SAFRF News and Press, Safran S.A. From 02/22/23

Summary SAFRF is well-positioned in the civil aviation sector with a strong product lineup, particularly in the narrow body engine market. Despite a slightly weaker performance in the Civil Aftermarket in 4Q, SAFRF's overall FY22 results were in line with expectations, with a healthy ba...

Summary Tweedy, Browne’s 13F portfolio value decreased from $2.27B to $1.88B this quarter. They increased Ionis Pharmaceuticals while reducing most of the other stakes. Berkshire Hathaway at ~20% of the portfolio is the largest position. This article is part of a se...

Summary RGA Investment Advisors, LLC is an independent investment management firm. The Company builds client portfolios with a low turnover, long-term investment strategy focused on identifying fundamentally attractive securities. Many businesses and investors alike, ourselves included,...

Summary Kratos Defense & Security Solutions, Inc. and Boom Supersonic have partnered for the development of supersonic engines for the Boom Overture. The Boom Overture is an ambitious project with a changing business case and development timeline. The concept is promising, but c...

Summary Safran SA in the first three quarters of 2022 achieved organic growth of 17.9%. Safran is a 50% owner with GE aerospace of CFM, a joint venture which manufactures engines used by Boeing, Airbus, and the Chinese airline manufacturer of the new 919. CFM's narrow-bodied e...

Summary I haven't abandoned what I call the "Tech Titans" but I am definitely keeping them on a shorter leash. I have been diversifying my portfolio to include energy, healthcare, and financials. This week is going to be very interesting, Tuesday is Election Day and by all acc...

Summary Safran is basically a high margin aftermarket recovery play now that is a bet on flight hours. CFM56 engines dedicated to weaker Boeing platforms are not doing as well, but companies are stocking on spare parts and even spare engines. Supply chain issues are responsibl...

Summary I bought my first shares in Safran a few months back before the serious decline in the stock market began. I remain at a positive stance on Safran overall - and in this article, I'm going to show you why that is. I think the company has a significant, double-digit upsi...

Summary Boeing to remarket planes built for China. Boeing has around 120 jets for China that cannot be delivered at this time. Decision shows Boeing's frustration with China and its willingness to deliver those jets. In a recent report , I discussed the delivery ...

While the Tweedy, Browne Funds were not immune to the challenges during the quarter, they, for the most part, held up much better than their benchmark international and global indices. It is impossible, of course, to know whether markets have hit bottom, but if the past is prologue co...