Safran SA
SAF: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $$W | LOCK|K& | LOCK|xkw$prds |
Safran Earnings: Strong Performance Driven by Aftermarket Service and Equipment Sales
In the third quarter of 2024, wide-moat Safran reported a notable revenue increase to EUR 6.6 billion, achieving 17% organic growth year over year. This significant growth, which fell short of expectations, occurred despite ongoing supply chain bottlenecks that hit delivery rates.
