Thales
HO: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|r! | LOCK|>RS | LOCK|^^br>^w |
Thales Earnings: Defense Execution and Space Recovery Drive EBIT Growth Ahead of Revenue
Thales’ first-half sales rose 7.8% organically to EUR 10.9 billion, while adjusted EBIT increased 10% to EUR 1.37 billion and margin expanded 30 basis points to 12.5%. Order intake rose 22% organically to EUR 12.5 billion.
