Accueil > Actualité
Actualite financiere : Actualite bourse

Safran: H1 adjusted earnings down 63%

( - Safran has published H1 2020 adjusted net income, group share of 501 million euros, down 63% from the 1,353 million euros in H1 2019, as well as an underlying operating margin that is down 4.
8 points at 10.8% of sales.

Sales reached 8,767 million euros, down 27.6%. On an organic basis, sales fell by 29%, in particular with a 33% contraction for propulsion, due to low volumes in OE (civil aircraft) and a decline in service activities.

Assuming a gradual recovery in air traffic, for 2020 Safran forecasts an underlying operating margin of around 10%, with adjusted sales down around 35%, with a similar fall in organic terms.

Copyright (c) 2020 All rights reserved.




Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.