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Safran S.A.
SAFRYIndustrialsOTCFR
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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.
Safran SA (SAFRY) Q1 2026 Sales/Trading Call Transcript
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.
Safran SA (OTCMKTS:SAFRY - Get Free Report) has been assigned an average rating of "Buy" from the eight analysts that are covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company.
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.
Safran SA (OTCMKTS:SAFRY - Get Free Report) was the recipient of a significant drop in short interest in February. As of February 27th, there was short interest totaling 104,387 shares, a drop of 14.2% from the February 12th total of 121,728 shares. Based on an average daily volume of 546,984 shares, the short-interest ratio is
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.
