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4-Traders Homepage  >  Equities  >  Euronext Paris  >  Dassault Aviation    AM   FR0000121725

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DASSAULT AVIATION : French Trade Minister Confirms Dassault Secures India Deal For Fighter Jets

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01/31/2012 | 02:22pm CET

Dassault Aviation SA (AM.FR) has secured a multi-billion dollar contract to provide 126 Rafale fighter jets to the Indian military, French Trade Minister Pierre Lellouche said Tuesday, speaking on national radio station BFM Business.

Lellouche said that some details of the contract, which would be the first foreign order for Dassault's Rafale jet, need to be finalized.

The contract has an estimated value of around $10 billion.

Dassault will provide its Rafale multi-role jet to India after beating the Eurofighter Typhoon made by a consortium of BAE Systems, Italy's Finmeccanica SPA (FNC.MI), and the European Aeronautic Defence & Space Co. (EAD.FR).

Dassault wasn't immediately available for comment.

-By Noemie Bisserbe and Inti Landauro, Dow Jones Newswires; +33 1 4017 1740;noemie.bisserbe@dowjones.com

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Financials (€)
Sales 2016 3 648 M
EBIT 2016 301 M
Net income 2016 399 M
Finance 2016 2 200 M
Yield 2016 1,12%
P/E ratio 2016 23,24
P/E ratio 2017 24,55
EV / Sales 2016 1,87x
EV / Sales 2017 2,19x
Capitalization 9 030 M
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Mean consensus OUTPERFORM
Number of Analysts 14
Average target price 1 132 €
Spread / Average Target 3,4%
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Managers
NameTitle
Éric Trappier Chairman & Chief Executive Officer
Loïk Segalen Chief Operating Officer
Didier Gondoin Executive Vice President-Engineering
Jean Sass Executive Vice President-Information Systems
Charles Edelstenne Non-Executive Director
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