France's Thales sees revenue and profit growth after cyber expansion
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Thales, a defense and technology firm, has set new targets for the next four years, expecting to achieve over 25 billion euros in revenues by 2028, driven by its investments in cybersecurity.
November 14, 2024 | 6:30 am
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Thales has announced new revenue targets, expecting to surpass 25 billion euros by 2028, largely due to its investments in cybersecurity.
Thales' announcement of ambitious revenue targets, driven by its decade-long investments in cybersecurity, suggests a positive growth trajectory. This is likely to boost investor confidence and positively impact the stock price in the short term.
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