DASSAULT AVIATION Group Quarterly information as of September

DASSAULT AVIATION Group Quarterly information as of September 30,
2012 
SAINT-CLOUD CEDEX 300, FRANCE -- (Marketwire) -- 10/18/12 --  


 
 
                            DASSAULT AVIATION Group
                 Quarterly information as of September 30, 2012
+-------------------------------------------------------------------------+
| Order intake   37 FALCON compared to 30 as of September 30, 2011        |
+-------------------------------------------------------------------------+

 
+-------------------------------------------------------------------------+
| Deliveries  43 FALCON and 6 RAFALE                                      |
|             compared to 35 FALCON and 7 RAFALE as of September 30, 2011 |
+-------------------------------------------------------------------------+

 
+-------------------------------------------------------------------------+
| Net sales      EUR 2,521 million, up by 22%                             |
+-------------------------------------------------------------------------+

Order intake and backlog 
2012 first nine months orders amounted to EUR 2,142 million (*),
compared to EUR 2,065 million  over the  2011 same period.  Export
represented  79% of total new orders. 
New  orders, net of  cancellations, stood at  37 FALCON over the 2012
first nine
months  compared  to  30 FALCON in  the  2011 same  period.
 FALCON order intake
reached EUR 1,598 million as of September 30,
2012 compared to EUR 1,391 million
as of September 30, 2011. 
Defense orders stood at EUR 544 million over the 2012 first nine
months compared
to  EUR 674 million as of September  30, 2011. Order
intake consisted of support
and  development.  It  decreased  by  19%
compared  to  2011 same  period which
included,  in particular, the
contract for the upgrade of the Indian Air Force's
MIRAGE 2000 fleet. 
As  of September  30, 2012, consolidated backlog  amounted to  EUR
8,283 million
compared to EUR 8,751 million as of December 31, 2011,
down by 5%. 
(*)  from then on, the Group is in  line with other listed groups
practice as it no  longer posts up order  intake with the annual 
variation of the EUR/$ exchange
rate in the backlog. 
Net sales 
Consolidated  net sales amounted to EUR  2,521 million as of
September 30, 2012
compared to EUR 2,066 million over the 2011 first
nine months, up by 22%. Export
net sales represented 78% of total net
sales. 


 
+----------------+-------+-------+-----------+
| (EUR million)  | 2011  | 2012  | Variation |
+----------------+-------+-------+-----------+
| First quarter  |  646  |  950  |  + 47 %   |
+----------------+-------+-------+-----------+
| Second quarter |  671  |  979  |  + 46 %   |
+----------------+-------+-------+-----------+
| Third quarter  |  749  |  592  |  - 21 %   |
+----------------+-------+-------+-----------+
| TOTAL          | 2,066 | 2,521 |  + 22 %   |
+----------------+-------+-------+-----------+

 
FALCON  net sales  increased by  28% between the  two periods.  FALCON
net sales
reached EUR 1,880 million as of September 30, 2012 compared
to EUR 1,474 million
as  of  September  30, 2011. 43 FALCON  were 
delivered  in  the 2012 first nine
months, compared to 35 as of
September 30, 2011. 
FALCON  net sales represented  75% of total net  sales as of
September 30, 2012
compared to 71% as of September 30, 2011. 
6 RAFALE  were delivered  to French  Air Force  and Navy  in the 2012
first nine
months,  compared to 7 in the 2011 same  period.
Nevertheless, Defense net sales
showed an 8% upturn due to an
increase in support and development activities. 
The book-to-bill ratio reached 0.85. 
Financial situation 
Consolidated  available cash, indicator of the  Group's total
liquidities net of borrowings,  reached EUR 3,606 million as  of
September 30, 2012 compared to EUR 3,274 million as of December 31,
2011. 
Group activities 
Regarding  business jets, 2012 first nine months  were marked by the
progress of the  FALCON 2000S flight  tests, with,  in particular, 
the demonstration of low speed  performances better than expected, 
and the FALCON 900LX "steep approach"
certification. 
Regarding  military activities, 2012 first nine months were marked by
the RAFALE
selection by India as the winner of MMRCA competition and
the start of exclusive
negotiations  with the  Indian Air  Force.
Indian  MIRAGE 2000 modernization has continued during 2012. 
Concerning UCAV (Unmanned Combat Air Vehicles):   * ground tests
continued in Istres for the Unmanned Combat Air Vehicle nEUROn, 
as well as software integration tests in order to achieve the maiden
flight. 
nEUROn  program, with  DASSAULT AVIATION  as prime 
contactor, involves five 
European industrial partners. 
* a  preparatory  study  proposal,  in  cooperation  with BAE
Systems, for the     launch  of a UCAS (Unmanned Combat Air System)
combat drone demonstrator was     submitted  to the French DGA  and
the UK Ministry  of Defense and led to the     attribution of a
preliminary study contract on July 24(th), 2012. 
Concerning UAV MALE (Medium Altitude Long Endurance), 2012 first nine
months
were marked by:   * the proposal to the French Government of
an interim MALE drone system, based 
on the HERON-TP developed by
IAI, 
* the  submission  to  the  French  DGA  and  the  UK Ministry of
Defense of a     proposal for a preparatory study for a MALE drone
system in cooperation with 
BAE Systems. 
2012 outlook 
DASSAULT  AVIATION Group  expects to  deliver around  65 FALCON and
11 RAFALE in 2012. Net sales should be higher than 2011 net sales. 
More information on: www.dassault-aviation.com/finance 
DASSAULT AVIATION Group Quarterly information as of September 30,
2012: http://hugin.info/143388/R/1650078/532074.pdf 
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Source: Dassault Aviation via Thomson Reuters ONE 
[HUG#1650078] 
Contact:
Stephane Fort
Corporate Communication
Tel. : + 33 (0)1 47 11 86 90
 
 
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