Financial PerformanceAnalyst raises estimates due to better than expected developments and price target increased to €175, notably on the back of better Free Cash Flow.
Market PositionSafran's stock has outperformed European A&D peers strongly, underpinned by a solid financial guidance and robust engine business growth with margins above 20%.
Shareholder ReturnsDividend per share is set higher than market expectations, enhancing shareholder value and reflecting the company's strong financial health.