Euronews
• Indrabati Lahiri
Thales Sees Record Orders But Warns on Space Margins Amidst Proposed Airbus Merger
Thales reported record orders driven by aeronautics and defense but cautioned on space margins. The company forecasts 5%-6% organic sales growth for 2024 with an earnings margin of 11.7%-11.8%. Discussions about a space division merger with Airbus are ongoing.