Dassault Aviation SA
PAR:AM

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Dassault Aviation SA Logo
Dassault Aviation SA
PAR:AM
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Price: 271 EUR 0.07%
Market Cap: 21.2B EUR

Dassault Aviation SA
Investor Relations

Dassault Aviation SA is a prominent figure in the aerospace sector, crafting a reputation for its cutting-edge design and engineering expertise. Rooted in the tradition of its founder, Marcel Dassault, the company has seamlessly navigated the complex interplay between military and civilian aviation needs since its inception. Dassault’s hallmark lies in its meticulous craftsmanship of military jets, notably the famed Rafale fighter, which has become a cornerstone of its operations. This multifaceted aircraft not only exemplifies the company’s technological prowess but also serves as a strategic instrument in national defense frameworks across the globe. The Rafale's performance and adaptability in various combat scenarios drive substantial revenue through government contracts. These long-term agreements not only secure steady income but also ensure Dassault’s continued involvement in defense innovation and international military collaborations.

Complementing its military segment is Dassault’s strategic venture into the luxury private jet market with the Falcon series. These aircraft are a testament to the company’s ability to transpose its high-performance military technology into bespoke civilian planes, catering to a clientele that demands sophistication and reliability. The Falcon jets, with their blend of advanced technology and opulent design, appeal to affluent individuals and corporate entities, enriching Dassault’s revenue streams. This dual focus on military and civilian aviation allows Dassault Aviation to maintain a robust financial posture, characterized by diversified income sources and resilience against fluctuations in either market. As a stalwart of the aerospace industry, Dassault continues to innovate, sticking steadfastly to its dual strategy of leveraging military advancements to enhance civilian aircraft offerings, ensuring its esteemed place in the global aviation arena.

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Last Earnings Call
Fiscal Period
Q4 2021
Call Date
Mar 4, 2022
AI Summary
Q4 2021

Strong Order Recovery: Dassault Aviation saw a major rebound in orders in 2021, booking 49 Rafale fighter jets and 51 Falcon business jets after a slow 2020 due to COVID.

Record Rafale Export Contracts: The company signed landmark deals for the Rafale, including 80 jets for the UAE and 42 for Indonesia, though these aren't yet in the 2021 backlog.

Sales and Deliveries: Net sales reached €7.2 billion, driven by 30 Falcon and 25 Rafale deliveries. This beat the Falcon delivery guidance of 25.

Profit Rebound: Net profit jumped to €693 million with a net margin of 9.6%, and earnings per share rose to €8.3 from €4.8 last year.

Strong Backlog: The order backlog stood at €20.8 billion at year-end, with new orders and major contracts set to further boost it in 2022.

Production and Supply Chain: The company highlighted ongoing supply chain challenges but is planning to ramp up production to meet large export orders.

2022 Guidance: Dassault expects to deliver only 13 Rafale and 35 Falcon jets in 2022, with sales expected to decrease due to lower Rafale deliveries.

Key Financials
Order Intake
€12.1 billion
Net Sales
€7.2 billion
Net Profit
€693 million
Net Margin
9.6%
Earnings Per Share
€8.3
Available Cash
€4.9 billion
Order Backlog
€20.8 billion
Falcon Deliveries
30
Rafale Deliveries
25
Falcon Orders
51
Rafale Orders
49
Dividend Per Share
€2.49
Self-financed R&D
7.6%
2022 Rafale Delivery Guidance
13
2022 Falcon Delivery Guidance
35
Earnings Call Recording
Other Earnings Calls
2021
2019
2018

Management

Mr. Eric Trappier
Chairman & CEO
No Bio Available
Mr. Loik Segalen
Chief Operating Officer
No Bio Available
Mr. Denis Dasse
Chief Financial Officer
No Bio Available
Mr. Stéphane Fort
Chief Communication Officer
No Bio Available
Jean-Marie Albertini
Senior Vice President of Sales
No Bio Available
Ms. Valerie Guillemet
Senior Vice President of Human Resources
No Bio Available
Mr. Bruno Chevalier
Senior Executive Vice President of Military Customer Support
No Bio Available
Mr. Carlos Brana
Senior Executive Vice President of Civil Aircraft
No Bio Available
Mr. Jean-Marc Gasparini
Senior Vice-President of Military & Space Programs
No Bio Available
Mr. Frederic Petit
Senior Vice President of Falcon Programs
No Bio Available

Contacts

Address
ILE-DE-FRANCE
Paris
9, Rond-Point des Champs-Elysees, Marcel-Dassault
Contacts