Dassault Aviation : The business jet market wakes up
>H1 driven by higher-than-anticipated volumes in the military sector - A first glance H1 2019 results might prove misleading. Operating profit largely beat our forecast at € 250m (+125%) for sales of € 3,058m, up 79%, i.e. a margin of 8.2% (+168bp). However, this difference was primarily due to the booking to sales of a development contract in ATL2 (around € 0.4bn est.) as of H1 whilst we had anticipated it for H2, as well as the delivery of 10 Rafale to Qatar vs 8 an...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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