Safran: raises outlook for 2025
(CercleFinance.com) - Safran has raised its outlook for 2025, still targeting sales growth of around 10%, but now current operating income of E4.
8bn to E4.9bn and free cash flow of E3bn to E3.2bn.
In 2024, the high-tech group posted a 51% increase in net income (group share) to E3.07bn, a 30.1% rise in adjusted operating income recurring to E4.12bn (+27% in organic terms), and free cash flow of E3.19bn.
Sales rose by 17.8% to E27.3bn, with organic growth of 17.1%, including 15% for propulsion (thanks to services for civil engines), 17.7% for equipment and defense, and 25.2% for aircraft interiors.
For FY 2024, a dividend of E2.90 per share will be submitted to the AGM on 22 May, representing a 32% increase over the 2023 dividend and a payout ratio of 40% of adjusted net income.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
8bn to E4.9bn and free cash flow of E3bn to E3.2bn.
In 2024, the high-tech group posted a 51% increase in net income (group share) to E3.07bn, a 30.1% rise in adjusted operating income recurring to E4.12bn (+27% in organic terms), and free cash flow of E3.19bn.
Sales rose by 17.8% to E27.3bn, with organic growth of 17.1%, including 15% for propulsion (thanks to services for civil engines), 17.7% for equipment and defense, and 25.2% for aircraft interiors.
For FY 2024, a dividend of E2.90 per share will be submitted to the AGM on 22 May, representing a 32% increase over the 2023 dividend and a payout ratio of 40% of adjusted net income.
Copyright (c) 2025 CercleFinance.com. All rights reserved.