Safran sets course for higher revenue, profit by 2028
French jet engine maker Safran is targeting high single-digit percent annual revenue growth and a sharply higher profit by 2028, it said on Thursday ahead of its investor day event in Paris.
Safran appoints new CEOs for its Aircraft Engines, Electrical & Power units
Safran has appointed Stephane Cueille as CEO of its Aircraft Engines unit, replacing Jean-Paul Alary effective in the first few months of 2025, the French jet engine maker said on Wednesday.
Safran announces 1 bln euro investment in engine repair network
French jet engine maker Safran announced plans on Tuesday to invest more than 1 billion euros ($1.08 billion) and hire 4,000 people worldwide to "radically scale up" its global engine repair network.
Safran SA (SAFRF) Q3 2024 Earnings Call Transcript
Safran SA (OTCPK:SAFRF) Q3 2024 Earnings Conference Call October 25, 2024 2:30 AM ET Company Participants Olivier Andriès - Chief Executive Officer Pascal Bantegnie - Chief Financial Officer Conference Call Participants Aymeric Poulain - Kepler Cheuvreux Ian Douglas-Pennant - UBS George Zhao - Bernstein Olivier Brochet - Redburn Atlantic Chloe Lemaire - Jefferies Ken Herbert - RBC Capital Markets Ben Heelan - Bank of America Christophe Menard - Deutsche Bank David Perry - JPMorgan Herve Drouet - CIC Market Solutions Operator Welcome to the Safran Third Quarter 2024 Revenue. At this time, I would like to turn the conference over to your host, Olivier Andriès, Safran's CEO; and Pascal Bantegnie, Group CFO.
Safran makes mixed changes to forecasts after jet engine delays
French jet engine maker Safran trimmed its revenue forecast for the year but nudged its profit goal higher after supply bottlenecks delayed deliveries of LEAP engines.
Seaport Research's Richard Safran on Boeing: The bad news is already baked into the stock
Richard Safran, Seaport Research Partners aerospace and defense analyst, joins 'Power Lunch' to discuss Boeing's stock outlook.
Safran SA (SAFRY) Is Up 1.50% in One Week: What You Should Know
Does Safran SA (SAFRY) have what it takes to be a top stock pick for momentum investors? Let's find out.
Safran: Recent Uncorrelation, Growing Free Cash Flow And Defense Industry Tailwinds
Safran's strong free cash flow, net-cash status, and balanced capital allocation make it a compelling long-term investment. Increased global defense spending and Safran's robust performance in the defense sector position it for continued growth. Safran's low beta offers portfolio diversification, with low correlation to the SPY index and high correlation to defense sector ETFs.
