Dassault Aviation : Soaring Falcon orders make a nonsense of the negative valuation of the Falcon business
>B/B of 2.9x for the Falcon and optimism on the Rafale - The nice surprise in the publication was unquestionably the order intake. On one hand the Falcon, with 41 jets (net of cancellations by Russian clients, whereas we expected 30 aircraft), i.e. a book-to-bill of 2.9x in H1, in a market characterised as very active in Europe and the US. And on the other hand, the military segment. Here, it is not the figure of 86 Rafales, which was already known, but the CEO’s comm...
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