Corrected: BUZZ-Dassault Aviation rises after 'stellar H1 performance'
CORRECTED-BUZZ-Dassault Aviation rises after 'stellar H1 performance' Corrects adjusted net sales increase to 46% from 43% in para 2
** Shares in Dassault Aviation AM.PA up 7.6% after a "stellar H1 performance"
** The maker of Rafale warplanes and Falcon business jets reported H1 adjusted operating income up 83% year-on-year- at €330 million ($376.96 million) and an adjusted net sales increase of 46% YOY
** "The revenue outperformance was largely driven by the achievement of development and support milestones" says Berenberg
** The brokerage says full-year guidance is unchanged but it has significantly "de-risked" after the half-year print
** "H1 confirms that the Rafale ramp is translating into stronger earnings quality, with a better mix and clearer operating leverage," says Alpha Value
** Alpha Value adds Falcon demand is also recovering but execution stays constrained by the supply chain back-end-loaded delivery plan
** Share on track for a best day since March 2025
($1 = 0.8754 euros)
(Reporting by Margaux Perrin in Gdansk)
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