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Thales Posts Lower H1 Net Income; Sales Up

MT Newswires·07/23/2026 01:57:27
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01:57 AM EDT, 07/23/2026 (MT Newswires) -- Thales (HO.PA) said Thursday that net income for the first half fell while sales rose year over year. Net income attributable to shareholders of the parent company for the six months ended June 30 was 485 million euros, compared with 663.7 million euros earlier. EPS moved to 2.35 euros from 3.22 euros. The defense technology company's sales totaled 10.95 billion euros, compared with 10.26 billion euros a year ago. Thales confirmed its 2026 organic sales growth outlook between 6% and 7%, reflecting a range between 23.3 billion euros and 23.6 billion euros.