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05.12.24 - 09:57
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Safran slides after targets miss expectations (Reuters EN)
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BUZZ-Safran slides after targets miss expectations ** Shares in Safran SAF.PA drop around 5% to the bottom of the Europe-wide STOXX 600 index STOXX after the aerospace supplier and jet engine maker announced 2025 and 2028 targets that analysts say fell short of expectations ** Jefferies and J.P.Morgan say the targets are below expectations, though the latter notes they guidance might be conservative ** Safran targets 7-9% revenue CAGR over 2024-2028, adj....
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05.12.24 - 08:38
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Safran sets course for higher revenue, profit by 2028 (Reuters EN)
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UPDATE 1-Safran sets course for higher revenue, profit by 2028 Adds context and details from statement from paragraph 2 Dec 5 (Reuters) - French jet engine maker Safran SAF.PA is targeting annual revenue growth in a high single-digit percentage and a sharply higher profit by 2028, it said on Thursday ahead of its investor day event in Paris. The aerospace supplier said it expects air traffic growth, defense budgets, production ramp-up and pricing to drive annual sales growth over the next four y...
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25.10.24 - 19:06
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Safran Upgrades Guidance as Revenue Rises (WSJ EN)
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The aerospace-industry supplier raised its recurring operating income guidance after revenue rose in the third quarter, driven by after-market services and demand for aircraft equipment and interiors....
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25.10.24 - 08:25
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Safran Q3 Revenue Improves (AFX)
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PARIS (dpa-AFX) - Safran S.A. (SAF.PA), an aerospace and defense corporation, Friday said its revenue for the third quarter increased to 6.682 billion euros from 5.937 billion euros in the same qu......
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