Revenue Surges for Safran on Strong Engine Deliveries

Deep News
Apr 23

Safran Group reported a significant increase in its first-quarter adjusted revenue, driven by a sharp rise in deliveries of its LEAP aircraft engines. The French aerospace group announced on Thursday that its adjusted revenue for the quarter grew by 19% to 8.62 billion euros ($10.12 billion). Consolidated revenue reached 8.49 billion euros, up from 7.38 billion euros in the same period of 2025. This growth was primarily fueled by a 63% surge in deliveries of the LEAP engine, which powers several aircraft models from Airbus and Boeing. The company reported that sales of components and services increased by 29% and 43%, respectively. The group noted that its defense business continued to show strong order growth, largely driven by robust demand in the European market. Safran maintained its full-year 2026 performance outlook, forecasting: - Recurring operating profit between 6.1 billion and 6.2 billion euros - Free cash flow between 4.4 billion and 4.6 billion euros

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