The market ripples from the COVID-19 pandemic dragged down Thales’ revenues from identity and biometrics in the first half of 2025, according to the company’s first-half results announcement.
The slowdown in sales during the pandemic was followed by a catch-up period that lasted into 2024, the company says, creating an unfavorable comparison as its sales return “to a more usual run rate in 2025.”
Overall the “Cyber & Digital” segment Thales’ digital ID and biometrics business sits within was down 3.7 percent to 1.86 billion euros (approximately $2.15 billion) in the first six months of this year.
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