Report
Antoine Boivin-Champeaux ...
  • Yan Derocles

Dassault Aviation : Upturn in business jets confirmed

>Results in line thanks to a fall in R&D and the dollar - Dassault Aviation has reported sales of € 1,709m, well below our estimates (€ 1,980m) and those of the market, and also H1 2017 figures (€ 2,068m). This contraction is the combination of an expected fall in Falcon deliveries from 17 to 15, a less expected decline (in its magnitude) of Rafale deliveries (from 4 to 2) and of military export support. Despite disappointing sales figures, adjusted operating 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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Matthias Desmarais
  • Matthias Desmarais

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