The International Spectator - Dassault says profits slump, but closer to India fighter deal
France’s Dassault Aviation reported on Thursday a profit slump for 2013, but said it was moving closer to sealing a major fighter jet contract with India.
Net profit for the year fell 8.5 percent to 459.45 million euros ($641 million), but total orders intake rose 25 percent to 4.16 billion.
During the year, it recorded 64 orders for its Falcon private jets, up from 58 in 2012.
Defence orders made up just 1.26 billion euros in 2013, up from 793 million euros in 2012.
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France’s Dassault Aviation reported on Thursday a profit slump for 2013, but said it was moving closer to sealing a major fighter jet contract with India.
Net profit for the year fell 8.5 percent to 459.45 million euros ($641 million), but total orders intake rose 25 percent to 4.16 billion.
During the year, it recorded 64 orders for its Falcon private jets, up from 58 in 2012.
Defence orders made up just 1.26 billion euros in 2013, up from 793 million euros in 2012.
Rest of article here.