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Dassault Aviation Reports Strong Earnings Growth for 2024

Dassault Aviation sees profit surge in fiscal 2024, with net income rising significantly. The company's robust performance may positively influence its stock price moving forward.

Date: 
AI Rating:   8

Strong Earnings Performance
Dassault Aviation SA reported significant growth in net income for fiscal 2024, reaching €923.82 million, compared to €693.40 million in previous fiscal year. This translates to earnings per share (EPS) of €11.78, an increase from €8.57 last year. Thus, the company demonstrates a positive trend in profitability.

Increased Adjusted Profit
On an adjusted basis, the company's profit also showed a strong performance, reported at €1.06 billion, which was an increase of 19% from the €886.29 million in fiscal 2023. The earnings per share increased even further to €13.46 from €10.95, an indication of effective operational management.

Revenue Growth
Revenue growth was notable, with net sales climbing to €6.24 billion from €4.81 billion in fiscal 2023. This upward trajectory in revenue reflects a healthy demand for Dassault's aviation products and positions the company well for future growth.

Order Intakes and Sales Outlook
The report indicates a surge in order intakes, rising to €10.87 billion compared to €8.25 billion the previous year. The forecast for fiscal 2025 includes an anticipated increase in net sales to €6.5 billion, which strengthens the outlook for sustained growth.

Dividend Increase
Furthermore, the company’s proposal to raise dividends from €3.37 per share to €4.72 is a clear signal of confidence in its future earnings, potentially attracting more investors looking for income as well as growth.