Thales (XPAR:HO)

€ 167.1 -0.85 (-0.51%) Market Cap: 34.33 Bil Enterprise Value: 38.69 Bil PE Ratio: 34.17 PB Ratio: 5.06 GF Score: 86/100

Thales SA Capital Markets Day Transcript

Oct 03, 2019 / 06:30AM GMT

Release Date Price: €98.48 (-3.31%)

Transcript

Bertrand Delcaire

Thales S.A. - Head of IR & VP

We're about to start, so please take a seat. Good morning, everyone, and welcome to Thales' 2019 Capital Markets Day. Thank you for joining us this morning, either physically here in Paris or via the webcast.

I'd like to acknowledge the presence of many members of our leadership team here in the room. All Thales employees wear a gray Thales badge holder, so please do not hesitate to come and interact with them during the breaks or at lunch.

The slides and the press release are available for download, and a replay of the meeting will be available later this afternoon. You'll find the agenda on the second page of the book that was distributed to you earlier. As announced previously, today's event is predominantly focused on DIS, our new global business unit that incorporates Gemalto. We have planned 2 sessions. In the first one, Philippe VallÃ©e, who now heads DIS, will speak about the key growth and margin drivers his team intends to activate over the next few years. In the second one, several of our leaders will talk concretely about

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