Safran : Caution for 2021
>Targets met in 2020 - Safran gave a presentation yesterday evening that included an update of its targets and KPIs. For 2020, the targets have been achieved despite a visible deterioration since October reflecting the second wave in Europe and ongoing border closures. The cost savings of around € 2bn relative to 2019 account for a large part of the group’s resilience in the crisis. At the end of November, the company believes that it had structurally reduced its head...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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