Safran Posts Double-Digit Revenue Growth on Surge in Engine Deliveries

By Cristina Gallardo

Safran's adjusted revenue climbed in the first quarter, driven by a surge in deliveries of LEAP aircraft engines.

The French aerospace group said Thursday that adjusted revenue for the period rose 19% to 8.62 billion euros ($10.12 billion) in the first quarter, while consolidated revenue amounted to 8.49 billion euros, up from 7.38 billion euros in the same period of 2025.

This growth was mostly driven by a 63% jump in deliveries of LEAP engines, which power Airbus and Boeing aircraft. Sales of spare parts and services went up 29% and 43% respectively, Safran said.

Order intake for defense activities continued its good momentum, mostly due to strong demand from Europe, it added.

The company backed its 2026 outlook. It continues to expect recurring operating income between 6.1 billion and 6.2 billion euros, and free cash flow between 4.4 billion and 4.6 billion euros.

Write to Cristina Gallardo at [e-mail]

(END) Dow Jones Newswires

04-23-26 0126ET