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Earnings Data
Report Date
Jul 28, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.48Last Year’s EPS
1.09Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a strongly positive operational and financial performance: robust revenue growth (+14.7% to EUR 31.3bn), record LEAP deliveries (+28%), significant margin expansion (+150 bps to 16.6%), and materially higher free cash flow (+23% to EUR 3.9bn). Management upgraded multi‑year targets and reiterated strong 2026 guidance. Key risks include FX volatility and hedging exposure, a non‑trivial French corporate surtax impact, one‑off charges, tariffs and ongoing supply‑chain/raw‑material risks, and the timing of LEAP RPFH profit recognition (mostly post‑2030). Overall, the positives (revenue, margin, cash generation, market share gains, upgraded guidance and defense momentum) materially outweigh the headwinds.Company Guidance
Strong Group Revenue Growth
Group revenue EUR 31.3 billion in 2025, up EUR 4.0 billion or +14.7% year-on-year (14.8% organic). OE sales +11.3% and Services revenue +18%.
LEAP Production Ramp and Deliveries
Delivered a record 1,802 LEAP engines in 2025, up 28% vs 2024; Q4 deliveries 562 engines (+49% YoY). Company targets a further ~15% LEAP delivery increase in 2026 and ~2,600 engines by 2028.
Improved Profitability and Margins
Recurring operating income EUR 5.2 billion (+>EUR 1 billion YoY) and group operating margin improved 150 basis points to 16.6% of sales.
Propulsion Outperformance
Propulsion revenue EUR 15.7 billion (+17.6% organic). Propulsion recurring operating income EUR 3.6 billion (+28% organic) with operating margin at 23%, up 240 bps.
Equipment & Defense Momentum
Equipment & Defense sales EUR 12.3 billion (+11% organic, +16% including scope). Recurring operating income EUR 1.6 billion; margin up 50 bps (90 bps ex-Collins), progress toward 15% margin target for 2028.
Aircraft Interiors Turnaround
Aircraft Interiors sales EUR 3.3 billion (+14%), back to 2019 levels. Recurring operating income crossed EUR 100 million and operating margin rose 230 bps. Business achieved cash breakeven with a EUR 140 million YoY cash improvement.
Free Cash Flow and Conversion
Free cash flow EUR 3.9 billion (+23% YoY) and an EBIT-to-cash conversion ratio of 75%. Inventory DSOs reduced by 9 days in 2025.
Balance Sheet Strength & Capital Returns
Ended 2025 net cash positive (roughly same level as 2024) at ~0.3x EBITDA. Proposed dividend EUR 3.35/share (+16% YoY, 40% payout on adjusted net income). Executed share buybacks (5.1m shares, EUR 1.3bn) and cancelled shares for accretion.
Upgraded 2028 Targets and 2026 Outlook
Raised 2024–2028 revenue CAGR to ~10% and increased 2028 EBIT guidance by EUR 1 billion. 2026 guidance: revenue up low- to mid-teens, recurring operating income EUR 6.1–6.2 billion, free cash flow EUR 4.4–4.6 billion (including estimated EUR 470m surtax).
Defense Order Momentum & Strategic Wins
Defense order intake strong (1.6 book-to-bill in defense electronics), new Rafale export contract with Indian Navy, M88 production ramp and M88 MRO expansion (Hyderabad), JV for HAMMER guided bombs, and accelerated industrial investments in defense.
Aftermarket & MRO Upside (CFM56 and LEAP)
CFM56 shop-visit assumptions upgraded to a plateau of ~2,300–2,400 visits/year through 2025–2028 (adds >750 shop visits vs prior CMD assumptions). LEAP aftermarket strengthening with 1,450 HPT blade kits produced and reverse-bleed adoption ~50% on LEAP-1A fleet.
SAFRY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
SAFRY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 13, 2026 | $90.59 | $97.82 | +7.98% |
Jul 31, 2025 | $79.96 | $82.19 | +2.79% |
Feb 14, 2025 | $63.14 | $63.64 | +0.80% |
Jul 31, 2024 | $54.53 | $54.11 | -0.78% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Safran Sa Unsponsored Adr (SAFRY) report earnings?
Safran Sa Unsponsored Adr (SAFRY) is schdueled to report earning on Jul 28, 2026, Before Open (Confirmed).
What is Safran Sa Unsponsored Adr (SAFRY) earnings time?
Safran Sa Unsponsored Adr (SAFRY) earnings time is at Jul 28, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SAFRY EPS forecast?
SAFRY EPS forecast for the fiscal quarter 2026 (Q2) is 1.48.