Dassault Aviation : A challenging H1 – poor visibility in bizjets vs swift return to normal in defence
>Deliveries penalised by COVID-19 in H1 - Despite site closures that lasted more than two weeks (18 March to 6 April) and a very gradual increase in on-site presence (50% mid-May and target of 100% at the end of June), we expect deliveries to be at a decent level in H1 2020. In the military segment, we expect the delivery of 5 Rafale fighter jets (vs 10 in H1 2019) including 2 for Qatar and 3 for India. In the civil segment, Cirium reported the shipment of 13 Falcon b...Dassault Aviation is a player in the civil and military aviation industry. Co. designs, manufactures and sells combat aircraft under the names Rafale, Mirage 2000, nEUROn and executive jets under the name Falcon (Falcon 7X, Falcon 900LX, Falcon 2000LX) and business jets. Co. produces combat aircraft. Rafale is a fighter aircraft with a "delta-canard" configuration. Mirage 2000 is a combat aircraft operated in environments ranging from deserts to tropical forests. nEUROn is an unmanned combat aircraft vehicle demonstrator. Falcon is used for passenger transportation by entrepreneurs, executives of companies and governments. Co. also offers maintenance services, follow up and repair services.
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.
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