Safran SA (SAFRY)
Chart Events
Performance Outlook
| Previous Close | 25.33 |
| Open | 25.84 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 24.96 - 25.84 |
| 52 Week Range | 23.77 - 38.35 |
| Volume | |
| Avg. Volume | 398,522 |
| Market Cap | 43.275B |
| Beta (5Y Monthly) | 1.51 |
| PE Ratio (TTM) | 29.39 |
| EPS (TTM) | 0.86 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.13 (0.52%) |
| Ex-Dividend Date | May 28, 2021 |
| 1y Target Est | N/A |
- Reuters
UPDATE 2-Supply-chain, labour snags delay CFM jet engines -sources
Jet engine maker CFM International is facing industrial delays of six to eight weeks in the wake of supply-chain problems and some French labour unrest, but expects to claw most of this back by early in the fourth quarter, three people familiar with the matter said. Co-owned by General Electric Co and France's Safran , CFM is the largest jet engine maker by units sold, and powers three out of four recently developed narrowbody jetliners including all Boeing 737 MAX and about half of Airbus' A320neo family. Some Airbus customers have been warned deliveries of aircraft, already partially delayed by European factory congestion, could be pushed back further as a result of the CFM engine delays, said the people, who asked not to be named.
- Reuters
UPDATE 2-Airbus wins engine maker backing for 2024 jet output
European planemaker Airbus looks set to raise narrowbody jetliner production for 2024 after reaching a compromise deal with at least two suppliers following months of wrangling over the speed of post-pandemic recovery. The world's largest planemaker is restoring and slightly expanding pre-pandemic output for best-selling models as traffic rebounds in the West, but has been struggling to persuade engine makers to place the bets needed to go significantly further. France's Safran, which co-produces engines with General Electric under their CFM venture, and Germany's MTU Aero Engines, affiliated with Pratt & Whitney , both said they had struck deals with Airbus on 2024.
- Reuters
Airbus wins engine maker backing for 2024 jet output
European planemaker Airbus looks set to raise narrowbody jetliner production for 2024 after reaching a compromise deal with at least two suppliers following months of wrangling over the speed of post-pandemic recovery. France's Safran, which co-produces engines with General Electric under their CFM venture, and Germany's MTU Aero Engines, affiliated with Pratt & Whitney, both said they had struck deals with Airbus on 2024. He would not discuss specifics except to say the new target differs from 2023, effectively ruling out a flattening of production of the A320neo which competes with Boeing's 737 MAX.
