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Safran SA (SAF.PA)

SAF.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Safran fixes exchange ratio terms for Zodiac deal
Wednesday, 17 Jan 2018 02:34am EST 

Jan 17 (Reuters) - Safran /ZODIAC ::SAFRAN DETERMINES THE EXCHANGE RATIO FOR ITS SUBSIDIARY PUBLIC EXCHANGE OFFER ON ZODIAC AEROSPACE’S SHARES.SAFRAN ANNOUNCES THAT THE EXCHANGE RATIO FOR ITS SUBSIDIARY PUBLIC EXCHANGE OFFER ON ZODIAC AEROSPACE’S SHARES IS SET AT 0.300 SAFRAN PREFERRED SHARE FOR 1 ZODIAC AEROSPACE SHARE.SAFRAN IN PROCESS OF COMPLETING $7.7 BLN ZODIAC TAKEOVER DEAL.  Full Article

CFM And Hainan Airlines Sign $4.2 Bln MoU For Leap-1A Engines And Services
Thursday, 11 Jan 2018 09:43am EST 

Jan 11 (Reuters) - CFM INTERNATIONAL::HAINAN AIRLINES SIGNS WITH CFM INTERNATIONAL $4.2 BILLION MOU FOR LEAP-1A ENGINES AND SERVICES.ENGINES TO POWER 55 AIRBUS A320NEO AIRCRAFT, ALONG WITH LONG-TERM SUPPORT AGREEMENT FOR HAINAN AIRLINES HOLDING AND AFFILIATES‍​.  Full Article

Zodiac Aerospace: Safran Tender Offer Will Open On Dec 27 - AMF
Friday, 22 Dec 2017 06:01am EST 

Dec 22 (Reuters) - FRENCH MARKET REGULATOR AMF::ZODIAC AEROSPACE <<>>: SAFRAN TENDER OFFER WILL OPEN ON DEC 27.  Full Article

Zodiac Aerospace Q1 Revenue Falls to 1.08‍​ Billion Euros
Wednesday, 13 Dec 2017 11:45am EST 

Dec 13 (Reuters) - ZODIAC AEROSPACE ::Q1 REVENUE EUR 1.08‍​ BILLION VERSUS EUR 1.20 BILLION YEAR AGO.CONFIRMS ITS EXPECTATION TO POST A SLIGHT DECREASE IN SALES FOR 2017/2018, EXCLUDING FOREX AND SCOPE EFFECTS.CURRENT OPERATING INCOME SHOULD RISE SHARPLY FOR 2017/2018.CURRENT OPERATING INCOME FOR SECOND HALF OF YEAR SHOULD BE SIGNIFICANTLY HIGHER THAN FIRST HALF.OPERATIONAL CASH FLOW GENERATION IS EXPECTED TO REMAIN STRONG‍​ IN 2017/2018.  Full Article

French group Suez says Qatar dredging contract worth 107 mln euros
Thursday, 7 Dec 2017 05:52am EST 

Dec 7 (Reuters) - Suez ::* Suez says deal signed on Thursday to dredge and clean Qatar lagoon worth around 107 million euros ($126 million).* French President Emmanuel Macron said France and Qatar had signed commercial contracts worth around 12 billion euros in total nP6N1NF024.* Qatar has agreed to buy 12 more Rafale fighter planes from Dassault Aviation , will employ France's Suez to dredge and clean Qatar's lagoon and has retained France's RATP and SNCF to build and operate a metro system in Qatar..  Full Article

Safran Files Proposed Takeover Bid On Shares Of Zodiac Aerospace - AMF
Thursday, 7 Dec 2017 04:50am EST 

Dec 7 (Reuters) - AMF::SAFRAN <<>> FILED PROPOSED TAKEOVER BID ON SHARES OF ZODIAC AEROSPACE <<>> AT PRICE OF EUR 25 PER ZODIAC SHARE‍​.  Full Article

Safran says SilkAir signs $1 billion CFM LEAP-1B engine support agreement
Friday, 10 Nov 2017 10:15am EST 

Nov 10 (Reuters) - SAFRAN ::SILKAIR SIGNES 15-YEAR RATE PER FLIGHT HOUR MAINTENANCE AGREEMENT WITH CFM INTERNATIONAL TO SUPPORT LEAP-1B ENGINES‍​.SILKAIR SIGNS $1 BILLION CFM LEAP-1B ENGINE SUPPORT AGREEMENT.AGREEMENT INCLUDES A TOTAL OF 80 ENGINES.  Full Article

Safran and ‍MBDA partners in MMP offering for land 400 Australian army acquisition programme​
Tuesday, 7 Nov 2017 11:22am EST 

Nov 7 (Reuters) - SAFRAN ::‍MBDA AND SAFRAN PARTNERS IN MMP OFFERING FOR LAND 400 AUSTRALIAN ARMY ACQUISITION PROGRAMME.​.  Full Article

Banque Federative Credit Mutuel sells its stakes in Safran and Eiffage‍​
Tuesday, 10 Oct 2017 12:21pm EDT 

Oct 10 (Reuters) - BANQUE FEDERATIVE CREDIT MUTUEL::BANQUE FÉDÉRATIVE CRÉDIT MUTUEL ANNOUNCES THE SALE OF ITS STAKES IN SAFRAN AND EIFFAGE‍​.BANQUE FÉDÉRATIVE CRÉDIT MUTUEL - SALE OF C.3.2M SHARES OF SAFRAN, REPRESENTING APPROXIMATELY 0.8% OF THE SHARE CAPITAL.BANQUE FÉDÉRATIVE CRÉDIT MUTUEL - SALE OF C.2.8M SHARES OF EIFFAGE, REPRESENTING APPROXIMATELY 2.9% OF THE SHARE CAPITAL.BANQUE FÉDÉRATIVE CRÉDIT MUTUEL SAYS WILL NO LONGER HOLD ANY SAFRAN AND EIFFAGE SHARES AFTER THESE TRANSACTIONS‍​.BANQUE FÉDÉRATIVE CRÉDIT MUTUEL - BOOKBUILDINGS WILL COMMENCE IMMEDIATELY.BANQUE FÉDÉRATIVE CRÉDIT MUTUEL - BOOKBUILDINGS WILL BE MANAGED BY SOCIÉTÉ GÉNÉRALE CORPORATE & INVESTMENT BANKING, SOLE BOOKRUNNER.BANQUE FÉDÉRATIVE CRÉDIT MUTUEL - DEFINITIVE TERMS OF THE PLACEMENTS WILL BE DETERMINED FOLLOWING THE COMPLETION OF THE BOOKBUILDINGS PROCESS.  Full Article

Delays of Zodiac's Seats UK branch now amount in days, CFO says
Wednesday, 13 Sep 2017 11:45am EDT 

Sept 13 (Reuters) - Zodiac Aerospace Sa :"We are working with less tensions in relationships with OEMS (aircraft manufacturers)," Zodiac CFO Didier Fontaine said in a conference call. .Delays in deliveries of Zodiac's Seats UK branch now amount in days, not months, CFO said. .  Full Article

European satellite launch firm Arianespace expects record number of launches for 2018

PARIS, Jan 9 European satellite launch company Arianespace, facing competition from newcomers to its market, expects a record number of launches this year, which it said on Tuesday should stand it in good stead for strong future growth.