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Thales S.A. (THLEF) Q3 2024 Sales/Trading Statement Call

Thales S.A. (OTCPK:THLEF) Q3 2024 Q3 2024 Sales/Trading Statement Call October 23, 2024 2:30 AM ET

Company Participants

Alexandra Boucheron – Vice President, Head, Investor Relations
Pascal Bouchiat – Chief Financial Officer

Conference Call Participants

Olivier Brochet – Redburn Atlantic
Chloe Lemaire – Jefferies
George Zhao – Bernstein
Carlos Iranzo Peris – Bank of America
Herve Drouet – CIC Market Solutions
Christophe Menard – Deutsche Bank
Ross Law – Morgan Stanley
Aymeric Poulain – Kepler Cheuvreux

Operator

Good morning, ladies and gentlemen, and thank you for standing by. Welcome to today’s Thales Order Intake and Sales at September 30, 2024 Conference Call. The presentation will be held today by Pascal Bouchiat, Thales’ CFO. It will be followed by a question-and-answer session. [Operator Instructions] I must advice you that this conference is being recorded today.

I would now like to hand the conference over to Ms. Alexandra Boucheron, VP Head of Investor Relations. Please go ahead, madam.

Alexandra Boucheron

Good morning, all. Welcome and thank you for joining us for the presentation of Thales’ nine months 2024 order intake and sales. I am Alexandra Boucheron, Head of Investor Relations at Thales. With me today is Pascal Bouchiat, CFO of Thales.

As usual this presentation is audio webcast live on our website at thalesgroup.com where the slides and the press release are also available for download. A replay will be available soon after the end of the event.

With that, I would like to turn over the call to Pascal Bouchiat.

Pascal Bouchiat

Thank you, Alexandra, and good morning, everyone. So let me start with the Q3, 2024 highlights before moving on to the numbers. I’m now on slide 2. Q3 2024 has been a new quarter of strong commercial momentum in particular in Defense & Security. This dynamic was notably driven by large orders. Over the quarter Thales signed seven large contracts

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