Thales (FR:HO) has released an update.
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Thales is under investigation by both the Parquet National Financier in France and the Serious Fraud Office in the UK regarding a contract in Asia, but the company denies the allegations and is cooperating fully with authorities. With a strong focus on innovation, Thales invests heavily in research and development, contributing to its significant presence in the defence, aerospace, and cyber sectors. In 2023, Thales reported sales of €18.4 billion, underscoring its role as a major player in global technology.
For further insights into FR:HO stock, check out TipRanks’ Stock Analysis page.
