Dassault Aviation: 2020 first half-year results financial release

KEY FIGURES FOR THE 1 st HALF OF 2020

  H1 2020 H1 2019
Order intake € 984 million

5 Falcon
€ 2,900 million

7 Falcon
Rafale OCM RAVEL
Adjusted net sales (*) € 2,641 million

7 Rafale Export
16 Falcon
€ 3,058 million

10 Rafale Export
17 Falcon
     
  as of June 30, 2020 as of December 31, 2019
Backlog

 
€ 16,193 million

68 Rafale
of which
28 Rafale France
40 Rafale Export
42 Falcon
€ 17,798 million

75 Rafale
of which
28 Rafale France
47 Rafale Export
53 Falcon
     
  H1 2020 H1 2019
Adjusted operating income (*)
Adjusted operating margin
€ 55 million
2.1% of net sales
€ 250 million
8.2% of net sales
Research & Development € 262 million
9.9% of net sales
€ 258 million
8.4% of net sales
Adjusted net income (*)
Adjusted net margin
€ 87 million
3.3% of net sales
€ 286 million
9.3% of net sales
     
  as of June 30, 2020 as of December 31, 2019
Available cash € 3,921 million € 4,585 million

Note: Dassault Aviation recognizes Rafale Export contracts in their entirety (including the Thales and Safran parts).

Main aggregates under IFRS in € million (see reconciliation table in appendix)

( *) Consolidated net sales 2,646 3,066
( *) Consolidated operating income 57 259
( *) Consolidated net income 32 254

Saint-Cloud, July 23, 2020 - The Board of Directors met yesterday under the chairmanship of Mr. Éric Trappier and approved the 2020 half year financial statements. The statutory auditors performed a limited review of these consolidated financial statements and the audit report for certification purposes is being issued.

The Covid-19 epidemic triggered an unprecedented global crisis as to its sanitary and economic consequences, its magnitude, its geographic scope and its duration. 

First of all, I would like to thank, from the bottom of my heart, the healthcare workers who took care of all the patients with an admirable devotion, as well as all the employees of the Group for their involvement and the team spirit they made proof of on a daily basis.

We contributed to the national effort in France by providing our Falcons. Dassault Aviation took part in the operation called “Résilience”, with the French Ministry of Armed Forces, our Falcons flew healthcare workers and medical equipment within France and worldwide. Besides, in the frame of the operation organized by Aviation Without Borders (ASF), our Falcon repatriated and transported healthcare personnel or medical equipment on request.

During this period, Dassault Aviation Group adapted and reorganized its operations to ensure employee safety, and launched a Business Continuity Plan.

Regarding Dassault Aviation Parent Company, after production activities were suspended on March 18, followed by tertiary activities on March 23, business gradually resumed in successive steps from April 3, in an ongoing dialogue with staff representative bodies (including the Central Economic and Social Committee and the Health, Safety and Working Conditions Committee), in accordance with health and social constraints by focusing on remote working and by deploying temporary furlough measures when this was unavoidable. On June 8, further to the national lockdown lifting, on site presence became the norm, together with remote working to cope with the workspace occupancy rate.

1 | 2 | 3 | 4 | 5  Next Page »



Review Article Be the first to review this article
Featured Video
Latest Blog Posts
Alex Carrick, Chief Economist at ConstructConnectThe AEC Lens
by Alex Carrick, Chief Economist at ConstructConnect
Decent, but Decelerating, U.S. Jobs Recovery in July
Sanjay GangalNemetschek Group
by Sanjay Gangal
How BIM is Changing Bridge Engineering
Jobs
GIS Project Manager for VHB at Wethersfield, Connecticut
Applications Programmer Analyst II for Southern Nevada Health District at Las Vegas, Nevada
Applications Programmer Analyst I for Southern Nevada Health District at Las Vegas, Nevada
Upcoming Events
ICBEST 2020 at The Westin Bayshore Vancouver Canada - Aug 31 - 2, 2020
Urban Regeneration and Sustainability 2nd Edition conference at University of East London, London, UK University Way London E16 2RD London United Kingdom - Sep 8 - 10, 2020
Bentley: Livestream On Demand
CADalog.com - Countless CAD add-ons, plug-ins and more.



© 2020 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise