Report
Olfa Taamallah ...
  • Yan Derocles

Dassault Aviation : FY 2023 preview – Financial investments and Thales lessen impact of decline in volumes

>FY 2023: financial investments and Thales offset the decline in volumes - For FY 2023, we are expecting adjusted EBIT of € 368m on sales of € 4,964m (-28.4%, of which -10.3% for Falcon and -36.2% for defence), i.e. a margin of 7.4% (-85bp). Compared with our previous estimates, EBIT has been adjusted by almost -11%, to factor in notably a greater under-amortisation of fixed costs and a weighting of profit-sharing and incentives that we had underestimated. Following t...
Underlying
DASSAULT AVIATION

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Olfa Taamallah

Yan Derocles

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