Dassault Aviation: Financial Release - July 19, 2018

 

3.2       Customer support


Civil customer support:

With respect to Falcon customer support, in the first half of 2018, we:

  • continued to expand our network with the approval of a new service center in Canada (Toronto),
     
  • marketed new services and technical solutions for the fleet including broadband connectivity (Ka for F900, Ku and 4G for 7X),
     
  • implemented specific support for the FIFA World Cup in Russia and the Olympic Winter Games in Korea,
     
  • organized 8 Maintenance and Operations seminars that brought together more than 750 Falcon operators, representing more than 1,200 people with partners.

Military customer support:

As regards military customer support, we:

  • continued supporting Rafale aircraft in service delivered to France and Egypt,
     
  • continued to conduct Major Visits or periodic visits of Mirage 2000 and AlphaJet fleets in Qatar and the Mirage 2000-9 fleet in the United Arab Emirates,
     
  • supported the Mirage 2000 fleet for French and foreign armed forces.

It should be noticed that, in June 2018, the Mirage 2000N was retired from operational service after 30 years in the French forces.

4.   ADJUSTED CONSOLIDATED RESULTS of THE 1 st HALF OF 2018

4.1       Order intake

Order intake in the first half of 2018 was EUR 2,807 million, compared with EUR 1,415 million in the 1st half of 2017 (IFRS 15 pro forma). Export represented 92%.

The change in order intake was as follows, in EUR millions:

  Defense Falcon Total %
Export
  France Export
2017 1st half 221 172 1,022 1,415 83%
28% 72%
2018 1 st half 231 1,354 1,222 2,807 92%
56% 44%

 

The order intake item is entirely composed of firm orders.

Falcon programs

During the 1st half of 2018, 18 Falcon were ordered including Falcon 5X cancellations and 1st Falcon 6X orders, compared to 14 orders over the 1st half of 2017.

Falcon orders represented EUR 1,222 million in the 1st half of 2018, compared with EUR 1,022 million in the 1st half of 2017 (IFRS 15 pro forma). This rise results from an increase in orders for new aircraft.

Defense programs

Defense orders stood at EUR 1,585 million during the first half of 2018, compared to EUR 393 million during the first half of 2017 (IFRS 15 pro forma).

The increase in Defense Export orders, EUR 1,354 million during the first half of 2018 compared with EUR 172 million during the first half of 2017 (IFRS 15 pro forma) is mainly due to the entry into force of the 12 Rafale option of Qatar.

4.2       Net sales

Adjusted consolidated net sales for the first half of 2018 were EUR 1,709 million, compared to EUR 2,068 million for the first half of 2017 (IFRS 15 pro forma). Export represented 80% in the first half of 2018.

The change in net sales was as follows, in EUR millions:

  Defense Falcon Total %
Export
  France Export
2017 1st half 226 693 1,149 2,068 86%
44% 56%
2018 1 st half 288 234 1,187 1,709 80%
31% 69%

Falcon programs

15 Falcon were delivered in the 1st half of 2018, compared to 17 in the 1st half of 2017.

Falcon net sales for the 1st half of 2018 were EUR 1,187 million, compared to EUR 1,149 million for the 1st half of 2017 (IFRS 15 pro forma).

Defense programs

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7  Next Page »



Review Article Be the first to review this article
Featured Video
Latest Blog Posts
Anupam BakshiAgnisys Automation Review
by Anupam Bakshi
Automating UVM-Based IP and SoC Functional Verification
Harry FosterGuest Blogger
by Harry Foster
Calling All Data Scientists!
Jobs
SIM COE - Engineering Automation for Micron Technology, Inc. at San Jose, California
FPGA DESIGN for L3Harris at Burlington,, Canada
Quality Engineer for Novanta at Bedford, Massachusetts
Computer Engineer - Engineering Automation for Micron Technology, Inc. at Atlanta, Georgia
Upcoming Events
LoRaWAN World Expo at Palais des Congrès Paris France - Jul 6 - 7, 2022
Design Automation Conference 2022 at Moscone West Center San Francisco CA - Jul 10 - 14, 2022
SEMICON West & FLEX Conference & Exhibition at Moscone Center San Francisco, CA - Jul 11 - 14, 2022
2022 International Test Conference at Disney Land Hotel Anaheim CA - Sep 26 - 29, 2022



© 2022 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise