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Safran completes the acquisition of Goodrich Electrical Power Systems to create a world leader in aerospace electrical power systems
Paris, March 27, 2013 - After completing all required approval procedures, Safran (NYSE Euronext Paris: SAF) today announced that it has finalized yesterday the acquisition of Goodrich Electrical Power Systems (GEPS), a leading supplier of on-board aerospace electrical power systems. The cash consideration for the transaction amounts to approximately Euro 300 million. GEPS brings new capabilities to Safran's product offering, including the critical electrical power generation know-how and experience which is the heart of electrical power systems.
Safran Capital Markets Day 2013
- Successfully deliver civil engines to maintain leading position in single aisle aircraft market segment
- Focus on innovation in support of greater fuel efficiency and accompanying the trend towards increasing use of electrical systems in aircraft
- Strengthen leading positions in aerospace, organically and through bolt-on acquisitions
- Consolidate leading positions in security and satisfy growing demand through differentiating technology
Distribution of an interim 2013 dividend of Euro 0.48 per share
Paris, December 11, 2013 - Safran's (NYSE Euronext Paris: SAF) Board of Directors which met today decided to pay an interim 2013 dividend of Euro 0.48 per share, corresponding to a total amount of approximately Euro 200 million. This interim dividend will have an ex-date of December 16, 2013 and a payment date of December 19, 2013. Upcoming events
- FY 2013 results : February 20, 2014
- Q1 2014 revenue : April 23, 2014
- AGM : May 27, 2014
Peter Campbell named Vice President, Investor Relations at Safran
Paris, September 2, 2013 Peter Campbell was named Vice President for Investor Relations at Safran, effective September 1st. He replaces Pascal Bantegnie, who will move to another position within Safran. Peter Campbell, 45, holds an engineering degree from Aston University in the United Kingdom (1990) and an MBA from the HEC Paris business school (1998). He joined GEC Alsthom in 1990, first as a technical support engineer, then, with Cegelec, as an engineer in charge of international projects in Africa, the Middle East and India.
Résiliation d’un contrat de liquidité et mise en œuvre d’un nouveau contrat (French only)
Paris, le 4 juillet 2011 Safran (Paris: SAF - FR0000073272) annonce avoir résilié le contrat de liquidité confié jusqu'alors à Rothschild & Cie Banque (Paris), avec effet au 30 juin 2011. A la date de résiliation du contrat de liquidité confié à Rothschild & Cie Banque, les moyens suivants figuraient au crédit sur le compte de liquidité : 0 titres et 5 991 938, 05 € en espèces, contre 111 257 titres et 4 153 194 € en espèces initialement affectés à la mise en oeuvre du contrat.
ANNUAL GENERAL MEETING OF SHAREHOLDERS - Dividend payment of €0.96 per share - Modifications to the composition of the Board of Directors and specialised committees
Paris - May 28, 2013 Safran's Ordinary and Extraordinary Annual General Meeting of Shareholders was held today at the CNIT conference centre in Paris La Défense, under the chairmanship of Jean-Paul Herteman, Chairman and Chief Executive Officer of Safran. All of the resolutions submitted to shareholders at the meeting were approved by a large majority, except resolution 23, which was rejected. This resolution, which was included in the agenda at the request of a shareholder, proposed the payment of a dividend of €0.77 per share.
Safran announces the availability of its 2013 Half-Year Financial Report
Paris, July 26, 2013
Safran (NYSE Euronext Paris: SAF) has filed the French version of its 2013 Half-Year Financial Report (Rapport Financier Semestriel) with the French financial markets authority (Autorité des marchés financiers – AMF).
The 2013 Half-Year Financial Report is available to the public in accordance with French law and may be viewed or downloaded at www.safran-group.com, under the Finance, "Financial publications" section.
Safran enters into a definitive agreement for the sale of Globe Motors Inc.
Paris, August 23, 2013 - Safran (NYSE Euronext Paris: SAF) today announced that it has reached a definitive agreement to sell Globe Motors Inc., a US-based subsidiary of Safran, to Allied Motion Inc. on the basis of an expected enterprise value of 90 million USD. The transaction is subject to customary closing conditions, including regulatory approvals and the successful arrangement of debt financing by Allied Motion, and is expected close in the second half of 2013.
Safran acquires GE’s residual stake in Morpho Detection Inc.
Paris, December 4, 2012 - Safran (NYSE Euronext Paris: SAF) announces the acquisition of General Electric's residual 19% stake in Morpho Detection Inc. (MDI). The operation results from the exercise of an option provided for in September 2009 when Safran acquired 81% of MDI from General Electric. The residual 19% stake is valued at Euro 90 million and its purchase is financed by Safran's available cash in the current fiscal year. Morpho USA now owns 100% of Morpho Detection Inc. Morpho is the subsidiary of Safran dedicated to Security.
Safran completes the purchase of the Rolls-Royce share of the joint RTM322 helicopter engine programme
Paris, September 2, 2013 - Safran (NYSE Euronext Paris: SAF) announced that it finalized the acquisition from Rolls-Royce of Rolls-Royce's 50% share in their joint RTM322 helicopter engine programme. The cash consideration for the transaction amounts to Euro 293 million. Henceforth, Turbomeca (Safran's world leading helicopter engine business) will assume global responsibility for the design, production, product support and services (spares and MRO services - maintenance, repair, overhaul) for the RTM322 engine, which powers the Apache, EH101 and NH90 helicopters.