Dassault Aviation

Paris : AM


April 25, 2013 03:00 ET

Dassault Aviation : Quarterly information as of March 31, 2013

SAINT-CLOUD CEDEX 300, FRANCE--(Marketwired - Apr 25, 2013) -


DASSAULT AVIATION GROUP - Quarterly information as of March 31, 2013

+-------------------------------------------------------------------------+
|Order intake 14 FALCON in the 2013 first quarter compared to 10 in the   |
|             2012 first quarter                                          |
+-------------------------------------------------------------------------+

+-------------------------------------------------------------------------+
|Deliveries   8 FALCON and 3 RAFALE delivered in the 2013 first quarter   |
|             compared to 15 FALCON and 2 RAFALE in the 2012 first quarter|
+-------------------------------------------------------------------------+

+-------------------------------------------------------------------------+
|Net sales    EUR 662 million, down by 30%                                |
+-------------------------------------------------------------------------+

Order intake

2013 first quarter orders amounted to EUR 746 million, compared to EUR 734 million in the 2012 first quarter.

New orders, net of cancellations, stood at 14 FALCON as of March 31, 2013 compared to 10 FALCON as of March 31, 2012. FALCON order intake were valued at EUR 656 million in the 2013 first quarter compared to EUR 450 million in the 2012 first quarter.

Defense orders rose to EUR 90 million as of March 31, 2013 compared to EUR 284 million as of March 31, 2012. They correspond to support and development.

Net sales

Consolidated net sales amounted to EUR 662 million as of March 31, 2013 compared to EUR 950 million as of March 31, 2012, down by 30%.

FALCON net sales amounted to EUR 411 million in the 2013 first quarter compared to EUR 644 million in the 2012 first quarter. Net Sales decreased by 36% between the two periods. 8 brand new aircraft were delivered in the 2013 first quarter compared to 15 in the 2012 first quarter.

DEFENSE net sales decreased by 18% between the two periods, reaching EUR 251 million in the 2013 first quarter compared to EUR 306 in the 2012 first quarter. 3 RAFALE were delivered to the French Air Force and Navy in the 2013 first quarter compared to 2 over 2012 corresponding period. Though, DEFENSE net sales decrease because of the decrease of support and development.

Quarterly figures do not reflect the annual figures.

Financial situation

Consolidated available cash, indicator of the Group's total liquidities net of borrowings, amounted to EUR 3,849 million as of March 31, 2013.

Group activities

Concerning FALCON programs, both FALCON 2000LXS and FALCON 2000S were certified in the 2013 first quarter by the European Aviation and Safety Agency (EASA). FAA certification occurred in April 2013.

First FALCON 2000S delivery occurred in April 2013.

2013 outlook

DASSAULT AVIATION Group expects to deliver around 70 FALCON and 11 RAFALE in 2013. 2013 net sales should be higher than 2012 net sales.

Dassault Aviation : Quarterly information as of March 31, 2013: http://hugin.info/143388/R/1695982/558349.pdf

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Dassault Aviation via Thomson Reuters ONE

[HUG#1695982]

Contact Information