Thales Sa · EURONEXT:HO

Thales Sa — 9M 2004 Earnings Presentation

9 slides from Thales Sa's earnings presentation, Nov 9, 2004

  1. Slide 1: Sales at end-September 2004

    Sales at end-September 2004 9 November 2004 November 2004 1

  2. Slide 2: Sales variations at 30 September 2004

    Sales variations at 30 September 2004 (€m) 9 months 2003 6,569 Exchange impact 1 Scope of consolidation impact (215) Organic change 220 9 months 2004 6,575 November 2004 Total change + 0.1% Organic change + 3.5% 2

  3. Slide 3: Exchange rate fluctuations

    Exchange rate fluctuations „Variation of the euro vs GB US AUS Kor. pound dollar dollar won* Average rates „ 9 months 2003 0.6925 1.1197 1.7659 1.3360 „ 9 months 2004 0.6727 1.2209 1.6827 1.4188 change - 2.9% + 9% - 4.7% + 6.2% Closing rates at end-Sept 2004 0.6868 1.2409 1.7212 1.4294 * : per 1000

  4. Slide 4: Sales by division

    Sales at 30 September 2004 by division €6.6 Bn Other Services Aerospace 12% 21% Security 11% 13% 18% Air systems Naval 23% November 2004 Land & Joint systems 4

  5. Slide 5: Geographical breakdown of sales

    Geographical breakdown of sales at 30 September 2004 By origin €6.6 Bn By destination 5% Rest of world 7% 9% 9% N&M East 10% North America 15% Asia-Pacific 52% France 27% United 15% 18% Kingdom 12% Other Europe 19% November 2004 5

  6. Slide 6: Sales by division

    Sales by division at 30 September 2004 (in €m) 9 months 9 months Change org. 2003 2004 total organic H1 „ Aerospace 1,328 1,364 + 3% + 3% + 4% „ Air systems 970 868 - 10% - 9% - 9% „ Land & Joint systems 1,459 1,519 + 4% + 4% +4% „ Naval 1,081 1,199 + 11% + 10% +5% „ Security 671 744 + 11% + 12% + 1

  7. Slide 7: Back-up

    + S S Q a © a € a) > iS) Zz 7 THALES

  8. Slide 8: Third quarter sales by division

    Third quarter sales by division (in €m) Q3 Q3 change 2003 2004 total organic „ Aerospace 388 385 - 1% - 1% „ Air systems 308 266 - 14% - 11% „ Land & Joint systems 451 453 0% - 3% „ Naval 281 363 + 29% + 29% „ Security 216 238 + 10% + 15% „ Services 266 278 + 5% + 1% „ Others 11 16 - - „ On-going ac

  9. Slide 9: Sales by business area

    Sales at 30 September 2004 by business area (in €m) 9 months 9 months change H1 organic 2003 2004 total organic growth „ Defence 3,881 4,025 + 4% + 4% + 3% „ Aerospace 1,150 1,133 - 1% - 2% - 2% „ IT & S 1,458 1,325 - 10% + 6% + 8% „ Others 70 91 - - - Total 6,569 6,575 + 0% + 3.5% + 3% November 200

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