Safran SA (XPAR:SAF)

€ 212.5 0.2 (0.09%) Market Cap: 87.80 Bil Enterprise Value: 87.24 Bil PE Ratio: 25.90 PB Ratio: 7.47 GF Score: 80/100

Q3 2019 Safran SA Corporate Sales Call Transcript

Oct 31, 2019 / 07:30AM GMT

Release Date Price: €141.85 (-0.67%)

Transcript

Operator

Ladies and gentlemen, welcome to the Safran Q3 2019 Revenue Conference Call. At this time, I would like to turn the conference over to your host Philippe Petitcolin, Safran's CEO; and Bernard Delpit, Group CFO.

Mr. Petitcolin, please go ahead.

Philippe Petitcolin

Safran SA - CEO & Director

Thank you. Thank you very much. Good morning, everyone, and welcome on today's call to present our business highlights and revenue for the third quarter and the first 9 months of 2019. As usual, the press release and the presentations are available on our website.

To sum up the equity, we had a very robust revenue in Q3, and we are right on track to meet our fiscal year 2019 revenue guidance as disclosed in early September. I will start with the highlights and will give the floor to Bernard for the financials.

So let's start the presentation on Slide 4, solid underlying business in Q3 and the first 9 months of the year. In Q3 2019, we reported revenue of EUR 6.1 billion, up 14%, 1-4, and the organic growth sustained at 9.8%. For the first 9

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