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SAFRY - Safran's Installed Base Gives It Resilience
April, 09 2022 09:00 AM
Safran S.A. ADR
Safran is a premier aerospace company that has solid cash flows thanks to its prolific engines and installed base. Recovery in civil segments is also nice for the EBITDA picture. However, civil segments remain unattractive due to volatility around the virus, which could see new variants that are less attenuated than Omicron. And the valuation of Safran is not low, so we'd prefer to look elsewhere in aerospace, and would much rather just hold Dassault Aviation. For further details see:
Safran's Installed Base Gives It Resilience
Stock Information
Company Name:
Safran S.A. ADR
Stock Symbol:
SAFRY
Market:
OTC
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