Thales Reports Q1 2025 Financial Performance

Thales announced its financial results for Q1 2025, reporting a notable sales increase but a decline in order intake. The company recorded €3.8 billion in order intake, down 25% compared to Q1 2024, attributed to a high comparison base from the previous year. However, sales rose by 12.2% to €5.0 billion, driven mainly by strong performance in the Defence and Aerospace segments.

Aerospace orders increased by 53%, totaling €1.53 billion, while the Defence segment saw a significant drop of 58% in orders due to fewer large contracts than in Q1 2024. Despite this, Defence sales grew by 16.5% to €2.685 billion. Cyber & Digital sales slightly decreased by 1.5%.

Thales maintains its annual financial targets for 2025, aiming for a book-to-bill ratio over 1 and organic sales growth of 5-6%. The company continues to adapt to macroeconomic conditions and potential tariff changes to uphold its objectives.