Home / APAC / 2013 sales for transport segment recorded €1,481m, Thales Annual Report

2013 sales for transport segment recorded €1,481m, Thales Annual Report

 “In 2013, Thales achieved a substantial improvement in operating profitability and a very strong growth of order intake in emerging countries”  said Jean-Bernard Lévy, Chairman & Chief Executive Officer, Thales. 

In the Transport segment, new orders amounted to €1,492m, compared to €1,653m in 2012 (during which several high unit value contracts were notified: mainline rail in Denmark and urban rail in  Singapore). However, 2013 witnessed several significant commercial successes, particularly in emerging  markets: mainline rail signalling contracts in South Africa (Cape region) and in Egypt (Cairo-Alexandria line) and metros in China (Hong Kong, Guangzhou, Nanjing) and in Latin Ameri ca (Santiago).

Sales for Transport segment recorded €1,481m, compared to €1,535m at end of 2012 (-2% at constant  exchange rates and scope). Signalling activity sales were slightly up due to recent order intake while only  partially offsetting lower sales in ticketing due to some major contracts coming to an end.

In 2014, order intake in emerging markets should continue to increase, with a double digit growth expected for  , allowing to offset the expected fall of order intake from mature countries, particularly in defence  markets.
Sales should remain stable.

Check Also

Nokia's communications network to support railway operations on Malaysia's first mass rapid transit line

Nokia’s communications network to support railway operations on Malaysia’s first mass rapid transit line

Nokia has supplied a mission-critical communications network to LG CNS – a Korea-based systems integrator …

Leave a Reply

Your email address will not be published. Required fields are marked *