Dassault Aviation : H1 beats forecasts and strong acceleration in Falcon orders
>H1 2021 beats forecasts - H1 2021 results reported yesterday evening beat expectations with an operating profit of € 175m (ODDO BHF: € 163m, consensus: € 155m) for sales of € 3.1bn (+18%), i.e. a margin of 5.6% (+355bp versus H1 2020 but still 257bp down on H1 2019). The gap with our forecasts is due to the delivery of an additional export Rafale and an additional Falcon as well as lower R&D outlays (delta of € 14m). The release is marked by an under-absorption of fi...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.
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