{"id":41010,"date":"2018-07-20T13:29:08","date_gmt":"2018-07-20T13:29:08","guid":{"rendered":"https:\/\/one.sightlinemg.com\/defensenews\/uncategorized\/2018\/07\/20\/dassault-reports-net-profit-spike-in-first-half-of-2018-thanks-to-mideast-deals\/"},"modified":"2026-08-07T23:15:26","modified_gmt":"2026-08-07T23:15:26","slug":"dassault-reports-net-profit-spike-in-first-half-of-2018-thanks-to-mideast-deals","status":"publish","type":"post","link":"https:\/\/one.sightlinemg.com\/defensenews\/industry\/2018\/07\/20\/dassault-reports-net-profit-spike-in-first-half-of-2018-thanks-to-mideast-deals\/","title":{"rendered":"Dassault reports net profit spike in first half of 2018 thanks to Mideast deals"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">PARIS \u2014 French fighter manufacturer Dassault Aviation has <a href=\"https:\/\/www.defensenews.com\/industry\/2018\/04\/23\/dassault-aviation-tours-india-to-promote-industrial-partnership-opportunities\/\" target=_blank>reported a rise in net profit<\/a> from the first half of 2018 to \u20ac186 million (U.S. $216 million), from \u20ac166 million a year ago. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That net profit was 10.9 percent of sales, which slipped to \u20ac1.7 billion from \u20ac2.1 billion, the company announced July 19.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Dassault has replied to India\u2019s request for information for 57 fighters for the present and future aircraft carriers of the Indian Navy, and also replied to an RFI for a further 110 fighters for the Indian Air Force, Dassault Chairman and CEO Eric Trappier said at the news conference about the financial results.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Operating profit fell to \u20ac111 million from \u20ac121 million, with the former rising to 6.5 percent of sales from 5.9 percent. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Orders rose to \u20ac2.8 billion from \u20ac1.4 billion, <a href=\"https:\/\/www.defensenews.com\/industry\/2018\/03\/30\/qatar-makes-down-payment-to-dassault-for-12-more-rafale-jets\/\" target=_blank>boosted by Qatar<\/a> exercising an option to order a further 12 Rafale fighter jets, adding to a previous order of 24 units. <\/p>\n\n\n\t<aside class=\"smg-interstitial-link wp-block-smg-interstitial-link\">\n\t\t<a href=\"https:\/\/one.sightlinemg.com\/defensenews\/training-sim\/2018\/06\/07\/france-is-deploying-forces-to-the-indo-pacific-for-more-than-just-a-drill\/\" class=\"smg-interstitial-link__inner\">\n\t\t\t\t\t\t\t<div class=\"smg-interstitial-link__media\">\n\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"180\" src=\"https:\/\/one.sightlinemg.com\/wp-content\/uploads\/2026\/08\/GettyImages-800100902.jpg.jpg?w=300\" class=\"smg-interstitial-link__image wp-post-image\" alt=\"\" \/>\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"smg-interstitial-link__content\">\n\t\t\t\t<span class=\"smg-interstitial-link__kicker\">Related<\/span>\n\t\t\t\t<h3 class=\"smg-interstitial-link__title\">France is deploying forces to the Indo-Pacific for more than just a drill<\/h3>\n\t\t\t\t\t\t\t\t\t<p class=\"smg-interstitial-link__excerpt\">France says it will deploy a detachment of combat aircraft to the Indo-Pacific region.<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/a>\n\t<\/aside>\n\t\n\n\n<p class=\"wp-block-paragraph\">The order book rose to \u20ac20.5 billion from \u20ac19.1 billion. Exports of the Rafale accounted for the bulk of the order book, with \u20ac15.1 billion arising from sales to Egypt, Qatar and India. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Cash holdings rose to \u20ac5 billion from \u20ac4 billion, and was boosted by Qatar providing the down payment for its new Rafale order. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company forecast 2018 sales similar to that of last year and expects to deliver 12 Rafales this year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Also at the news conference, Trappier <a href=\"https:\/\/www.defensenews.com\/digital-show-dailies\/farnborough\/2018\/07\/19\/dassault-ceo-on-tempest-jet-the-british-have-woken-up\/\" target=_blank>welcomed Britain\u2019s plan<\/a> to build the Tempest fighter jet, the planned successor to the Eurofighter Typhoon.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company forecast 2018 sales similar to that of last year and expects to deliver 12 Rafales this year.<\/p>\n","protected":false},"author":7,"featured_media":12637,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_meta-robots-noindex":"","_yoast_wpseo_meta-robots-nofollow":"","_yoast_wpseo_canonical":"","_acf":"","_yoast_wpseo_primary_category":12,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_smg_distribution_targets":[]},"categories":[160,12,36],"tags":[],"coauthors":[464],"class_list":["post-41010","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-news-roundup","category-industry","category-newsletters"],"acf":{"subheadline":"","legacy_arc_id":"OLVPOI6RJVHXLNPW6DOCJP5I3I","arc_canonical_url":"\/industry\/2018\/07\/20\/dassault-reports-net-profit-spike-in-first-half-of-2018-thanks-to-mideast-deals\/","remove_feature_photo":false,"is_sponsored":false,"subtype":"","redirect_url":"","disable_inline_ads":false,"native_logo_pretext":"Presented 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