August 26, 2016 10:19 AM ET

Aerospace and Defense

Company Overview of DCNS SA

Company Overview

DCNS SA designs, manufactures, and supports submarines and surface ships, and surface naval systems for naval shipyards and bases worldwide. It offers offshore patrol vessels, multi-mission vessels, naval integration of observation drones, combat systems, maritime surveillance and security systems, and transfer of technology; multi-mission frigates, corvettes, projection and command ships, mine warfare, submarine weapons for ships, naval integration of tactical drones, diesel submarines, submarine weapons, and naval-system cyber defense; and nuclear submarines, aircraft carriers, control systems, replenishment tankers, tidal turbines, ocean thermal energy conversion products, and floating wi...

40/42, rue du docteur Finlay

Cedex 15

Paris,  75732

France

Founded in 1631

Phone:

33 1 40 59 50 00

Fax:

33 1 40 59 56 48

Key Executives for DCNS SA

Chairman and Chief Executive Officer
Age: 61
Chief Operating Officer, Executive Vice President and Member of Executive Board
Senior Vice President of Surface Ships & Naval Systems Division and Member of Executive Board
Deputy Managing Director, Executive Vice President and Member of Executive Board
Senior Vice President of Submarines Division and Member of Executive Board
Compensation as of Fiscal Year 2016.

DCNS SA Key Developments

DCNS Announces Consolidated Earnings Results for the Half Year Ended June 30, 2016; Provides Earnings Guidance for the Full Year of 2016

DCNS announced consolidated earnings results for the half year ended June 30, 2016. For the half year, the company reported revenues of €1,441 million against €1,464 million a year ago. EBITA was €40.1 million against €20.2 million a year ago. Net income was €44.6 million against €26.5 million a year ago. This positive momentum shows that actions implemented within the progress plan and the overall performance agreement framework have yielded their first results and contribute to the improvement of its competitivity and its profitability. The company provided earnings guidance for the full year of 2016. The company confirms the perspectives outlined in early 2016: moderate revenue growth, continuing improvement of the result and operational profitability. The net result progression shall be in the order of 10 to 15 % by comparison to 2015.

DCNS SA, Board Meeting, Jul 20, 2016

DCNS SA, Board Meeting, Jul 20, 2016. Agenda: To review earnings results for the first half-year ended June 30, 2016.

DCNS and Onera Sign Framework Agreement to Jointly Work on Naval and Maritime R&D Projects

DCNS and Onera have signed a framework agreement to jointly work on naval and maritime R&D projects. The proposed projects will focus on areas such as aerodynamics, hydrodynamics, materials, navigation, above-surface detection and drones and robotics, as well as prospective studies. DCNS and Onera share expertise and resources to promote and accelerate the development process.

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