Safran : Optimism on propulsion and equipment and leverage further out at Zodiac
>Optimism on civil aftermarket business - At a dinner organised in London with sell-side analysts, Philippe Petitcolin, CEO of Safran, shared his optimism regarding the group’s short- and medium-term trajectory. Regarding Leap, the fact that two sources are currently active for each critical part but also that a single supplier is no longer the reason for the delay provides confidence in catching up on production rates by the end of the current financial year. CFM cur...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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