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Thales SA Unsponsored ADR (THLLY)
OTHER OTC:THLLY
Earnings Data
Report Date
Mar 03, 2026Before Open (Confirmed)
Period Ending
2025 (Q4)Consensus EPS Forecast
―Last Year’s EPS
0.02Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a strongly positive financial and commercial performance for 2025: record-level order intake, accelerating organic sales growth (+8.8%), improved profitability (adjusted EBIT +>13%, margin 12.4%), exceptional free operating cash flow (EUR 2.6bn, +27%) and meaningful deleveraging (net debt EUR 1.6bn). Strategic highlights include Defence momentum (EUR 15.1bn orders, EUR 42bn backlog), Avionics/Space recovery, AI and R&D leadership, and progress on a proposed European space JV. Key challenges center on Cyber & Digital underperformance (Cyber Products -3.8% organic; Cyber Services down double-digit) linked to integration friction, FX headwinds (~-1.5pp on sales), a recurring French tax surcharge (EUR 75m in 2025; ~EUR 90m expected in 2026), and higher near-term CapEx. On balance, the positive commercial, profitability and cash-generation results and strong defence/aerospace momentum outweigh the cyber and near-term cost/FX headwinds, and management provided clear plans and guidance to address weaknesses.Company Guidance
Record Order Intake Maintained
Order intake of EUR 25.3 billion in 2025, matching the record level from 2024; group book-to-bill ratio at 1.14 and 1.24 for Defence, indicating strong commercial momentum and healthy future revenue visibility.
Sales Growth Above Guidance
Group sales reached EUR 22.1 billion with organic growth of 8.8% (reported growth 7.6% after a c.1.5 percentage point FX headwind), driven notably by Defence and Aerospace contributions and balanced growth across emerging and mature markets.
Improved Profitability
Adjusted EBIT rose to EUR 2.7 billion (reported increase >13%), with an EBIT margin of 12.4%. Adjusted net income, group share, grew by 5.5% and crossed the EUR 2 billion mark; adjusted EPS was EUR 9.76.
Strong Free Operating Cash Flow and Deleveraging
Free operating cash flow increased 27% to EUR 2.6 billion in 2025, with an exceptional conversion ratio of 128% from adjusted net income. Net debt reduced to EUR 1.6 billion and the Board proposed a dividend up 5.5% to EUR 3.90 (payout ratio ~40%).
Defence Segment Outperformance and Backlog Strength
Defence order intake reached EUR 15.1 billion (record), book-to-bill >1.2 for the seventh consecutive year, and backlog stood at EUR 42 billion (c.3.4 years of sales). Multiple large orders (20 >EUR100m) including air defence wins (SAMP/T NG) bolster long-term visibility.
Aerospace & Space Recovery and Profitability Gains
Aerospace orders EUR 6.1 billion; sales EUR 5.9 billion with organic +8.7%. Avionics delivered double-digit growth in 2025 and adjusted EBIT for Aerospace increased ~39% organically to EUR 560 million (margin 9.5%). Space returned to positive adjusted EBIT in 2025 and benefitted from several large contracts including IRIS2 initial phase.
Innovation & AI Leadership
Significant AI investment and deployment: ~800 AI experts, ~100 PhD students, 5 country hubs for cortAIx, ~200 patents, cortAIx embedded across 100+ products and 250+ use cases. Concrete AI-enabled product wins include TALIOS (AI-assisted targeting) and AI-augmented autonomous mine countermeasures delivered to the French Navy.
Sustainability & Diversity Progress
ESG advances: Climate Passport completion by 94.6% of managers (vs 85% target); Scope 1 & 2 CO2 emissions reduced by 75.2% (2024) and Scope 3 down 15.4% vs 2018; women in senior management at 21.8% and 69.2% of management committees have at least four women (up from 64.1%).
THLLY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
THLLY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jul 23, 2025 | $57.03 | $55.72 | -2.29% |
Mar 04, 2025 | $46.19 | $47.54 | +2.93% |
Jul 23, 2024 | $33.19 | $30.85 | -7.04% |
Mar 05, 2024 | $29.39 | $32.08 | +9.15% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Thales SA Unsponsored ADR (THLLY) report earnings?
Thales SA Unsponsored ADR (THLLY) is schdueled to report earning on Mar 03, 2026, Before Open (Confirmed).
What is Thales SA Unsponsored ADR (THLLY) earnings time?
Thales SA Unsponsored ADR (THLLY) earnings time is at Mar 03, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is THLLY EPS forecast?
Currently, no data Available