Thales Raises FY26 Organic Sales Guidance After 9-Month Order Intake Jumps 14%

Thales SA raised its fiscal 2026 organic sales growth forecast to the top end of its 6%-7% range or beyond, after the French aerospace and defense company reported higher third-quarter sales and a 14% jump in nine-month order intake. Nine-month sales totaled €16.422 billion, up 7.6% from €15.255 billion a year earlier, or 8.1% at constant scope and exchange rates. Third-quarter sales rose 9.7% on a reported basis and 8.7% organically to €5.473 billion. Order intake for the nine months reached €19.122 billion, up 14% on both a reported and organic basis. Aerospace orders rose 29% organically, while Defence orders climbed 14%. Defence segment sales grew 13.3% to €9.358 billion, while Aerospace sales rose 3.2% to €4.237 billion. Emerging-market sales grew 14.5%, led by the Near and Middle East. Thales kept its Adjusted EBIT margin target of 12.6% to 12.8% and cited a favorable medium- and long-term outlook.