Safran : Attention already focused on the CMD
>FY 2024 EBIT edged-up buoyed by equipment and interiors - We have raised our forecast for FY 2024 EBIT by 2.4% to € 4,142m for sales of € 27.5bn in order to reflect i/ for equipment, stronger-than-anticipated operational leverage also against a backdrop of higher sales (services for braking systems and nacelles, amortisation of fixed costs) with a margin of 12.5% and ii/ for interiors, a slightly faster recovery to profitability driven by the acceleration in the deli...Safran designs, develops and manufactures high technology electronics through three businesses: Aerospace, Defense and Security. Aerospace includes Aerospace Propulsion (propulsion systems for commercial aircraft, military transport, training and combat aircraft, rocket engines, civil and military helicopters) and Aircraft Equipment (mechanical, hydromechanical and electromechanical equipment); Defense (optronic, avionic and electronic systems); and Security (biometric technologies for fingerprint, iris and face recognition, identity management products, access management and transaction security, including tomographic systems for detection of dangerous or illicit substances in baggage).
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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