Safran SA (SAFRY)
| Previous close | 56.19 |
| Open | 54.59 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 54.47 - 55.81 |
| 52-week range | 35.84 - 57.52 |
| Volume | |
| Avg. volume | 199,267 |
| Market cap | 92.956B |
| Beta (5Y monthly) | 1.33 |
| PE ratio (TTM) | 25.78 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 0.36 (0.65%) |
| Ex-dividend date | 30 May 2023 |
| 1y target est | N/A |
- Reuters
UPDATE 1-Safran posts higher Q1 revenue, keeps financial targets
French jet engine maker Safran posted an 18.1% jump in first-quarter revenue and reaffirmed financial targets for the year while joining U.S. partner GE Aerospace in lowering a target for engine deliveries. The Paris-based company posted quarterly revenues of 6.22 billion euros ($6.67 billion), up 19.1% on an underlying basis. Safran co-produces engines for Boeing and Airbus narrow-body jets with GE Aerospace through their CFM joint venture, which is the sole supplier to Boeing's 737 MAX family of jets and competes with Pratt & Whitney on the Airbus A320neo series.
- Reuters
Safran posts higher Q1 revenue, keeps financial targets
PARIS (Reuters) -French jet engine maker Safran posted an 18.1% jump in first-quarter revenue and reaffirmed financial targets for the year while joining U.S. partner GE Aerospace in lowering a target for engine deliveries. Safran co-produces engines for Boeing and Airbus narrow-body jets with GE Aerospace through their CFM joint venture, which is the sole supplier to Boeing's 737 MAX family of jets and competes with Pratt & Whitney on the Airbus A320neo series.
- Associated Press Finance
As airplane makers struggle to meet demand, Morocco wants to become a manufacturing hub
Moroccan officials want to turn the country into an aviation hub, luring investors aiming to spread out their supply chains to more nations with available and affordable workers. The North African kingdom is among a longer list of countries vying for contracts with big manufacturers looking to speed up production and deliver more planes to meet demand. Companies like Boeing and Airbus — as well as the manufacturers that build their components — are outsourcing design, production and maintenance to countries from Mexico to Thailand.
