Thales (OTCPK:THLEF)

$ 164.45 0 (0%) Market Cap: 32.70 Bil Enterprise Value: 37.69 Bil PE Ratio: 22.21 PB Ratio: 4.21 GF Score: 86/100

Q1 2020 Thales SA Corporate Sales Call Transcript

Apr 28, 2020 / 06:30AM GMT

Release Date Price: $74.75

Transcript

Operator

Good morning, ladies and gentlemen, and thank you for standing by. Welcome to today's Thales Q1 2020 Order Intake and Sales Results. (Operator Instructions) I must advise you that this conference is being recorded today. I'd now like to hand the conference over to Mr. Bertrand Delcaire, VP, Head of Investor Relations. Please go ahead, sir.

Bertrand Delcaire

Thales S.A. - Head of IR & VP

Yes. Hello. Good morning. Welcome, and thank you for joining us for the presentation of Thales' Q1 2020 Order Intake and Sales. I'm Bertrand Delcaire, the Head of Investor Relations at Thales. And I hope you have not been too much affected by the ongoing COVID-19 crisis. With me today are Patrice Caine, Chairman and CEO; and Pascal Bouchiat, CFO of Thales. As usual, this presentation is also webcast live on our website at thalesgroup.com, where the slides and press release are also available for download. A replay of the call will be available later today.

Considering the context, we thought, it would be useful to start with an update on the impact of the crisis on

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