Safran sees UK government appetite for closer EU industrial policy ties
Britain's Labour government is showing willingness to work more closely with the European Union on industrial policy, Safran Chief Executive Olivier Andries says. The comments matter for the French aerospace supplier because the group operates 14 facilities across England and Wales while the UK reassesses its post-Brexit economic ties.
Highlights
- The new UK Labour government under Prime Minister Andy Burnham signals intent to rebuild industrial policy ties with the EU post-Brexit.
- Safran's strategy is directly impacted due to its 14 industrial sites in England and Wales amid shifting UK-EU industrial relations.
- Despite reaffirming its 2026 outlook and reporting higher Q3 revenue, Safran shares fall on investor concerns over aftermarket sales growth potentially slowing through 2027.
Government stance and industrial ties
As reported by Reuters, Andries says the new UK government is making a conscious effort to rebuild closer links with Europe through partnerships tied to industrial policy.He points to what he describes as an appetite within Prime Minister Andy Burnham's Labour administration to work with the EU, reflecting a broader rethink of relations with Brussels after the UK's 2016 vote to leave the bloc.
Safran's UK footprint and market backdrop
The policy direction is relevant for Safran because the aircraft engine maker has a sizeable industrial presence in Britain, with 14 sites across England and Wales listed on its website.Earlier this month, the company reports higher third-quarter revenue and reaffirms its 2026 outlook. Even so, Safran shares fall as investors worry that slower growth in aftermarket sales could extend into 2027.
In our earlier article on Mario Draghi’s warning about the risks of overly restrictive monetary policy, we explained his argument that fighting inflation and containing debt should not come at the expense of long-term investment and productivity. We also noted his call for deeper EU market integration and stronger industrial policy tools, including targeted funding to de-risk strategic investment, as a way to support growth even in a tighter rate environment.
Latest Safran News
-
Afghanistan
-
Albania
-
Algeria
-
Angola
-
Argentina
-
Armenia
-
Australia
-
Austria
-
Azerbaijan
-
Bahamas
-
Bahrain
-
Bangladesh
-
Belarus
-
Belgium
-
Bolivia
-
Botswana
-
Brazil
-
Brunei
-
Bulgaria
-
Cambodia
-
Cameroon
-
Canada
-
Chile
-
China
-
Colombia
-
Congo
-
Costa Rica
-
Cote d'Ivoire
-
Croatia
-
Cuba
-
Cyprus
-
Czechia
-
DR Congo
-
Denmark
-
Dominican Republic
-
Ecuador
-
Egypt
-
El Salvador
-
Estonia
-
Eswatini
-
Ethiopia
-
Finland
-
France
-
Georgia
-
Germany
-
Ghana
-
Greece
-
Haiti
-
Hong Kong
-
Hungary
-
India
-
Indonesia
-
Iran, Islamic republic
-
Iraq
-
Ireland
-
Israel
-
Italy
-
Jamaica
-
Japan
-
Jordan
-
Kazakhstan
-
Kenya
-
Korea
-
Kuwait
-
Kyrgyzstan
-
Laos
-
Latvia
-
Lebanon
-
Lesotho
-
Libya
-
Lithuania
-
Luxembourg
-
Madagascar
-
Malaysia
-
Malta
-
Mauritius
-
Mexico
-
Moldova
-
Mongolia
-
Montenegro
-
Morocco
-
Mozambique
-
Myanmar
-
Namibia
-
Nepal
-
Netherlands
-
New Zealand
-
Nigeria
-
North Macedonia
-
Norway
-
Oman
-
Pakistan
-
Palestine
-
Panama
-
Papua New Guinea
-
Paraguay
-
Peru
-
Philippines
-
Poland
-
Portugal
-
Puerto Rico
-
Qatar
-
Reunion
-
Romania
-
Rwanda
-
Saudi Arabia
-
Serbia
-
Singapore
-
Slovakia
-
Slovenia
-
Somalia
-
South Africa
-
Spain
-
Sri Lanka
-
Sweden
-
Switzerland
-
Syria
-
Taiwan
-
Tajikistan
-
Tanzania
-
Thailand
-
Trinidad and Tobago
-
Tunisia
-
Turkey
-
UAE
-
Uganda
-
Ukraine
-
United Kingdom
-
United States
-
Uruguay
-
Uzbekistan
-
Venezuela
-
Vietnam
-
Yemen
-
Zambia
-
Zimbabwe
- Forex
- Crypto
