(News Bulletin 247) – The analysis office confirms its advice to buy with a price target of 160 E before the announcement of the figures for the 1st quarter of 2023.
“We expect a turnover of 5,134 million euros. We think a reasonable range for Q1 estimates is probably €5-5.15 billion in revenue. We estimate that aftermarket services for the civil sector grew by 27%, which is higher than the forecast of 20% for the financial year,” said UBS.
For the 2023 financial year, Safran expects to achieve revenue of at least €23 billion and current operating income of around €3.0 billion.
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