上半年业绩：重获完成2009年任务的信心, 赛峰集团
Release Date: 2009-07-31
The Safran Supervisory Board met on Wednesday, July 29, 2009, with Chairman Francis Mer presiding, to approve the financial statements for the first half of 2009.
Acting on a proposal by Chief Executive Officer Jean-Paul Herteman, and after reading a report by the Appointment Committee, the Supervisory Board appointed four new members to the Executive Board.
First-half 2009 results
All figures in this press release represent adjusted data (see Appendix 1).
€5,149 million in adjusted consolidated revenue, up 1.8% on the first half of 2008
Services share of revenues increased to 47% in Aerospace Propulsion revenue and 32% in Aircraft Equipment
Very strong organic growth in Security business (+30%)
Profit from recurring operations €324 million, representing 6.3% of revenue
Earnings per share of €0.70 versus €0.38 in first-half 2008
Free cash flow up sharply to €164 million, from €39 million in first-half 2008
Net debt roughly stable at €690 million (representing a gearing of 16%)
Jean-Paul Herteman, Safran’s Chief Executive Officer, stated: "Our first-half 2009 results – which were achieved in a difficult operating environment in the civil aviation sector – are in line with our objectives for the full year and illustrate how resilient the Group’s business model is. The first six months of 2009 saw services increase their share of Aerospace Propulsion and Aircraft Equipment revenue. At the same time, our Security business expanded considerably, resulting in strong organic growth of 30% in a market that gained 15% worldwide. It also saw a sharp rise in profitability, with operating margin coming in at 7.7%. During the period, the Security business also announced the imminent acquisition of GE Homeland Protection, a worldwide leader in airport detection systems.
Jean-Paul Herteman added : "Based on our first-half performance – which was bolstered by the steps we have taken to adapt our cost structure (such as by reducing overheads and streamlining our employee base) – and despite the challenging economic context we feel confident that the Group’s operating margin will come in at around 6%, ie the upper end of the target range set for full-year 2009."
| Type: | NORMAL |
| Company: | 赛峰集团 |
| Country: | 法国 |
| Url: | http://www.safran-group.com/site-safran-en/press-media/press-releases/2009-447/article/first-half-results-proving-10009?10009 |