will offer telecom operators secure and highly scalable support to manage increases in mobile subscriptions for eSIM-capable devices. It also lets them benefit from the reliability of Google Cloud’s carbon neutral technology. eSIM adoption is being fueled by a new generation of smartphones, tablets, wearables and new IoT use-cases. Thales’ subscription management expertise not only ensures seamless remote activation of a vast number of devices, but also provides data analytics and protection of the subscriber’s data.
European companies are scrapping dividends to maintain cash and comply with regulations in response to the financial havoc caused by the spread of the new coronavirus. Companies have been racing to cut dividends as lockdowns of major cities crush businesses, drying up their cashflows, with banking authorities and national governments also rushing to regulate financial institutions and state-owned companies. More than 80 of the top 600 listed companies in Europe cut or scrapped dividends between Feb. 24 and April 8, a Reuters analysis found.
European shares rallied for a second straight day on Tuesday, with investors focusing on early signs that the coronavirus pandemic may be easing, even as major companies still take steps to shore up cash after lockdowns crushed global demand. The pan-European STOXX 600 index rose 2.7% at 0716 GMT - hitting its highest in almost a month, with governors of several hard-hit U.S. states pointing to tentative signs the outbreak might be starting to plateau. Spanish stocks jumped 2.2% as coronavirus deaths slowed for a fourth day on Monday, prompting the government to contemplate a gradual easing of a nationwide lockdown.
France's Thales <TCFP.PA> on Tuesday became the latest major company to slash its dividend, suspend profit guidance and top up liquidity in response to the coronavirus crisis. The company has already paid an interim dividend of 0.6 euros, meaning the remaining 2.05 euros will not be paid. Thales also suspended its 2020 financial guidance, which had assumed only a limited impact from the crisis, which is now grounding airline fleets and seizing up economies worldwide.
EU antitrust regulators are asking Daimler, Continental and other car parts suppliers for details of failed mediation talks with Nokia, raising hopes that enforcers may step in to resolve a patent licensing fee dispute. Daimler and Continental, along with Bury Technologies, Valeo and Thales-owned Gemalto, complained to the European Commission last year about the fees Nokia was demanding for patents related to car communications.
LONDON/MILAN, March 19 (Reuters) - From Washington to London, Beijing to Rome, governments are drafting automakers and aerospace manufacturers to ramp up production of ventilators and other medical equipment to bolster what most experts say is an inadequate arsenal of coronavirus treatment tools. Authorities are hoping large-scale manufacturers can use their low-cost supply chains and digital design expertise, including 3D printing, and repurpose some factories in order to make up the expected shortfall in vital medical hardware. Some of Britain's biggest aerospace and car companies have formed three teams to produce basic ventilators to help the country's National Health Service cope with the coronavirus outbreak.
Unfortunately for some shareholders, the Thales (EPA:HO) share price has dived 31% in the last thirty days. That drop...
(Bloomberg) -- Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.London’s Heathrow airport has deployed a system designed to block drones entering its airspace following a string of recent attempts that threatened Europe’s busiest travel hub.The airport, classified as a flight restriction zone by authorities, is now using a product manufactured by France’s Thales SA to detect and identify drones. The French company declined Tuesday to detail the contract’s value or the precise specification being used at Heathrow.Illegal drones are a growing problem for airports, utilities and factories. While their use is often meant to be disruptive -- when used for example by activists -- or for surveillance, they have recently been used in destructive attacks in Saudi Arabia. Companies like Thales have sought to increase their use beyond military solutions to seize market opportunities.Heathrow chose a holographic radar system developed by Aveillant Ltd., a Cambridge, England company acquired by Thales in 2017. Its technology is now part of the French defense contractor’s anti-drone solution, EagleShield.The radar system is also used at Paris’s Charles de Gaulle airport. It can detect drones as far as 5 kilometers (3.1 miles) away in all directions, according to Aveillant’s website. Appropriate countermeasures can then be deployed.Representatives for Thales wouldn’t say what Heathrow planned to use as a countermeasure, but said drone-disabling technology was not part of its contract with the airport. A spokesman for Heathrow declined to comment.Away from transit hubs, common solutions include the use of radio waves to jam the signal used by a pilot to control a drone, or take over control of the unit. Other methods include dispatching eagles or giant nets to pull craft out of the sky.In September, police in London arrested two people outside the perimeter of Heathrow after climate protesters attempted to close it with illegal drone flights. Campaigners said at least one craft was successfully launched, though departures and arrivals did continue. In Dec. 2018, flights at Gatwick airport were halted for more than a 24 hours during pre-Christmas high season following reports of drone sightings close to its runway.Read More: Drone Industry Fears Political Attack After Gatwick ShutdownTo contact the reporter on this story: Helene Fouquet in Paris at email@example.comTo contact the editors responsible for this story: Giles Turner at firstname.lastname@example.org, Nate Lanxon, Amy ThomsonFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
It hasn't been the best quarter for Thales S.A. (EPA:HO) shareholders, since the share price has fallen 12% in that...
The opening of the Bang Sue-Tha Phra extension, or Section 3, of Bangkok's Chaloem Ratchamongkhon MRT line, better known as the Blue Line, marks the final delivery phase of Thales' Automatic Fare Collection (AFC) system on the line's extension. This follows the successful installation of the ticketing system for Section 2, which was put into revenue service on 30 September 2019.
Thales today announced that its SafeNet Trusted Access solution now integrates with the entire Microsoft applications suite, protecting customers with its multi-factor authentication, access management and single sign on capabilities. Through the integration with Azure Active Directory (AD), organizations can now deploy SafeNet Trusted Access for seamless, secure access to Office 365 and other services in the Microsoft cloud as well as legacy Windows domains.
A new global study from Thales, with research from global market intelligence firm IDC, reveals that U.S. financial institutions have the highest rate of data breaches compared to other industries. In fact, nearly two thirds (62%) have experienced a breach in their history, and 41% had one occur in the last year alone. According to the 2019 Thales Data Threat Report – Financial Services Edition, U.S. financial services institutions are leading other industries when it comes to implementing digitally transformative technologies with nearly all (97%) surveyed claiming they use sensitive data within digitally transformative environments. However, the study also found that encryption rates for the U.S. organizations surveyed are 31% or less, even though sensitive financial and payment data remains an attractive target for cybercriminals.
A South African court on Friday rejected an appeal by former president Jacob Zuma that sought to prevent his prosecution on corruption charges over a $2 billion arms deal. The ruling paves the way for Zuma's long-awaited trial to start in February 2020. Zuma, in office from 2009-2018, had previously applied for a permanent stay of prosecution on 18 charges of fraud, racketeering and money laundering relating to an arms deal with French defence firm Thales in the 1990s.
Thales S.A. (EPA:HO) is about to trade ex-dividend in the next 3 days. Ex-dividend means that investors that purchase...
France wants to develop a domestic alternative to U.S. data analytics company Palantir to help it prevent terrorist attacks but will meanwhile renew its contract with the firm, a senior French intelligence official said. Palo-Alto based Palantir, which specializes in crunching and analysing large quantities of data, was hired by French intelligence services in the wake of the November 2015 Islamist militant attacks that killed 130 people in Paris.
French defence firm Thales said on Tuesday it would ask South Africa's highest court for permission to appeal an October ruling dismissing its request to have charges that it bribed former President Jacob Zuma permanently dropped. Thales is accused of agreeing to pay Zuma 500,000 rand ($34,000) annually for protection from an investigation into a $2 billion arms deal in 1999. The charges against Thales and Zuma were originally filed a decade ago but then set aside by the National Prosecuting Authority (NPA), paving the way for Zuma to successfully run for president in 2009.
Thales cut its 2019 revenue growth forecast on Thursday due mainly to slow sales of commercial satellites and production delays with an Australian military vehicle project. Bringing forward part of a quarterly results announcement scheduled for Oct 22, the French company reported flat nine-month revenues of 10.87 billion euros. Europe's largest defence electronics company now expects full-year revenues to grow around 1% on an organic or like-for-like basis, rather than a previous goal of around 3%.
Thales <TCFP.PA> cut its 2019 revenue growth forecast on Thursday due mainly to slow sales of commercial satellites and production delays with an Australian military vehicle project. Bringing forward part of a quarterly results announcement scheduled for Oct 22, the French company reported flat nine-month revenues of 10.87 billion euros (9.4 billion pounds). Europe's largest defence electronics company now expects full-year revenues to grow around 1% on an organic or like-for-like basis, rather than a previous goal of around 3%.