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French company Thales raises 2021 sales goal after solid H1

French company Thales raises 2021 sales goal after solid H1 Reuters 18 hrs ago © Reuters/Regis Duvignau FILE PHOTO: The logo of French defence and electronics group Thales is seen at the company s headquarters in Merignac near Bordeaux PARIS (Reuters) - France s Thales raised its full-year revenue target after posting first-half revenues up by 9.8% on a like-for-like basis, led by commercial space and defence. Europe s largest defence electronics company, whose systems range from radar to rail, and biometric sensors to satellites, said the increase reflected a broad rebound compared with the worst stages of the pandemic, except for civil aerospace. New orders rose 37% to 8.244 billion euros ($9.70 billion), led by major satellite contracts in Europe and Indonesia.

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