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MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Dassault Aviation    AM   FR0000121725

DASSAULT AVIATION (AM)
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Dassault Aviation : France and Qatar sign deals worth 12 billion euros - Macron

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12/07/2017 | 11:23am CEST
French President Emmanuel Macron gestures during his news conference in Algiers

QATAR (Reuters) - France and Qatar signed commercial contracts worth around 12 billion euros (£10.6 billion) on Thursday, French President Emmanuel Macron said, adding that the deals underscored the close relationship between the two countries.

Qatar has agreed to buy 12 more Rafale fighter planes from Dassault Aviation, will employ France's Suez to dredge and clean Qatar's lagoon and has retained France's RATP and SNCF to build and operate a metro system in Qatar.

"In total, it amounts to nearly 12 billion euros which was signed today and which underlines the closeness of our relations," Macron said at a press conference with Qatari Emir Sheikh Tamim bin Hamad al-Thani.

Macron also reiterated he disapproved of U.S President Donald Trump's decision to recognise Jerusalem as Israel's capital, saying the status of the city needed to be determined via negotiations between the Israelis and Palestinians.

(Reporting by Sudip Kar-Gupta; Editing by Luke Baker)

Stocks treated in this article : Dassault Aviation, Suez Environnement
Stocks mentioned in the article
ChangeLast1st jan.
DASSAULT AVIATION -1.56% 1455 Real-time Quote.8.41%
SUEZ ENVIRONNEMENT -1.41% 12.585 Real-time Quote.-11.90%
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Financials (€)
Sales 2018 4 914 M
EBIT 2018 386 M
Net income 2018 572 M
Finance 2018 4 537 M
Yield 2018 1,06%
P/E ratio 2018 22,54
P/E ratio 2019 18,95
EV / Sales 2018 1,54x
EV / Sales 2019 1,38x
Capitalization 12 094 M
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Mean consensus OUTPERFORM
Number of Analysts 11
Average target price 1 801 €
Spread / Average Target 24%
EPS Revisions
Managers
NameTitle
Éric Trappier Chairman & Chief Executive Officer
Loïk Segalen Chief Operating Officer
Denis Dassé Chief Financial Officer
Didier Gondoin General Manager-Technical
Henri Proglio Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
DASSAULT AVIATION8.41%14 084
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AVIC ELECTROMECHANICAL SYSTEMS CO LTD--.--%3 788