Dassault Aviation : Limited visibility on the Falcon...pending a more favourable product cycle
>A difficult end to the year in business jets - Yesterday morning, Dassault Aviation released figures for 2019 with the military activity in line with our forecasts, thanks to the delivery of 26 Rafale (of which 20 for Qatar, 5 for India and 1 for Egypt, on our estimates) vs 12 in 2018, but a clear disappointment in the civil segment. Only 40 Falcon aircraft (vs 41 in 2018) were delivered vs our forecast (and the group’s official guidance) for 45. Whilst we had been s...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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