Thales posts 9% higher 9-month sales and orders, keeps targets

Core Viewpoint - Aerospace group Thales reaffirmed its financial targets following higher than expected nine-month revenues and new orders, driven by increased defence spending and demand for avionics [1] Financial Performance - Thales reported nine-month revenues that exceeded expectations, indicating strong financial performance [1] - The company also secured new orders during this period, reflecting robust market demand [1] Market Drivers - The growth in revenues and orders was primarily led by increased defence spending, highlighting a trend in the aerospace and defense sector [1] - Demand for avionics also contributed significantly to the company's performance, showcasing a positive outlook for this segment [1]