French aerospace group Dassault Aviation has reported significantly improved sales, earnings, and margins for 2017, although the group’s order intake dropped sharply.
Dassault reported new orders of EUR3.157 billion (USD3.9 billion) for 2017 covering 41 Falcon business aircraft. This compares with EUR9.558 billion in 2016 when the figure was bolstered by an order for 26 Rafale multirole combat aircraft from India.
The current group backlog stands at EUR18.8 billion (2016: EUR20.3 billion) and includes 101 Rafale aircraft (comprising 31 aircraft for France and 70 for export markets).
Sales for the year came to EUR4.8 billion (2016: EUR3.586 billion) and covered deliveries of one Rafale aircraft to France and eight to Egypt.
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