ENXTPA:HOAerospace & Defense
Is Thales (ENXTPA:HO) Undervalued Following The F126 Frigates Contract Termination?
Thales (ENXTPA:HO) is back in focus after Germany terminated the F126 frigates contract, prompting the group to flag an exceptional mostly non cash charge and to confirm plans to seek compensation.
See our latest analysis for Thales.
Despite the F126 setback and the planned acquisition of the Gorgé family’s stake in Exail, Thales’ 1 day share price return declined 1.64% to €233.7, while its 1 year total shareholder return is down 4.03%. However, it remains very strong at 80.38% over three...