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    Home » Dassault Aviation Reports Rise in Net Profit and Decrease in Sales
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    Dassault Aviation Reports Rise in Net Profit and Decrease in Sales

    July 23, 20231 Min Read
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    Dassault Aviation announced on Thursday that its net profit increased while sales declined in the first half of the year, but the company remains confident in its full-year outlook.

    Financial Performance

    The French aircraft manufacturer recorded a net profit of €362 million ($405.6 million) in the first half of the year, compared to €272 million in the same period last year. On an adjusted basis, the profit reached €405 million.

    Meanwhile, sales decreased from €3.11 billion to €2.30 billion. The order intake for the period was €1.68 billion, down significantly from €16.29 billion last year, which included a large order of 80 Rafale aircraft for the UAE and six Rafale aircraft for Greece.

    Supply-Chain Challenges

    Dassault Aviation acknowledged that, like many other players in the industry, it is facing supply-chain issues. The company stated that the situation has worsened since 2022 and is actively working to minimize the negative impact by closely monitoring its suppliers’ production.

    Full-Year Expectations

    Despite the challenges faced, Dassault Aviation stands by its full-year guidance. The company anticipates a decrease in sales compared to 2022 and plans to deliver a total of 15 Rafale aircraft and 35 Falcon jets during the year.

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