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March 7, 2022

France’s Dassault Aviation reports net sales of $7.8bn in 2021

Dassault Aviation’s total order intake in 2021 amounted to €12.08bn.

French military and business jet manufacturer Dassault Aviation has reported annual adjusted net sales of $7.84bn (€7.23bn), in 2021.

The figure represents a nearly 32% increase, compared to the €5.48bn reported in 2020.

The company’s order intake totalled €12.08bn, compared to €3.46bn in 2020.

The defence order intake amounted to €9.16bn. Last year, the figure was €1.55bn.

Adjusted operating income increased from €261m, in 2020, to €527m in 2021 while adjusted net income rose nearly 75% on a year-on-year basis, to €693m.

As of 31 December 2021, the order backlog was €20.76bn.

Last year, the company received orders for 49 new Rafale jets, bringing the backlog to a total of 86 new jets, including 46 units for export.

It also signed a contract to deliver 80 Rafale aircraft to the United Arab Emirates (UAE).

Dassault Aviation chairman and CEO Éric Trappier said: “For Dassault Aviation, 2021 was a good year for both civil aviation and military sectors, with an exceptional order intake of 100 aircraft, 49 Rafale and 51 Falcon, and net sales of €7.2 billion.

“In addition, the group delivered 30 Falcon, compared with the guidance of 25, and 25 Rafale, consistent with the guidance.”

As of 31 December 2021, the company has approximately €4.87bn in available cash.

The Dassault Aviation board has also decided to propose a dividend distribution of €2.49 per share this year, totalling €208m.

Last year, Dassault Aviation joined CNRS and European universities to launch a joint research laboratory, Innovative Functional Materials for Aviation (MOLIERE).

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