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Safran SA (SAF.PA)

SAF.PA on Paris Stock Exchange

126.30EUR
16 Aug 2019
Change (% chg)

€1.00 (+0.80%)
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€125.30
Open
€126.20
Day's High
€126.55
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€125.10
Volume
696,931
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768,423
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€137.20
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€99.98

Latest Key Developments (Source: Significant Developments)

Safran To Build New Aircraft Carbon Brake Plant Near Lyon
Monday, 8 Jul 2019 

July 8 (Reuters) - SAFRAN SA ::SAFRAN TO BUILD NEW AIRCRAFT CARBON BRAKE PLANT NEAR LYON.WE WILL EVENTUALLY BE ADDING UP TO 200 NEW EMPLOYEES AT THIS PLANT.NEW PLANT WILL STRENGTHEN PRODUCTION CAPACITY OF SAFRAN LANDING SYSTEMS.  Full Article

Bureau Veritas Signs Framework Agreement With Safran Group
Monday, 24 Jun 2019 

June 24 (Reuters) - BUREAU VERITAS SA ::ANNOUNCES THAT IT HAS SIGNED A FRAMEWORK AGREEMENT WITH THE SAFRAN GROUP FOR INSPECTIONS OF ITS TECHNICAL FACILITIES..THREE-YEAR CONTRACT WILL ALLOW BUREAU VERITAS TO WORK ON SAFRAN GROUP SITES IN FRANCE AND ABROAD.  Full Article

Safran To Provide Thrust Reverser Maintenance For French Corsair Airline’S A330ceo Jetliners
Wednesday, 19 Jun 2019 

June 19 (Reuters) - SAFRAN SA ::TO PROVIDE THRUST REVERSER MAINTENANCE AND TECHNICAL SUPPORT FOR THE FRENCH CORSAIR AIRLINE’S A330CEO JETLINERS.THIS AGREEMENT INVOLVES SAFRAN NACELLES-BUILT THRUST REVERSERS UTILIZED ON CORSAIR'S FLEET OF FOUR A330CEOS.SIGNS WITH CORSAIR FIVE- YEAR AGREEMENT FOR MAINTENANCE AND TECHNICAL SUPPORT ON THRUST REVERSERS THAT EQUIP THE FRENCH AIRLINE'S AIRBUS A330 JETLINERS.  Full Article

Saab Chooses Safran's Auxiliary Power System For Use In Boeing T-X
Tuesday, 18 Jun 2019 

June 18 (Reuters) - SAFRAN SA ::SAAB CHOOSES SAFRAN'S AUXILIARY POWER SYSTEM FOR USE IN BOEING T-X.THIS SYSTEM WILL BE MANUFACTURED AT SAFRAN'S FACTORY IN PITSTONE, GREAT BRITAIN, AND THEN DELIVERED TO SAAB.  Full Article

Arianespace To Launch ESAIL Satellite For exactEarth On Vega's SSMS POC Flight
Thursday, 9 May 2019 

May 9 (Reuters) - ARIANESPACE::ARIANESPACE TO LAUNCH THE ESAIL SATELLITE FOR EXACTEARTH ON VEGA’S SSMS POC FLIGHT.SELECTED BY EXACTEARTH TO LAUNCH ESAIL SATELLITE USING VEGA AS PART OF LAUNCHER’S SSMS PROOF OF CONCEPT FLIGHT.IT IS THE FINAL CONTRACT SIGNED BY ARIANESPACE FOR THIS POC FLIGHT, WHICH IS NOW COMPLETELY BOOKED WITH 42 PAYLOADS ONBOARD.ESAIL SATELLITE WILL BE LAUNCHED IN SUN-SYNCHRONOUS ORBIT (SSO) AT ALTITUDE OF 515 KM ON VEGA SSMS RIDESHARE FLIGHT IN 2019 FROM GUIANA SPACE CENTER.  Full Article

ArianeGroup Signs Agreement With German Startup PTScientists
Wednesday, 8 May 2019 

May 8 (Reuters) - ARIANEGROUP::SIGNS AGREEMENT WITH GERMAN STARTUP PTSCIENTISTS REGARDING FUTURE COLLABORATION ON SPACE TRANSPORT AND SUPPORT FOR FUTURE SPACE MISSIONS.  Full Article

CFM International: Gulf Air Finalizes $1 Billion CFM LEAP-1A Engine Order
Monday, 29 Apr 2019 

April 29 (Reuters) - CFM INTERNATIONAL::GULF AIR FINALIZES $1 BILLION CFM LEAP-1A ENGINE ORDER.  Full Article

Safran sees slight cash impact from Boeing 737 MAX delivery freeze
Friday, 26 Apr 2019 

April 26 (Reuters) - Safran SA ::CFO SEES SLIGHT CASH IMPACT FROM BOEING 737 MAX DELIVERY FREEZE, COMPENSATED BY STRONG FCF IN REST OF SAFRAN BUSINESS.LEAP ENGINE PRODUCTION STILL IN RECOVERY MODE, EXPECTS TO ELIMINATE DELAYS IN DELIVERIES TO BOEING IN MAY.  Full Article

Safran completes acquisition of ElectroMechanical Systems business from Collins Aerospace
Monday, 11 Feb 2019 

Feb 11 (Reuters) - Safran SA ::* Finalized the acquisition of the ElectroMechanical Systems business from Collins Aerospace..* Operations generated sales of USD 159 million in 2018, with 575 employees at four facilities in North America, mainly in Irvine, California in the United States and in Mexicali, Mexico, along the Mexico-U.S. border .  Full Article

French company Safran buys stake in OXIS Energy
Tuesday, 22 Jan 2019 

Jan 22 (Reuters) - Safran SA ::* Safran acquires stake in OXIS Energy, leader in lithium sulfur cell technology for high energy density battery systems .* Safran Corporate Ventures is participating in a £7 million round of fresh funding alongside Aerotec and new investors, including Arkema. The investments made by these companies take the total capital raised to just under £24m and include Samsung Ventures which contributed to the fund in December 2016..* Capital raised will be used to commercialize and automate the process of mass production of rechargeable Lithium Sulfur cells/modules .* OXIS intends to focus on the aviation, defense and the heavy electric vehicles markets, such as buses and trucks .  Full Article

UPDATE 6-GE shares fall on Madoff whistleblower calling its finances a fraud

Aug 15 General Electric Co shares fell as much as 15% on Thursday after fraud investigator Harry Markopolos, who blew the whistle on Bernard Madoff's Ponzi scheme, said GE was concealing deep financial problems, prompting a sharp rebuke from GE's new CEO.