Thales Posts 8 Percent Higher Sales

French defense group Thales reported an 8.1 percent organic increase in nine-month sales to 16.42 billion euros, boosted by rising arms purchases. The company confirmed its full-year targets and noted strong commercial momentum across its divisions.

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FILE PHOTO: The logo of Thales is seen on a company building in Brest, France, March 14, 2022. REUTERS/Stephane Mahe

THALES SA reported an 8.1% organic increase in nine-month sales to €16.42 billion, driven by sustained military spending. The France-based defence group outpaced analyst forecasts of 7.4% growth. The performance highlights strong global demand for military hardware and advanced communication systems.

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