By Mauro OrruFrench aerospace-and-defense group Thales said it expects to record a charge after Berlin scrapped a project to procure F126 frigates, the latest casualty from the country's decision not to move forward with what could have been Germany's biggest class of warship since the end of World…
By Mauro OrruFrench aerospace-and-defense group Thales said it expects to record a charge after Berlin scrapped a project to procure F126 frigates, the latest casualty from the country's decision not to move forward with what could have been Germany's biggest class of warship since the end of World…
French defence group Thales EURONEXT:HO said on Friday it would book an exceptional charge of about €450 million ($514.58 million) in the first half of 2026 after Germany scrapped the F126 frigate programme, while raising its 2026 order intake and cash generation targets for the year.Thales said th…
(16:01 GMT) *Thales Specifies Effects of Termination of F126 Program (16:02 GMT) *Thales Acknowledges German Decision to Terminate Contract for Six F126 Frigates Program (16:03 GMT) *Thales: Decision Is Total Turnaround (16:03 GMT) *Thales Assessing Consequences of Decision (16:05 GMT) *Thales Plan…
Thales Sees 2026 Book-To-Bill Ratio Above 1.10, Prior Above 1
Thales: Defense Activities Continue to Benefit From Sustainable, Favorable Momentum
Thales: Comp Will Claim All Its Rights in Order to Obtain Compensation
Thales: This Is Because Oper Margin of Program Is Significantly Lower Than Margin at Group Level
Thales: Termination Will Have Impact of 0.5% on 2026 Sales
Thales: Termination Will Have Marginally Positive Effect on Adj EBIT Margin
Thales: Charge Will Weigh on Net Pft by About EUR350M in 1H
Thales: Charge Won't Have Any Material Impact on Free Oper Cash Flow
Thales: Amount Mainly Corresponds to Costs Already Paid for Project
Thales Assessing Consequences of Decision
