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Safran SA (SAF.PA)

Paris - Paris Delayed price. Currency in EUR
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217.70+2.80 (+1.30%)
At close: 05:35PM CEST
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  • Barrons.com

    Boeing and Airbus Problems Persist. Why That Makes These 2 Stocks a Buy.

    The two companies dominate aircraft manufacturing and their recent production issues provide opportunities for others. Here are two stocks in the sector that can gain.

  • 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.