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Thales aims to double sales in Germany -unit head to paper
December 20, 2013 / 7:06 AM / 4 years ago

Thales aims to double sales in Germany -unit head to paper

PARIS, Dec 20 (Reuters) - Thales, Europe’s largest defence electronics group, aims to double its sales in Germany, its fourth-largest market, the head of its German unit said in a newspaper interview.

“We want to double our sales (there) within 10 years,” Peter Obermark told French daily Les Echos.

Thales currently generates sales of around 1 billion euros in Germany, of which 20 percent comes from the defence sector.

Thales posted a 6 percent rise in like-for-like nine months sales to 9.485 billion euros.

Reporting by Dominique Vidalon; Editing by John Stonestreet

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