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    SAF   FR0000073272

SAFRAN

(SAF)
  Report
Real-time Quote. Real-time Euronext Paris - 01/19 11:37:10 am
112.18 EUR   +0.11%
07:24aSAFRAN : Goldman Sachs reiterates its Buy rating
MD
06:39aSAFRAN : UBS maintains a Buy rating
MD
05:06aSAFRAN : Upgraded to Neutral by Morgan Stanley
MD
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

CFM International, Saudi Arabian Airlines Agreed on $8.5 Billion Deal, at List Price

12/06/2021 | 02:02am EST

By Olivia Bugault

CFM International, the 50/50 joint venture between jet engine makers Safran SA and General Electric Co., said Saturday that it signed an agreement with Saudi Arabian Airlines Corp. for an order valued at roughly $8.5 billion, at list price.

Saudi Arabia's flag carrier ordered LEAP-1A engines that will be used to power its new fleet of 35 Airbus SE A321neo jets and 30 A320neo planes, CFM International said. The agreement comprises the purchase of 149 LEAP engines, including spares, as well as a multi-year services agreement, it said.

"This agreement also includes a rate-per-flight-hour services contract to cover engines from this new order as well as an additional 20 leased A320neo aircraft," it said.

Write to Olivia Bugault at olivia.bugault@wsj.com

(END) Dow Jones Newswires

12-06-21 0202ET

Stocks mentioned in the article
ChangeLast1st jan.
GENERAL ELECTRIC COMPANY -2.21% 100.62 Delayed Quote.6.51%
SAFRAN 0.11% 112.18 Real-time Quote.4.20%
All news about SAFRAN
07:24aSAFRAN : Goldman Sachs reiterates its Buy rating
MD
06:39aSAFRAN : UBS maintains a Buy rating
MD
05:06aSAFRAN : Upgraded to Neutral by Morgan Stanley
MD
01/17Safran to provide engines and other equipment on H160M and H160 helicopters for the Fre..
AQ
01/17SAFRAN : Barclays sticks Neutral
MD
01/14SAFRAN : Berenberg remains its Buy rating
MD
01/14SAFRAN : Allegiant Air Orders CFM LEAP-1B Engines, Signs Service Agreement for Boeing 737 ..
PU
01/13SAFRAN : to provide engines and other equipment on H160M and H160 helicopters for the Fren..
PU
01/13SAFRAN : JP Morgan keeps its Buy rating
MD
01/13Airbus Renews Engineering Services Contract With Safran Engineering Services, Sonovisio..
MT
More news
Analyst Recommendations on SAFRAN
More recommendations
Financials
Sales 2021 15 476 M 17 566 M 17 566 M
Net income 2021 1 000 M 1 135 M 1 135 M
Net Debt 2021 1 612 M 1 829 M 1 829 M
P/E ratio 2021 47,9x
Yield 2021 0,86%
Capitalization 47 818 M 54 271 M 54 279 M
EV / Sales 2021 3,19x
EV / Sales 2022 2,63x
Nbr of Employees 78 900
Free-Float 81,3%
Chart SAFRAN
Duration : Period :
Safran Technical Analysis Chart | SAF | FR0000073272 | MarketScreener
Technical analysis trends SAFRAN
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 20
Last Close Price 112,18 €
Average target price 132,79 €
Spread / Average Target 18,4%
EPS Revisions
Managers and Directors
Olivier Andriès Chief Executive Officer & Director
Pascal Joel Jacky Bantegnie Group Treasurer
Ross McInnes Chairman
Frédéric Verger Executive VP, Chief Digital & Information Officer
Eric Dalbies Senior VP-Research, Technology & Innovation
Sector and Competitors