Added to YB: 2024-04-17
Pitch date: 2024-04-11
SAF.PA [bullish]
Safran SA
+43.62%
current return
Author Info
No bio for this author
Company Info
Safran SA, together with its subsidiaries, engages in the aerospace and defense businesses in France, rest of Europe, the Americas, the Asia-Pacific, Africa, and the Middle East.
Market Cap
EUR 127.1B
Pitch Price
EUR 202.83
Price Target
N/A
Dividend
0.95%
EV/EBITDA
20.57
P/E
29.08
EV/Sales
4.28
Sector
Aerospace and Defense
Category
growth
Aristotle Capital International Equity Portfolio Holding: Safran SA
SAF.PA: Safran benefiting from narrow-body air traffic recovery, aging fleet driving service demand. Pricing power in products, higher-margin aftermarket expansion ahead. LEAP engine deliveries +38% in 2023, 63% dividend boost proposed. Long-term gains from airlines upgrading to efficient, eco-friendly LEAP engines.
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