Dassault Aviation forecasts higher 2017 sales as profit drops

PARIS, March 8 Dassault Aviation
forecast a rise in net sales for 2017 compared to 2016, even
though its annual profit fell on the back of a drop in orders
and contracts last year.

The family-controlled maker of business jets and Rafale
fighter jets, whose rivals include Gulfstream, Bombardier
and Embraer, said on Wednesday that 2016
adjusted net profit fell 20 percent from a year ago to 384
million euros ($406 million).


However, Dassault Aviation was more upbeat for 2017, saying
that Rafale exports would boost sales, with the company
forecasting the delivery of 45 Falcon jets and 9 Rafale fighter
jets for 2017.
($1 = 0.9464 euros)

(Reporting by Cyril Altmeyer and Sudip Kar-Gupta; Editing by
Alexander Smith)

Source: Reuters

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