Order intake down at DCNS but turnover up
(B2) DCNS recorded lower order intake, falling by 31%, in the first half of 2012. Or 813 million euros compared to 1,2 billion euros in the first half of the previous year (2011). The order book (14,18 billion euros) is down slightly compared to the same period last year. However, with regard to turnover, it reached 1,4 billion euros, slightly up on the first half of 2011. Ditto for its current operating results of 98 million euros (up to 7% of turnover) against 85 million for last year. The main projects concern the maintenance of FREMM multi-mission frigates and French Navy submarines.
DCNS thus wishes to double its 2010 turnover for 2020, by betting on better competitiveness and good investments putting "thus all the assets on our side to succeed despite a difficult economic contextto quote Patrick Boissier, Chairman and CEO of the group. And that should bear fruit, the group has been engaged in a transformation program since the beginning of 2010 and this as part of its growth plan. championship and based on investment in new businesses such as innovation, commercial protection or industrial resources. DCNS has also experienced an increase in its workforce since the end of the first half of 2011 (245 additional employees).
