by Staff Writers
Paris (AFP) Nov 9, 2010
French defence and aerospace group Thales said Tuesday its sales slipped 1.0 percent last year to 13 billion euros, but that it expected to boost its operating margin to six percent this year.
The company, which announces annual results on March 6, said orders rose one 1.0 percent to 13.2 billion euros in 2011.
It said it expected to continue to improve its operating margin from 5.0 percent in 2011 to 6.0 percent in 2012.
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Cash-strapped Europe struggles to up military might
Munich, Germany (AFP) Feb 5, 2012
With little cash to spare for their armed forces, Europeans must deepen military cooperation after incessant US pressure urging old allies to start pulling their own weight. A parade of world defence leaders and experts meeting at the Munich Security Conference issued stark warnings about Europe's place in the global arena if it fails to maintain its military might. With the debt crisis ... read more