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Safran SA (SAF.PA)

SAF.PA on Paris Stock Exchange

106.80EUR
17 Aug 2018
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Latest Key Developments (Source: Significant Developments)

Safran Says CFM International And IATA Have Signed Commercial Settlement Agreement
Tuesday, 31 Jul 2018 

July 31 (Reuters) - SAFRAN SA ::CFM INTERNATIONAL (CFM) AND INTERNATIONAL AIR TRANSPORT ASSOCIATION (IATA) HAVE SIGNED A COMMERCIAL SETTLEMENT AGREEMENT.AGREEMENT CONCERNS CFM'S MRO (MAINTENANCE, REPAIR AND OVERHAUL) POLICIES AND ACTIVITIES.  Full Article

Solvay And Safran Sign Supply Agreement For LEAP Aircraft Engine
Thursday, 19 Jul 2018 

July 19 (Reuters) - SOLVAC SA ::SOLVAY AND SAFRAN SIGN A SUPPLY AGREEMENT FOR THE LEAP AIRCRAFT ENGINE.  Full Article

Safran Launches Offering Of OCEANEs Due 21 June 2023 Of Circa 700 Million Euros
Monday, 18 Jun 2018 

June 18 (Reuters) - SAFRAN ::LAUNCHES OFFERING OF OCEANES DUE 21 JUNE 2023 OF ABOUT EUR 700 MLN.NET PROCEEDS OF OFFERING TO BE USED FOR GENERAL CORPORATE PURPOSES.BONDS TO BEAR NO INTEREST AND TO BE MARKETED WITH ISSUE PRICE RANGE OF 100% TO 104% OF PAR.NOMINAL UNIT VALUE OF THE BONDS EXPECTED TO BE SET AT PREMIUM OF BETWEEN 37.5% AND 45.0%.UNIT VALUE ABOVE REFERENCE PRICE OF SAFRAN'S ORDINARY SHARES ON EURONEXT.ISSUE DATE EXPECTED TO TAKE PLACE ON 21 JUNE 2018.BONDS WILL BE REDEEMED AT PAR ON 21 JUNE 2023.APPLICATION FOR LISTING OF BONDS ON FRANKFURT STOCK EXCHANGE TO BE MADE, EXPECTED ONE MONTH AFTER ISSUE DATE.CACEIS CORPORATE TRUST WILL BE IN CHARGE OF THE SETTLEMENT OF THE OFFERING AND AETHER FINANCIAL SERVICES WILL BE THE CALCULATION AGENT .  Full Article

Safran Chosen By Airbus Defence & Space To Provide A Software Component
Thursday, 24 May 2018 

May 24 (Reuters) - SAFRAN ::SAFRAN ENGINEERING SERVICES HAS BEEN CHOSEN BY AIRBUS DEFENCE & SPACE TO PROVIDE A SOFTWARE COMPONENT FOR EGNOS.EGNOS IS THE EUROPEAN SYSTEM RESPONSIBLE FOR IMPROVING THE PERFORMANCE OF SATELLITE GEOLOCATION.  Full Article

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

CVC abandons talks with Ingenico over potential buyout -sources

FRANKFURT Private equity group CVC [CVC.UL] has abandoned talks with Ingenico over a potential buyout of the French payments group, amid a frenzy of deals in the sector, people close to the matter said.