• SAF

Safran appoints new CEOs for its Aircraft Engines, Electrical & Power units

Safran appoints Stephane Cueille as CEO of Aircraft Engines, replacing Jean-Paul Alary, effective early 2025. Cueille remains CEO of Electrical & Power until January 1, 2025.

• BOUY
• CAPP
• CL
• DX
• EUR/GBP
• EUR/USD
• FCHI
• GC
• IMTP
• LCO
• PUBP
• SAF
• SBF120
• SOGN
• VIV

France stocks higher at close of trade; CAC 40 up 0.48%

France stocks rose on Tuesday, led by Industrials and Oil & Gas sectors. Bouygues and Safran performed well, while Solutions 30 dropped significantly.

• BA
• SAF

Safran in major engine repair capacity expansion as demand soars

• BA
• SAF
• SAFRY

Safran hikes annual income guidance after Q3 revenue growth; shares climb

Safran raised its 2024 income forecast amid strong revenue growth, but trimmed its revenue outlook while facing supply chain challenges and potential impacts from the Boeing strike.

• SAF

Safran raises profit target after nine-month sales grow 17%

Safran raised its profit forecast despite lowering revenue predictions due to supply issues. Increased demand for aircraft services and challenges from Boeing's strike impact operations and future deliveries.

• BA
• GE
• SAF

GE Aerospace raises profit outlook, expects double-digit decline in LEAP deliveries

GE Aerospace raised its profit outlook despite a projected decline in LEAP engine deliveries due to supply chain issues, driven by strong service demand and higher prices.

• ELIS
• EUR/GBP
• EUR/USD
• FCHI
• FRVIA
• GC
• GTT
• LCO
• PRTP
• SAF
• SBF120
• SCHN
• SGOB
• STLAM
• STMPA
• TRIA

France stocks higher at close of trade; CAC 40 up 0.64%

France's stock market saw gains, especially in Consumer Goods and Technology, with the CAC 40 reaching a three-month high; Kering and Trigano performed strongly.

• BAES
• SAF

Safran in talks with MBDA over Roxel's stake, La Tribune reports

French companies Safran and MBDA are negotiating a sale of Roxel, a tactical propulsion systems business. The deal could enhance MBDA's production efficiency.