Published by Global Banking and Finance Review
Posted on March 5, 2025
(Reuters) -French planemaker Dassault Aviation reported a rise in its full-year sales on Wednesday, as tensions between major nations fuel defence spending.
Dassault Aviation, the biggest industrial shareholder in defence and technology firm Thales, said its adjusted net sales rose to 6.23 billion euros ($6.62 billion) in 2024, above its annual guidance and up from 4.80 billion euros in 2023.
The group reported an operating income of 519 million euros for the year, compared with 349 million in 2023.
The aircraft manufacturer expects to deliver 25 Rafale and 40 Falcon jets in 2025, resulting in annual revenue of around 6.5 billion euros.
Echoing other leading European aerospace companies, Dassault Aviation said that its 2025 guidance did not include any impact from possible U.S. tariffs and potential European countermeasures.
Dassault Aviation said it is intensifying Rafale production amid ongoing supply chain issues, which began during the COVID-19 pandemic, and since then weighed on the group's deliveries.
The aircraft manufacturer said its order intake amounted to 10.87 billion euros last year, including previously reported orders for 30 Rafale warplanes designated to export markets and 26 Falcon business jets.
The share of defence exports in the yearly order intake was 90%, Dassault Aviation said.
The planemaker Dassault Aviation's order backlog stood at 43.22 billion euros at the end of 2024 and included 220 Rafale warplanes and 79 Falcon business jets, it said.
($1 = 0.9404 euros)
(Reporting by Anna Peverieri and Tim Hepher; Editing by Andrew Heavens and Louise Heavens)
