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Olfa Taamallah ...
  • Yan Derocles

Safran : Preview T3 2021 – Un T4 à risque mais l’investment case est intact

>T3 2021 : la croissance séquentielle est au rendez-vous - Safran publiera son T3 2021 le 29 octobre avant ouverture (cf. tableau page suivante). Nous anticipons un CA de 3 786 M€, en croissance organique de 12.9%, entérinant une progression séquentielle par rapport au T2 sur l’ensemble des divisions. Pour la Propulsion, nous tablons sur un CA de 1 807 M€ (+15.9% et +7% qoq) porté par une forte accélération des services alors que les livraisons ne devraient progresser...
Underlying
Safran S.A.

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).

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Olfa Taamallah

Yan Derocles

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