Investing.com -- Dassault Aviation reported a 12% rise in first-half adjusted sales to 2.85 billion euros, boosted by stronger Rafale export deliveries, though net income slipped due to a French tax surcharge.

The French aerospace group delivered seven Rafale fighter jets, including four for export, and 12 Falcon business jets in the period. 

Order intake surged to 8.1 billion euros from 5.1 billion a year earlier, driven by India’s purchase of 26 Rafale Marine jets, the first export contract for the naval variant.

Adjusted operating income rose 6% to 180 million euros, though the margin dipped to 6.3% from 6.7%. 

Adjusted net income fell to 386 million euros from 442 million, weighed by a 67 million euro tax charge. 

The company’s backlog climbed to a record 48.3 billion euros, covering 239 Rafales and 75 Falcons.

Dassault reiterated its full-year target for sales to grow to around 6.5 billion euros, assuming 25 Rafale and 40 Falcon deliveries. 

It warned, however, that U.S.-EU tariff talks could affect its Falcon business.

Available cash rose to 9.5 billion euros from 8.4 billion at year-end.

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