Safran : Still favourable winds
>Favourable winds in propulsion - At a roadshow in Paris, Olivier Andriès (CEO) and Pascal Bantegnie (CFO) adopted a confident stance, emphasising that the group, particularly the propulsion division, is benefiting from favourable trends (traffic, no retirements, pricing, etc.). Air traffic remained robust this summer, allowing the civil aftermarket to continue its healthy showing in Q3 (after +38.1% in Q1 and +35% in Q2) thanks to the recent high single-digit price i...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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