PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: DCNS Group

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

DCNS Continues to Grow in First Half of 2013 - Patrick Boissier, Chairman & CEO of the DCNS Group, said: 的n the course of the first half of 2013, we recorded an increase in revenue confirming our growth potential - DCNSgroup.com
DCNS Continues to Grow in First Half of 2013

 

NewswireToday - /newswire/ - Paris, Ile de France, France, 2013/07/24 - Patrick Boissier, Chairman & CEO of the DCNS Group, said: 的n the course of the first half of 2013, we recorded an increase in revenue confirming our growth potential - DCNSgroup.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Military/Defense/Homeland Security Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Operating profit did not see the same growth due to the impact of certain operational difficulties and increased investment in R&D.

DCNS - FREMM In the absence of any major new contracts, the Group booked orders worth 578 million in the first half of 2013, compared with 813 million in H1 2012. At end June, the orderbook was worth 13.23 billion, compared with 14.2 billion a year earlier. This represents four years output.

First-half revenue rose to 1.63 billion, compared with 1.4 billion a year earlier, thanks to good progress on industrial programmes for the French Navy (FREMM frigates, Barracuda submarines and through-life support for front-line ships) and others for international client navies (notably Brazil, India and Russia).

Operating profit before impact of PPA (purchase price allocation) for the first half of 2013 amounted to 95 million, or 5.8% of revenue, compared with 98 million, or 7% of revenue, for the same period last year. The Group encountered operational difficulties in certain industrial programmes, primarily in the civil nuclear engineering sector. It also stepped up R&D investment relative to H1 2012 in order to maintain its technological leadership in key markets. An action plan has been launched to increase operating profitability.

The full-time equivalent employee headcount amounted to 13,511 as of end June 2013, compared with 12,987 twelve months earlier.

DCNS - Results

It should be noted that half-year results in terms of revenue (which is booked as industrial milestones are achieved pursuant to the terms of the different contracts) and order intake (which depend on important contracts) cannot be extrapolated to full-year trends.

H1 2013 highlights in chronological order

- DCNS and Odebrecht celebrated the official inauguration of the Brazilian Navy痴 new submarine shipyard complex at Itagua in the presence of Ms Dilma Rousseff, the President of the Federal Republic of Brazil.
- DCNS acquired a majority stake (59.7%) in and took over the control of Irish tidal energy start-up OpenHydro.
- DCNS set up a corporate university, dubbed DCNS Universeatyョ, drawing on 1,500 in-house specialists.
- DCNS launched training courses for Malaysian individuals as part of an innovative partnership to supply the Royal Malaysian Navy with six Gowindョ front-line corvettes.
- DCNS began sea trials of the FREMM multimission frigate for the Royal Moroccan Navy.
- Exercises with the US Navy confirmed the capabilities of first-of-class FREMM multimission frigate Aquitaine.
- DCNS and local partners delivered the sixth and last Skjold-class fast patrol boat to the Royal Norwegian Navy.
- DCNS and PIRIOU set up KERSHIP, a joint venture that the partners hope will become a world leader in maritime security vessels.
- DCNS and ALCEN signed a cooperation agreement to foster SME growth.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Military/Defense/Homeland Security Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: DCNS Group

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Military/Defense/Homeland Security articles,
CATCH Visitors via Your Competitors Announcements!


DCNS Continues to Grow in First Half of 2013

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

DCNS |
Publisher Contact: Emmanuel Gaudez - DCNSgroup.com 
+33(0)1 40 59 55 69 emmanuel.gaudez[.]dcnsgroup.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any DCNS Group securities in any jurisdiction including any other companies listed or named in this release.

Military/Defense/Homeland Security via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From DCNS Group / Company Profile


Read Military/Defense/Homeland Security Most Recent Related Newswires:

Leonardo DRS Completes Acquisition of Daylight Solutions
Leonardo and HENSOLDT to Upgrade More Than 350 UK Air, Land and Sea Platforms in Contract Worth Over 290M
DCNS痴 F21 Torpedo Successfully Completes the Final Step and Has Now Entered its Final Development Phase
Thales and Reliance Defence Limited to form Joint Venture
Safran and Thai Aviation Industries to Support Royal Thai Armed Forces Helicopter Engines
Leonardo Signs Over 100M Worth of Contracts to Maintain German and Spanish Typhoon Fleet Avionics
Thales Unveils TRAC NG World痴 Most Advanced En-route Radar for Dual Civil/Military Operators
Safran Reosc Wins Contract to Polish Primary Mirror on Europe痴 Giant ELT Telescope
Leonardo Attends SITDEF in Peru - The Most Important Event in the Country Focused on the Defence and Security Fields
DCNS Exhibits At IMDEX 2017
Leonardo Signs Up to be the First Company to Work with the Royal Air Force's New Rapid Capability Office
319 GRIFFON and 20 JAGUAR Vehicles Ordered from Nexter, Renault Trucks Defense and Thales by the DGA as Part of the SCORPION Programme
500th Eurofighter Typhoon Produced - Delivered to the Italian Air Force
Leonardo Attends LAAD 2017 to Promote its Security, Aerospace and Defence Solutions for the Brazilian Market
Leonardo DRS Announces that the T-100 Jet Trainer Competing for the Air Force T-X Program will be Produced in A New U.S. Factory in Alabama

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit RightITnow Ltd

Visit  MagLar, Inc.





 
  ©2017 Newswire Today Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)