Dassault Aviation Reports Record Aircraft Orders, Increased Net Income for 2022

The French manufacturer of Falcon business jets and Rafale fighters said numerous economic difficulties arose in 2022.

Jonathan Welsh

Thursday, March 09, 2023 at 01:39 PM ET

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Dassault's Rafale fighter jet [Shutterstock]

Key Takeaways:

Dassault Aviation achieved increased earnings and a record volume of orders in 2022, despite significant global challenges including the war in Ukraine, supply chain difficulties, and a tight labor market.
Net income rose to approximately $757.8 million (from $640.5 million in 2021), although sales slightly decreased, as the company grappled with component shortages, inflation, and energy price hikes.
The record order volume of $22.17 billion was primarily driven by a strong business jet market for its Falcon jets and substantial military orders for Rafale fighters, which accounted for the majority of new contracts.

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Dassault Aviation said it finished 2022 with increased earnings and a record volume of orders despite a range of challenges including the war in Ukraine and related sanctions, supply chain difficulties, and a tight labor market.

The French company reported net income of about $757.8 million, or $9.12 per share, compared with $640.5 million, or $7.70 per share, during the previous year. Sales decreased to $7.35 billion from $7.67 billion during 2021.