France’s Dassault Aviation posts strong sales growth amid increased defence spending

(Reuters) – French planemaker Dassault Aviation reported a rise in its full-year sales on Wednesday, as geopolitical tensions fuel defence spending.

Dassault Aviation, the biggest industrial shareholder in defence and technology firm Thales, said its adjusted net sales rose to 6.23 billion euros ($6.62 billion)in 2024, above its annual guidance and up from 4.80 billion euros in 2023.

The group reported an operating income of 519 million euros for the year, compared with 349 million in 2023.

($1 = 0.9404 euros)

(Reporting by Anna Peverieri and Tim Hepher; Editing by Andrew Heavens)