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The Falcon business jet family is set to make a stronger contribution to the 2015 financial results of its Dassault Aviation parent, based on the group’s 2014 financial results announced today in Paris. While Falcon deliveries in 2014 slipped from 77 to 66, new aircraft sales increased last year for the first time since 2008. During 2014, Dassault logged 90 new Falcon orders, representing a 40-percent increase on the 64 ordered during 2013.
“For the first time since 2008, we had a higher [Falcon] orders intake than deliveries,” explained Dassault Aviation CEO Eric Trappier at a March 11 press conference. Commenting on how 2015 has started for the French group, he pointed to the February 6 first flight of the new Falcon 8X as a highlight comparable to Dassault’s major export breakthrough in signing a contract to supply 24 Rafale fighters to Egypt.
Adjusted 2014 net profits on Dassault’s net sales of €3.680 billion (down from €4.593 billion in 2013) stood at €398 million (down from €487 million). Dassault said that a heavy level of investment in the new Falcon 8X and 5X accounted for a significant part of this drop. Net margins increased slightly, to 10.8 percent.