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Aviation News Item: 01093
24th Jul 2009
Dassault Profits Down Due to Bizjet Order Cancellations
Source: fly-corporate.com
 Dassault released its financial statements for the first half-year 2009 on 22 July. Most notably, the company saw the value of its order book drop by 1 billion euros, due to Falcon order cancellations.
Consolidated Results
For commercial and competition reasons, the Group has decided not to disclose consolidated half-year 2009 order amounts per product (DEFENSE and FALCON).
Consolidated orders: Consolidated half-year 2009 orders amount to EUR (1.13) billion, negative figure owing to FALCON order cancellations due to the crisis.
Consolidated sales: Consolidated half-year 2009 sales amount to EUR 1.38 billion. The export share accounts for 71 %.
Consolidated operating profit: Consolidated half-year 2009 operating profit is EUR 114 million. It accounts for 8.2 % of consolidated half-year sales.
Consolidated net profit: Consolidated half-year 2009 net profit (total Group and net attributable Group profit) amounts to EUR 118 million. It accounts for 8.5 % of consolidated half-year sales.
Net consolidated earnings per share: The net consolidated earnings per share is EUR 11.7 as of June 30, 2009.
Group Activities
First half-year 2009 was marked by:
- the delivery of 26 FALCON
- the FAA and EASA certification granted to the FALCON 2000LX in April, followed by the first deliveries,
- the pursuit of developments in progress (FALCON 900LX, SMS),
The full report can be found at the Company's website:
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