For the first half of 2024, Safran reports a 37% increase in net income (group share) to 1.43 billion euros and a 41% increase in operating income recurring (OIR) to 1.97 billion euros, representing a margin improvement of 2.3 points to 15.1%.
Sales of the aircraft engine and equipment manufacturer rose by 19.2% to over 13 billion (+18.7% on an organic basis), with organic growth of 23.1% in equipment and defense, and 26.6% in aircraft interiors.
For 2024, Safran confirms its forecast (on a like-for-like and adjusted basis) of sales of around 27.4 billion euros, operating income close to four billion and free cash flow of around three billion 'depending on the timing of payment of certain installments'.
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Safran is a high technology international group, a leading equipment provider in the Aerospace and Defense markets. The group specializes in the design, manufacturing, and marketing of equipment and systems of high technology mechanical and electronic equipment. Net sales break down by product family as follows:
- aeronautic and space propulsion systems (51.2%): helicopter motors (No. 1 worldwide), civil and military airplanes motors, systems for space lancers and missiles, turboreactors for drone targets, etc.;
- aircraft equipment, defense systems and aerosystems (38%): airplane engine pods, landing gear, braking systems, electric wiring systems, etc. Safran also offers on board aircraft systems and equipment (primarily evacuation slides, emergency arresting systems, protective parachutes and oxygen systems, electrical power management systems, control systems, water and waste management systems and connectivity systems) and defense and security systems (helicopter flight controls, fingerprint-based biometric identification systems (No. 1 worldwide), inertial systems, optronic systems, tactical drone systems, etc.);
- aircraft interiors (10.7%): cabin interiors and seats;
- other (0.1%).
Net sales are distributed geographically as follows: France (19.4%), Europe (24%), the Americas (34.8%), Asia and Oceania (13.2%), Africa and the Middle East (8.6%).
SAFRAN 
