France · Delayed Price · Currency is EUR Dassault Aviation société anonyme Earnings Call Transcripts
Fiscal Year 2025
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Orders and sales reached record highs, with strong export growth and a €46.6B backlog. Key contracts in India and UAE, new production facilities, and digital/AI investments drive future growth. FCAS program faces partnership challenges with Airbus.
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Order intake surged 57% to €8.1B, with strong Rafale exports and a 12% rise in sales. Net income fell to €386M due to higher taxes and a lower margin from new Falcon deliveries. Guidance for €6.5B sales and 65 aircraft deliveries in 2025 is maintained.
Fiscal Year 2024
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2024 saw record sales, a €43.2B backlog, and €1B net income, driven by strong Rafale exports and Falcon ramp-up. Guidance for 2025 is €6.5B sales, with risks from supply chain issues and potential US tariffs.
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Ongoing political and supply chain uncertainties are impacting operations, but a strong order backlog, modernization of facilities, and strategic investments support continued growth. Optimism remains for meeting delivery targets and expanding sales, especially with new Falcon models.