Although focusing on the shift from its best-seller, i.e. the CFM56, to its new almost-full-order-backlog engine, i.e. the LEAP (1A, 1B and 1C), Safran still reported good figures in its FY results. It has fulfilled its promise to improve its operating and net profit margins while maintaining a flat capex. Following this strong performance, the group has increased its dividend by 10% to €1.52. It has also reorganised its portfolio of activities with the security activity now considered a
27 Feb 2017
Bottom-line's upward leap
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Bottom-line's upward leap
Safran SA (SAF:WBO) | 0 0 1.4% | Mkt Cap: 37,132m
- Published:
27 Feb 2017 -
Author:
Marc Laubel -
Pages:
3
Although focusing on the shift from its best-seller, i.e. the CFM56, to its new almost-full-order-backlog engine, i.e. the LEAP (1A, 1B and 1C), Safran still reported good figures in its FY results. It has fulfilled its promise to improve its operating and net profit margins while maintaining a flat capex. Following this strong performance, the group has increased its dividend by 10% to €1.52. It has also reorganised its portfolio of activities with the security activity now considered a