Dassault Aviation SA announced consolidated earnings results for the first half ended June 30, 2016. For the period, the company reported net sales of €1,662,352,000 compared with €1,675,329,000 for the same period a year ago. Operating income was €125,278,000 compared with 143,820,000 for the same period a year ago. Net income was €238,354,000 compared with net loss of €132,425,000 for the same period a year ago. Adjusted net income of €184,981,000 compared with €179,443,000 for the same period a year ago.

The company provided earnings guidance for the full year of 2016. In March 2016, the Group planned to deliver 9 RAFALE (6 France and 3 Egypt) and 60 FALCON. 2016 delivery forecast for 9 RAFALE (6 France and 3 Egypt) remains unchanged. Due to the current weakness
of the business jet market, the company reducing its forecast for 2016 deliveries from 60 to 50 FALCON. 2016 net sales should be below the 2015 level, due, in particular, to the impact of the Indian MIRAGE 2000 modernization program in 2015.