(CercleFinance.com) – UBS reiterates its neutral advice on the value with a price target of E200, which represents a variation of -2%.
‘We are generally in line with the consensus on sales expectations for the 1st quarter of 2024, with a turnover of 6,175 ME’ indicates UBS.
‘We see an upside outlook in the propulsion sector, but a downside risk in the equipment sector’ indicates the analysis office.
For 2024, Safran expects a turnover of around 27.4 billion euros and current operating income close to four billion on an adjusted basis.
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