logo
Share SHARE
FONT-SIZE Plus   Neg

Dassault Aviation 2011 Net Profit Incl. THALES Rises - Quick Facts

Dassault Aviation (DUAVF.PK) reported 2011 net income, including THALES, of 407 million euros, up 10% from last year.

Excluding THALES, net income was 282 million euros, lower than 395 million euros a year ago.

Consolidated net sales declined to 3.31 billion euros from 4.19 billion euros in the prior year.

Charles EDELSTENNE, Chairman and CEO of the Group, stated,

" 2011 is marked, as expected, by a net sales significant decrease. This decrease results from a noticeably lower number of business jets deliveries compared to 2010, our Falcon historical delivery record.

However, 2011 net income is improving, thanks to Thales contribution. Thales 2011 good results are in line with their forecast..."

Going forward, DASSAULT AVIATION Group expects to deliver around 65 FALCON and 11 RAFALE in 2012. Net sales should consequently remain even.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
H&R Block, Inc., the largest U.S. tax preparer, said Wednesday after the markets closed that its third quarter loss narrowed sharply from last year, as revenue surged due to an earlier opening of the Internal Revenue Service's e-file system this tax season. The company's quarterly loss per share also smaller than analysts estimated, but its quarterly revenue fell short of analysts' forecast. Microsoft co-founder Paul Allen's maritime plunge took an exciting yet somber turn, after he found the wreck of a once-feared World War II Japanese battleship that met its doom by enemy torpedoes decades ago near the Philippines. A new study reveals that more large companies in the U.S. are run by men with the names John, Robert, William or James than the total number of women CEOs. For each women CEO of S&P 1500 companies there are four men CEOs named John, Robert, William or James, according to a study conducted by the New...
comments powered by Disqus
Follow RTT