UPDATE 1-Safran ready to expand cost-saving measures as crisis expands [Reuters]
SAFRAN SA UNSPON/ ADR (SAFRY)
NASDAQ:AMEX Investor Relations:
safran-group.com/finance/investor-relations
Company Research
Source: Reuters
UPDATE 1-Safran ready to expand cost-saving measures as crisis expands (Adds background, detail) PARIS, March 12 (Reuters) - French aerospace contractor Safran is preparing to expand planned cost-saving measures as the coronavirus crisis widens, Chief Executive Philippe Petitcolin said. Safran said in February that to reach its annual forecasts it was targeting 300 million euros ($326 million) of cost savings and other belt-tightening measures to cope with the 737 MAX outage and the impact of the coronavirus on its China operations. Petitcolin told the AJEF French journalists’ association on Thursday that the forecasts did not take into account the possibility of significant disruption in Europe and the United States, or a widespread halt to airline operations. “We are entering a period where it will be necessary to make a significant effort,” Petitcolin said, adding it was not yet possible to predict what level of savings would be needed. Safran has already implemented reduced workin
Show less
Read more
Impact Snapshot
Event Time:
SAFRY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SAFRY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SAFRY alerts
High impacting SAFRAN SA UNSPON/ ADR news events
Weekly update
A roundup of the hottest topics
SAFRY
News
- aiMotive and Safran collaborate to make ADAS & AD development safer [Yahoo! Finance]Yahoo! Finance
- KNDS, Europe's biggest tank maker, names Safran veteran Alary as CEO [Yahoo! Finance]Yahoo! Finance
- GE Aerospace and NASA partnering on flight tests to accelerate industry's understanding of contrails [Yahoo! Finance]Yahoo! Finance
- Safran appoints new CEOs for its Aircraft Engines, Electrical & Power units [Yahoo! Finance]Yahoo! Finance
- Euronext Paris Stocks Including Safran Believed To Be Trading Below Intrinsic Value Estimates [Yahoo! Finance]Yahoo! Finance