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Dassault Aviation: adjusted net profit dives 51% in 2020

(CercleFinance.com) - Dassault Aviation has reported 2020 adjusted net profit that is down 51% at 396 million euros, with an adjusted operating margin that is down at 4.
8% (compared with 10.4% in 2019), for revenue that is down 25.2% at 5.49 billion euros.

Order intake contracted to 3.46 billion euros, of which 41% was export orders, bringing the aircraft manufacturer's order backlog at the end of 2020 to just under 15.9 billion euros.

Its Board of Directors has decided to propose the distribution of a dividend of 12.3 euros per share in 2021 to the AGM, representing a total payout of 103 million euros, in addition to dividing the par value of its share by ten, which is set to take place in the second half of the year.


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