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

Quick Facts

Editors Pick
Yelp Inc. (YELP) on Monday posted a loss for the fourth quarter compared to a profit last year, as higher revenues were offset by increase in operating costs. Yelp said its Chief Financial Officer Rob Krolik was leaving the company. Yelp reported fourth-quarter loss of $22.2 million or $0.29 per share,... Twenty-First Century Fox Inc., (FOXA, FOX) on Monday reported a second-quarter profit that dropped from last year, hurt largely by lower revenues as strong cable and television advertising revenues were offset by lower filmed entertainment division. Earnings for the quarter trumped Wall Street estimates... Toy maker Hasbro Inc. (HAS) reported a profit for the fourth-quarter 2015 that grew about 3.5% from last year. Quarterly net revenues increased 13% from the prior year. Both earnings per share and revenue for the quarter beat analysts' expectations.
comments powered by Disqus
Follow RTT