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via finance.yahoo.comBusiness & Companies

Thales sales jump on European rearmament and satellite systems

FROM THE WIRE · FINANCE.YAHOO.COM

Thales got a boost from European countries' recent rearmament push (JULIEN DE ROSA) French aerospace and defence group Thales said third-quarter sales and orders rose strongly as it benefited from higher European spending on weapons and satellite communication systems. Sales…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishRevenue and order growth tied to European defence spending supports the stock outlook.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Third-quarter sales rose 9% to 5.5 billion euros.
  2. 02Orders for the first nine months rose 15% to 19.1 billion euros.
  3. 03Thales won orders from Eutelsat for the Iris2 system.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Thales S.A.HO.PAStock228.20 EUR+0.22%today -0.78%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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