Measuring Dassault Aviation SA’s (ENXTPA:AM) track record of past performance is a valuable exercise for investors. It allows us to understand whether or not the company has met or exceed expectations, which is an insightful signal for future performance. Today I will assess AM’s recent performance announced on 31 December 2019 and compare these figures to its historical trend and industry movements.
How Well Did AM Perform?
AM’s trailing twelve-month earnings (from 31 December 2019) of €713m has jumped 24% compared to the previous year.
However, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 28%, indicating the rate at which AM is growing has slowed down. What could be