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Dassault Aviation posts jump in first-half sales and profit

Dassault Aviation posts jump in first-half sales and profit

- French planemaker Dassault Aviation AM.PA on Wednesday reported higher first-half earnings and kepts targets unchanged as global military spending accelerates and the defence sector is pressed to reduce record order backlogs.

The maker of Rafale warplanes and Falcon business jets reported first-half adjusted operating income up 83% year on year at €330 million ($376.5 million) on net sales that rose 46% to €4.16 billion.

The company generated new orders worth €2.88 billion, down from €8.08 billion a year earlier.

($1 = 0.8766 euros)


(Reporting by Florence Loève
Editing by David Goodman)

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