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Safran S.A.
SAFRFIndustrialsOTCFR
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French jet engine maker Safran will invest €120 million ($138.23 million) in its Montlucon site in central France to triple output of hemispherical resonator gyroscopes (HRGs) by 2032, its Chief Executive told La Tribune newspaper on Sunday.
Safran SA remains a strong buy, with a 27% upside to a $404.58 price target despite recent underperformance. Q1 revenues grew 18.8% to €8.6 billion, driven by robust LEAP engine and aftermarket sales, and solid defense demand. Guidance for 2026 is reaffirmed, projecting low to mid-teens revenue growth, €6.1–€6.2 billion operating income, and €4.4–€4.6 billion free cash flow.
Adjusted revenue for the period rose 19%, driven by deliveries of its LEAP aircraft engines, while spare part sales and services also increased in the first quarter.
French jet engine maker Safran on Thursday reported a stronger-than-expected rise in first-quarter revenue and said it expected to reach the high end of its previously announced full-yearyear forecast despite the conflict in the Middle East.
French jet engine maker Safran will invest 150 million euros ($175.31 million) in a high tonnage hydraulic press to increase the production of strategic engine parts, CEO Olivier Andries said on Monday.
A top lawmaker asked the Pentagon to review French aerospace company Safran's joint ventures in China, saying the U.S. defense contractor's commercial ties with Chinese companies raise concerns, according to a letter seen by Reuters.
Sarasota, Florida, March 18, 2026 (GLOBE NEWSWIRE) -- Safran Electrical & Power today unveiled its new building in Sarasota, Florida, dedicated to the maintenance, repair, and overhaul of aerospace electrical systems. This expansion reinforces the company capabilities in Sarasota, establishing the site as a key provider of power generation, distribution and conversion management solutions.
Safran SA (OTCMKTS:SAFRF - Get Free Report)'s share price passed below its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $356.25 and traded as low as $351.99. Safran shares last traded at $375.6180, with a volume of 2,909 shares traded. Safran Stock Performance
