Safran
S. A. Safran is a French -listed conglomerate.
Saffron originated in 2005 from the merger of the previously largely owned by the French state aeronautics group Snecma and active in electronics, communications and weapons technology company Sagem. Saffron is Europe's second largest manufacturer of aircraft engines.
- 2.1 drives
- 2.2 Aircraft Equipment
- 2.3 Communication
- 2.4 Military Technology
Financial data
The company's shares were traded on the Paris stock exchange on 13 May 2005 for the first time. She was initially included in the CAC Next 20 index, in which the 20 are gathered under the CAC40 listed on the Paris stock exchange next after the share capital, and moved later on in the CAC40.
Company results
Ownership
Overall, three major groups of owners for the group can be identified, this includes the French state with about 30 % share, 20 % is owned by the company's employees and 40 % are in free float. In 2007, the following breakdown:
- French State: 30.8 %
- Employees of the group: 19.6%
- Areva: 7.4%
- BNP Paribas: 1.7%
- Free Float: 38.6 %
Products
Drives
Air and Space Propulsion account for more than half of sales. Together with General Electric, the SAFRAN subsidiary Snecma ago the engine CFM 56 that is used in the Boeing 737 and the Airbus A320.
More daughters in the drive area are
- Turboméca: gas turbines for helicopters
- Micro Turbo: Gas turbines for unmanned aircraft, APUs and terrestrial applications (eg electricity generation)
- Snecma Propulsion Solide: solid drives for aerospace and military applications
- Techspace Aero: Components and services for drives
Aircraft equipment
In the production of landing gears for aircraft, the Group is the global market leader with its subsidiaries Messier - Dowty. The division contributes 22 percent of total sales. These include:
- Messier - Bugatti - Dowty (until 2011 separated into Messier - Dowty, Messier - Bugatti and Messier Services)
- Aircelle
- Labinal
- Hispano -Suiza
- Teuchos
Communication
In the communications industry saffron produced under the brand Sagem. Were offered mobile phones, DSL modems, receivers for digital TV and Faxes. 2008 Saffron has separated into 2 steps back from Sagem: in January was the sale of Sagem Communication to the American Gores Group, Sagem Mobiles in August was sold to the French financial investor Sofinnova. Sagem Orga GmbH, a subsidiary company, based in Paderborn / Germany, develops and manufactures smart cards for the telecommunications, identification, health care and banking.
Military technology
With 12 percent of total sales, the defense division is the smallest division of the Group and is also supplied by Sagem.