Reuters logo
Dassault H1 profits fall, sees pick-up in Falcon deliveries
July 25, 2013 / 7:06 AM / in 4 years

Dassault H1 profits fall, sees pick-up in Falcon deliveries

PARIS, July 25 (Reuters) - French planemaker Dassault Aviation reported lower first-half profits and revenues on lower Falcon business jet deliveries and higher research and development costs on Thursday, but predicted a pick-up in revenue in the second half.

On the eve of a visit by France’s defence minister to India, the maker of luxury jets and Rafale warplanes also stressed the importance of completing a major fighter contract in the country and called for the launch of two new European drone projects.

Dassault Aviation said first-half operating profit excluding its stake in electronics firm Thales fell 23 percent to 187 million euros on revenues which fell 5 percent to 1.826 billion euros. It took in 1.41 billion euros of new orders.

It predicted a rise in full-year Falcon deliveries to 70 units compared with 66 in 2012, and higher full-year revenues. (Reporting by Cyril Altmeyer, Tim Hepher)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below