Safran SA

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Safran SA

logo
legal form Société Anonyme
ISIN FR0000073272
founding 2005
Seat Paris , FranceFranceFrance 
management Philippe Petitcolin , CEO
Number of employees 95,000 (2019)
sales 24.6 billion euros (2019)
Branch Aerospace
Defense
Website www.safran-group.com

The Safran SA is a listed technology group based in Paris . It was created in 2005 from the merger of the aeronautical group Snecma, which was previously largely owned by the French state, and the company Sagem , which is active in electronics, communication technology and defense technology . The company employs 95,000 people worldwide and generated sales of EUR 24.6 billion in the 2019 financial year. Safran invests around 7% of its sales in research and development, which is also reflected in innovation rankings. Subsidiaries include Safran Aircraft Engines , Safran Helicopter Engines , Safran Electrical & Power , Safran Nacelles , Safran Landing Systems , Safran Transmission Systems (previously Hispano-Suiza ) (aviation equipment) and Safran Electronics & Defense . In February 2018, the Safran Group took control of Zodiac Aerospace , expanding its sphere of activity to include aviation equipment and systems.

Financial data

François-Hussenot headquarters in Massy (Essonne) , France

The company's shares first traded on the Paris Stock Exchange on May 13, 2005. They were initially part of the CAC Next 20 index, which brings together the next 20 companies listed in the CAC40 on the Paris Stock Exchange in terms of share capital , and later moved up to the CAC40.

Corporate earnings

Financial data
year 2010 2011 2012 2013 2014 2015 2016 2017
Sales in billions of euros 10.76 11.74 13.6 14.7 15.36 15.53 15.78 16.52
Net result in million euros 508 644 999 1193 1248

Ownership

Overall, three large groups of owners can be identified for the group, including the French state with an 11.2% share, 6.8% belong to employees of the company and 81.4% are in free float. In December 2019 the following distribution resulted:

  • French state: 11.2%
  • Group employees: 6.8%
  • Free float: 81.4%
  • Ownership: 0.6%

Products by business area

Aerospace

As a supplier, Safran is involved in the construction of aircraft and helicopter types from many manufacturers and is the main supplier for the cryotechnical engines of the European launch vehicle Ariane 5. Together with General Electric, the subsidiary Snecma produces, for example, the CFM 56 engine, which is used in the Boeing 737 and the Airbus A320 is used. Safran Landing Systems is the market leader in landing gear for aircraft. Safran Electrical & Power is the leading supplier of electrical connection systems for the aviation industry.

The company Safran Electronics & Defense GmbH (Murr near Stuttgart) is one of the leading suppliers of fiber optic gyroscopes (4000 pieces per year) that are required for inertial navigation systems.

Safran has a stake in the space company Arianespace through the ArianeGroup joint venture .

Drives

Aerospace propulsion systems make up half of sales. Daughters are in the drive area

Aircraft equipment

Safran Landing Systems' front landing gear on a Bombardier Global 6000

The division contributes 28.8 percent to total sales. The largest subsidiaries in this area are:

  • Safran Landing Systems : landing gears and braking systems
  • Safran Nacelles : engine nacelles
  • Safran Electrical & Power : electrical cabling systems and on-board power systems
  • Safran Transmission Systems: Energy conversion and energy management systems
  • Zodiac Aerospace

Military technology

With 8 percent of total sales, this is the group's smallest division and is also supplied by Safran Electronics & Defense . It is operated by the subsidiary Sagem, which specializes in optronics, avionics, electronics and software. Previously, Safran Electronics & Defense (previously Sagem) was also a telecommunications supplier (cell phones, DSL modems, receivers for digital television and fax machines). In 2008 Safran separated from its telecommunications division in two steps: Sagem Communication was sold to the American Gores Group in January , and Sagem Mobiles was sold to the French financial investor Sofinnova in August .

Saffron in Germany

In Germany, Safran and its subsidiaries have 12 production facilities, a representative office and two research and development centers in the federal states of Hamburg, Schleswig-Holstein, North Rhine-Westphalia, Bavaria, Hesse and Baden-Württemberg. The group employs a total of around 2500 people in Germany, primarily in engineering professions.

In the aviation cluster of the Hamburg metropolitan region, Safran is represented as an Airbus supplier with three subsidiaries and cooperates with university research institutions. In addition, Safran Nacelle opened a new plant for engine nacelles in Hamburg in 2016.

Aerospace

  • Safran Helicopter Engines (Hamburg): In Germany, Turbomeca supplies and services gas turbines for rescue, police and military helicopters. From Hamburg, the company also supports helicopter operators in 29 countries, from Scandinavia to Central Asia.
  • Safran Electrical & Power (Hamburg): The company offers engineering services, with Airbus as its main customer. It is also active in other areas of the German aviation, automotive and rail industries. A total of 300 employees work at the Hamburg location.
  • Safran Nacelles (until May 2016 Aircelle ) (Hamburg): In the Hausbruch district of Hamburg, Aircelle is building a plant in which engines for the Airbus A320neo that are equipped with the CFM-LEAP engine have been finalized since 2016. CFM International is a joint venture, equally owned by Snecma (Safran) and General Electric.

Joint venture

Safran is involved in several joint ventures in Germany:

EPI Europrop International GmbH (Munich): The joint venture between Safran Aircraft Engines (Safran) and ITP, MTU and Rolls-Royce, based in Munich, produces the TP 400-D6 engine for the Airbus A400M military transporter.

MTR GmbH (Hallbergmoos): The joint venture between Safran Helicopter Engines (Safran), MTU and Rolls-Royce based in Hallbergmoos produces the MTR 390 engine for the Tiger combat helicopter.

Aerospace Embedded Solutions GmbH (Munich): The joint venture between Safran Electronics & Defense (Safran) and MTU, based in Munich, develops programs and electronic equipment for civil and military use.

ArianeGroup: The joint venture between Airbus and Safran with its three core business areas: aerospace (propulsion systems and equipment), defense and security, which was founded on January 1, 2015 with the aim of developing and later manufacturing the Ariane 6 rocket.

Web links

Commons : Saffron  - Collection of images, videos and audio files

Individual evidence

  1. a b c d FULL YEAR 2019 EARNINGS. Retrieved March 13, 2020 .
  2. France's Safran beats forecasts, helped by aircraft equipment demand . In: Reuters . February 27, 2018 ( reuters.com [accessed February 28, 2020]).
  3. 2014 Global R&D Funding Forecast, p. 27. Thomson Reuters Names the World's Top 100 Most Innovative Organizations for 2013 ( Memento of the original of December 13, 2013 in the Internet Archive ) Info: The archive link was automatically inserted and not yet checked. Please check the original and archive link according to the instructions and then remove this notice. EU R&D Scoreboard - The 2012 EU Industrial R&D Investment Scoreboard, p. 87. @1@ 2Template: Webachiv / IABot / thomsonreuters.com
  4. Results. In: safran-group.com. Retrieved February 28, 2020 .
  5. Capital structure and voting rights. In: safran-group.com. Retrieved February 28, 2020 .
  6. http://www.arianespace.com/launch-services-ariane5/industrial-team.asp
  7. ↑ Directory of members by manufacturer. In: BDLI.de. Retrieved February 28, 2020 .
  8. Aerokurier: Power for sightseeing helicopters. March 18, 2014.
  9. Safran: record 2014 results. In: safran-group.com. February 24, 2015, accessed February 28, 2020 .
  10. Zodiac accepts reduced Safran offer after profit warnings . In: Reuters . May 24, 2017 ( reuters.com [accessed February 28, 2020]).
  11. Groupe. In: safran-group.com. Retrieved February 28, 2020 .
  12. ^ Saffron in Germany. In: safran-group.com. July 1, 2016, accessed February 28, 2020 .
  13. Hamburg Aviation (2013): Visions and job prospects for everything to do with Hamburg's aviation technology
  14. Hamburger Abendblatt- Hamburg: Airbus supplier creates 100 jobs in Hamburg. May 20, 2014, accessed February 28, 2020 .
  15. Safran Nacelles in Germany. In: safran-nacelles.com. May 25, 2015, accessed February 28, 2020 .
  16. Archive link ( Memento of the original from October 24, 2014 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.  @1@ 2Template: Webachiv / IABot / www.turbomeca.com
  17. Flight review: Aircelle builds plant in Hamburg. April 9, 2014
  18. Archive link ( Memento of the original from May 14, 2010 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.  @1@ 2Template: Webachiv / IABot / www.europrop-int.com
  19. MTRI - MTR. In: mtr390.com. Retrieved February 28, 2020 .
  20. Aerospace Embedded Solutions ( Memento of the original dated November 5, 2014 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.  @1@ 2Template: Webachiv / IABot / www.mtu.de