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home / news releases / SAFRY - Safran SA (SAFRF) CEO Olivier Andriès on Q2 2021 Results - Earnings Call Transcript

SAFRY - Safran SA (SAFRF) CEO Olivier Andriès on Q2 2021 Results - Earnings Call Transcript

Safran S.A. ADR
Safran SA (SAFRF) Q2 2021 Earnings Conference Call July 28, 2021, 01:30 PM ET Company Participants Olivier Andriès - CEO Bernard Delpit - Group Deputy CEO and CFO Conference Call Participants Robert Stallard - Vertical Research Celine Fornaro - UBS George Zhao - Bernstein Benjamin Heelan - Bank of America Jeremy Bragg - Redburn Tristan Sanson - Exane BNP Paribas Chris Hallam - Goldman Sachs Christophe Menard - Deutsche Bank Harry Breach - Stifel Andrew Humphrey - Morgan Stanley Presentation Operator [Call started abruptly] compared to H2 2020, where recurring operating income represented 8.2% of revenue after taking into account the effect of the activity conservation agreements in 2020. On the cash side, a good cash generation of orders to reduce the net debt in H1. On Slide 7, a focus on Propulsion. Combined shipments for CFM56 and LEAP engines reached 448 units, down 16% compared to H1 2020. That

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Safran SA (SAFRF) CEO Olivier Andriès on Q2 2021 Results - Earnings Call Transcript
Stock Information
Company Name: Safran S.A. ADR
Stock Symbol: SAFRY
Market: OTC
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