Edition:
India

Safran SA (SAF.PA)

SAF.PA on Paris Stock Exchange

101.30EUR
18 May 2018
Change (% chg)

€-0.10 (-0.10%)
Prev Close
€101.40
Open
€101.20
Day's High
€101.95
Day's Low
€100.50
Volume
1,160,067
Avg. Vol
966,296
52-wk High
€101.95
52-wk Low
€75.00

Latest Key Developments (Source: Significant Developments)

Zodiac Aerospace FY Sales Decline By 6.8 Percent
Tuesday, 24 Apr 2018 

April 24 (Reuters) - ZODIAC AEROSPACE SA::ZODIAC AEROSPACE : RESULTS FOR H1 2017/2018 FISCAL YEAR.2017/2018 SALES DECLINE OF -6.8% ORGANIC WITH GROWTH IN AEROSYSTEMS AND A FALL IN AIRCRAFT INTERIORS REVENUE.POSITIVE H1 2017/2018 CURRENT OPERATING INCOME OF EUR 35.3M, STILL IMPACTED BY AIRCRAFT INTERIORS.CASH GENERATION WAS EUR NEGATIVE (119)M IN H1 THOUGH IMPROVED BY EUR 77M COMPARED TO H1 2016/2017.FOR 2017/2018, ZODIAC AEROSPACE HAS HEDGED 94% OF ESTIMATED EUR/USD EXPOSURE AT 1.0986 $/EUR (SPOT RATE).FOR 2017/2018, ZODIAC AEROSPACE HAS HEDGED 54% OF USD/CAD ESTIMATED EXPOSURE.FOR 2017/2018, ZODIAC AEROSPACE HAS HEDGED 68% OF USD/GBP ESTIMATED EXPOSURE.FOR 2017/2018, ZODIAC AEROSPACE HAS HEDGED 87% OF USD/MXN AND 65% OF USD/THB EXPOSURE.AIRCRAFT INTERIORS SALES WERE DOWN -19.5% TO EUR 1,135.6M IN H1.  Full Article

Safran Signs Contract With Egyptair For Maintenance Services
Tuesday, 23 Jan 2018 

Jan 23 (Reuters) - SAFRAN ::SIGNS CONTRACT WITH EGYPTAIR FOR MAINTENANCE SERVICES ON AIRBUS A330 THRUST REVERSERS‍​.THE LONG-TERM AGREEMENT WILL BE BACKED BY SAFRAN NACELLES' GLOBAL MAINTENANCE, REPAIR AND OVERHAUL (MRO) NETWORK‍​.  Full Article

CFM And Hainan Airlines Sign $4.2 Bln MoU For Leap-1A Engines And Services
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - CFM INTERNATIONAL::HAINAN AIRLINES SIGNS WITH CFM INTERNATIONAL $4.2 BILLION MOU FOR LEAP-1A ENGINES AND SERVICES.ENGINES TO POWER 55 AIRBUS A320NEO AIRCRAFT, ALONG WITH LONG-TERM SUPPORT AGREEMENT FOR HAINAN AIRLINES HOLDING AND AFFILIATES‍​.  Full Article

Willis Lease Finance Says Entered Agreement With GE For Purchase Of 5 Modern Technology GE Aircraft Engines ‍​
Saturday, 30 Dec 2017 

Dec 29 (Reuters) - Willis Lease Finance::WILLIS LEASE FINANCE - ON DEC 22, ENTERED DEFINITIVE AGREEMENT WITH GENERAL ELECTRIC FOR PURCHASE, DELIVERY OF 5 MODERN TECHNOLOGY GE AIRCRAFT ENGINES ‍​.WILLIS LEASE FINANCE - AGREEMENT WITH GE INCLUDES AN OPTION FOR CO TO BUY & HAVE DELIVERED 1 ADDITIONAL MODERN TECHNOLOGY GE AIRCRAFT ENGINES​.WILLIS LEASE FINANCE - ON DEC 22, ENTERED AGREEMENT WITH CFM INTERNATIONAL FOR PURCHASE & DELIVERY OF 8 MODERN TECHNOLOGY CFM AIRCRAFT ENGINES.WILLIS LEASE FINANCE SAYS VALUE OF GE DEAL INCLUDING OPTION IS $162.6 MILLION AT GE'S 2017 LIST PRICES​; ‍ALL PURCHASES, DELIVERIES BY JUNE 30, 2018.WILLIS LEASE FINANCE SAYS AGREEMENT WITH CFM INTERNATIONA INCLUDES OPTION FOR CO TO PURCHASE UP TO TWO ADDITIONAL ENGINES - SEC FILING.WILLIS LEASE FINANCE - VALUE OF CFM TRANSACTION, INCLUDING CO'S OPTION, IS $148.5 MILLION AT CFM'S 2017 LIST PRICES.  Full Article

Zodiac Aerospace: Safran Tender Offer Will Open On Dec 27 - AMF
Friday, 22 Dec 2017 

Dec 22 (Reuters) - FRENCH MARKET REGULATOR AMF::ZODIAC AEROSPACE <<>>: SAFRAN TENDER OFFER WILL OPEN ON DEC 27.  Full Article

Zodiac Aerospace Q1 Revenue Falls to 1.08‍​ Billion Euros
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - ZODIAC AEROSPACE ::Q1 REVENUE EUR 1.08‍​ BILLION VERSUS EUR 1.20 BILLION YEAR AGO.CONFIRMS ITS EXPECTATION TO POST A SLIGHT DECREASE IN SALES FOR 2017/2018, EXCLUDING FOREX AND SCOPE EFFECTS.CURRENT OPERATING INCOME SHOULD RISE SHARPLY FOR 2017/2018.CURRENT OPERATING INCOME FOR SECOND HALF OF YEAR SHOULD BE SIGNIFICANTLY HIGHER THAN FIRST HALF.OPERATIONAL CASH FLOW GENERATION IS EXPECTED TO REMAIN STRONG‍​ IN 2017/2018.  Full Article

French group Suez says Qatar dredging contract worth 107 mln euros
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Suez ::* Suez says deal signed on Thursday to dredge and clean Qatar lagoon worth around 107 million euros ($126 million).* French President Emmanuel Macron said France and Qatar had signed commercial contracts worth around 12 billion euros in total nP6N1NF024.* Qatar has agreed to buy 12 more Rafale fighter planes from Dassault Aviation , will employ France's Suez to dredge and clean Qatar's lagoon and has retained France's RATP and SNCF to build and operate a metro system in Qatar..  Full Article

Safran Files Proposed Takeover Bid On Shares Of Zodiac Aerospace - AMF
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - AMF::SAFRAN <<>> FILED PROPOSED TAKEOVER BID ON SHARES OF ZODIAC AEROSPACE <<>> AT PRICE OF EUR 25 PER ZODIAC SHARE‍​.  Full Article

Safran says SilkAir signs $1 billion CFM LEAP-1B engine support agreement
Friday, 10 Nov 2017 

Nov 10 (Reuters) - SAFRAN ::SILKAIR SIGNES 15-YEAR RATE PER FLIGHT HOUR MAINTENANCE AGREEMENT WITH CFM INTERNATIONAL TO SUPPORT LEAP-1B ENGINES‍​.SILKAIR SIGNS $1 BILLION CFM LEAP-1B ENGINE SUPPORT AGREEMENT.AGREEMENT INCLUDES A TOTAL OF 80 ENGINES.  Full Article

Safran and ‍MBDA partners in MMP offering for land 400 Australian army acquisition programme​
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - SAFRAN ::‍MBDA AND SAFRAN PARTNERS IN MMP OFFERING FOR LAND 400 AUSTRALIAN ARMY ACQUISITION PROGRAMME.​.  Full Article

UPDATE 3-FAA orders more engine inspections after Southwest accident

WASHINGTON, May 1 The U.S. Federal Aviation Administration said on Tuesday it has ordered additional inspections of fan blades in hundreds of additional engines similar to the one that failed in a deadly Southwest Airlines Co accident last month.