PARIS, July 22 (Reuters) – Thales TCFP.PA stressed Friday that the mature countries helped him to achieve strong organic growth in the first half, allowing him not to count on emerging only. The equipment for the aerospace, defense and security achieved a turnover of 6.85 billion euros in the first half, above the consensus Thomson Reuters I / B / E / S, which stood to 6.571 billion. “The growth also comes from mature countries, this is a new point,” said CEO Patrice Caine reporters. Thales organic growth of 8.9% in the first half, however, remains much higher in emerging with a rate of 14%, twice that of mature countries. In the UK, Thales second market after France, Patrice Caine reiterated not predict the short term impact of Brexit. Thales has made further in the first half organic growth of 5.9% in France, where the group generates 24% of its turnover. The group, which is committed to organic growth of around 5% for 2016, 2017 and 2018, maintained its target for this year, despite its biannual performance above expectations. “It’s much too early to draw any conclusions for the year,” said Patrice Caine. He also reaffirmed his goal to rake in the order of 14 billion euros of orders this year, despite a 13% drop in the first half compared to the first six months of 2015 marked by the contract of Rafale combat aircraft to Egypt. Thales also confirmed its short and medium-term goals, such as its increase forecast 7 and 9% of its operating profit this year and operating margin from 9.5% to 10% in the 2017-2018 horizon. The statement: http://thls.co/2a3HqVj (Cyril Altmeyer and Tim Hepher; Editing by Matthieu Protard)
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