Thales Sa · EURONEXT:HO
Thales Sa — Q1 2012 Earnings Presentation
17 slides from Thales Sa's earnings presentation, May 10, 2012
Slide 1: Revenues and orders Q1 2012
Revenues and orders Q1 2012 10 May 2012 mai 2012
Slide 2: Agenda
2 / Agenda 1. Highlights 2. Order intake and revenues This presentation may contain forward-looking statements. Such forward-looking statements are trends or objectives, as the case may be, and shall not be construed as constituting forecasts regarding the Company’s results or any other performance
Slide 3: Highlights
Highlights mai 2012
Slide 4: Overview
4 / Overview Global environment remains volatile European sovereign debt crisis still ongoing Continued pressures on government budgets in mature markets Election year in France and the US Confirmed positive momentum in transport and aeronautics Ongoing transformation of Thales Probasis on track Por
Slide 5: Q1 key figures
5 / Q1 12 key figures in €m Q1 2012 Q1 2011 change total organic excluding DCNS (*) 2,584 1,943 +33% +32% Order intake reported 2,624 1,943 +35% +32% excluding DCNS (*) 2,484 2,519 -1% -2% Revenues reported 2,683 2,519 +7% -2% excluding DCNS (*) 1.04 0.77 Book-to bill ratio reported 0.98 0.77 (*) ex
Slide 6: Order intake and revenues
Order intake and revenues mai 2012
Slide 7: Order intake by business
7 / Order intake by business in €m Q1 2012 Q1 2011 change total organic Defence & Security 986 959 +3% +1% Aerospace & Transport 1,576 957 +65% +64% Other 22 27 Total - excluding DCNS (*) 2,584 1,943 +33% +32% DCNS 39 Total - reported 2,624 1,943 +35% +32% (*) excluding the impact of the proportiona
Slide 8: Order intake breakdown
8 / Order intake breakdown Total(*): €2,584m +33% €521m Total: €1,943m Selected key orders €436m €561m Global main lines re-signalling (Denmark) Compass Line (Singapore) IFE systems (North America) €1,507m €1,502m Naval electronic systems (UK) Sonars (Australia) Q1 2011 Q1 2012 Unit v alue > €100m €
Slide 9: Revenues by business
9 / Revenues by business in €m Q1 2012 Q1 2011 change total organic Defence & Security 1,329 1,363 -2% -4% Aerospace & Transport 1,139 1,120 +2% +1% Other 16 36 Total - excluding DCNS (*) 2,484 2,519 -1% -2% DCNS 199 Total - reported 2,683 2,519 +7% -2% (*) excluding the impact of the proportionate
Slide 10: 2012 objectives
10 / 2012 objectives excluding DCNS(*) and any exceptional export contract Book-to-bill ratio slightly below 1 Revenues increasing EBIT margin (**) 6% in 2012 after restructuring charges of about 1% (*) excluding the impact of the proportionate consolidation of DCNS (**) after restructuring and befo
Slide 11: Annexes
Annexes mai 2012
Slide 12: Upcoming events
12 / Upcoming events AGM 15 May 2012 Farnborough Air Show 9-13 July 2012 H1 results 25 July 2012 mai 2012
Slide 13: Order intake by customer location
13 / Order intake by customer location change in €m Q1 2012 Q1 2011 total organic MiddleRoW France 487 435 +12% +12% East 3% France 4% UK 202 228 -12% -14% 19% Asia-Pacific Rest of Europe 836 560 +49% +52% 17% Europe 1,525 1,223 +25% +25% UK 8% North America 445 338 +32% +32% Asia-Pacific 429 246 +7
Slide 14: Revenues by customer location
14 / Revenues by customer location change in €m Q1 2012 Q1 2011 total organic Middle RoW East 4% France 689 645 +7% +7% 5% France UK 316 314 +1% -2% Asia-Pacific 28% Rest of Europe 611 656 -7% -5% 14% Europe 1,616 1,615 +0% +0% N America North America 284 266 +7% +4% 11% UK Asia-Pacific 355 349 +2%
Slide 15: Order intake by area of origin
15 / Order intake by area of origin in €m Q1 2012 Q1 2011 change total organic Area A 993 566 +75% +70% Area B 610 447 +36% +40% France 981 930 +5% +5% Total - excluding DCNS (*) 2,584 1,943 +33% +32% DCNS 39 Total - reported 2,624 1,943 +35% +32% (*) excluding the impact of the proportionate consol
Slide 16: Revenues by area of origin
16 / Revenues by area of origin in €m Q1 2012 Q1 2011 change total organic Area A 840 890 -6% -9% Area B 454 511 -11% -10% France 1,190 1,118 +6% +5% Total - excluding DCNS (*) 2,484 2,519 -1% -2% DCNS 199 Total - reported 2,683 2,519 +7% -2% (*) excluding the impact of the proportionate consolidati
Slide 17: www.thalesgroup.com
www.thalesgroup.com THALES - 45, rue de Villiers – 92526 Neuilly-sur-Seine Cedex – France mai 2012