Analyst Research

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Provider: Reuters Investment Profile
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Provider: Finlabo SIM Spa
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Provider: Sadif Analytics Prime
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Provider: Acquisdata
$15.00

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Safran SA Raises FY 2013 Revenue Guidance; Comments on FY 2013 Recurring Operating Income Guidance


Tuesday, 23 Apr 2013 01:01am EDT 

Safran SA announced that its fiscal year 2013 revenue outlook is upgraded further to first-quarter revenue dynamics and the integration of Goodrich Electrical Power Systems business from April 1, 2013. Revenue for fiscal year 2013 is to increase by a percentage in the mid-to-high single digits (previously 5%) at an estimated average rate of USD 1.29 to the Euro. Adjusted recurring operating income for fiscal year 2013 is to increase by a percentage in the mid-teens at a hedged rate of USD 1.29 to the Euro. The Company reported fiscal year 2012 revenue of EUR 13.560 billion. According to I/B/E/S Estimates, analysts on average are expecting the Company to report fiscal year 2013 revenue of EUR 14.584 billion. 

Company Quote

51.71
0.8 +1.57%
21 Nov 2014