MTU Aero Engines CEO Johannes Bussmann warned on Thursday that diverging French and German fighter aircraft requirements could threaten the company's engine partnership with France's Safran after the collapse of the Future Combat Air System (FCAS) programme.
The aerospace-industry supplier raised its full-year guidance, citing stronger-than-expected demand for LEAP civil aircraft engines and spare parts.
French jet engine maker Safran joined its partner GE Aerospace in raising financial targets after posting stronger-than-expected first-half profits on Tuesday.
Electra said on Wednesday it has signed a production agreement with France's Safran Helicopter Engines for turbogenerators, as the hybrid-electric aircraft startup looks to advance certification efforts.
French jet engine maker Safran is said to be studying a potential acquisition of sea-drone maker Exail Technologies , Bloomberg News reported on Friday.
Here is how Safran SA (SAFRY) and Spire Global, Inc. (SPIR) have performed compared to their sector so far this year.
Safran SA remains a strong buy, with a 27% upside to a $404.58 price target despite recent underperformance. Q1 revenues grew 18.8% to €8.6 billion, driven by robust LEAP engine and aftermarket sales, and solid defense demand. Guidance for 2026 is reaffirmed, projecting low to mid-teens revenue growth, €6.1–€6.2 billion operating income, and €4.4–€4.6 billion free cash flow.
Safran SA (SAFRY) Q1 2026 Sales/Trading Call Transcript
Adjusted revenue for the period rose 19%, driven by deliveries of its LEAP aircraft engines, while spare part sales and services also increased in the first quarter.
French jet engine maker Safran on Thursday reported a stronger-than-expected rise in first-quarter revenue and said it expected to reach the high end of its previously announced full-yearyear forecast despite the conflict in the Middle East.
Safran is upgraded to Strong Buy with a $479.52 price target, reflecting 21% upside potential. Robust 2025 results: revenues up 14.7% to €31.3B, operating income up 26.2% to €5.2B, margins expanding across segments. 2028 outlook raised: 10% annual sales growth, a recurring operating income target of €7–€7.5B, and €21B cumulative free cash flow.
Safran SA (SAFRY) Q4 2025 Earnings Call Transcript