Report
Antoine Boivin-Champeaux ...
  • Yan Derocles

Dassault Aviation : The advantage of a dual activity: the military business offsets the weakness of the civil activity

>H1 2020 better than expected… - Yesterday evening, Dassault Aviation published H1 2020 results that were better than expected with adjusted operating profit of € 55m (ODDO BHF: € 2m, H1 2019: € 250m) thanks to sales that were actually more robust than forecast at € 2,641m with the delivery of 7 Rafale Export and 16 Falcon (vs 5 and 13 anticipated, respectively). The 78% decline in operating profit for a 14% decline in sales was notably due to i/ a determination to pr...
Underlying
Dassault Aviation SA

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.

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
Antoine Boivin-Champeaux

Yan Derocles

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