Europe

Safran sees little impact from Middle East, expects full-year revenue to be higher-end of guidance

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Safran sees little impact from Middle East, expects full-year revenue to be higher-end of guidance

Safran has reported strong first-quarter revenues, beating forecast, which was driven by the “strong pace” in its civil engine activities.Adjusted revenues were up 18.8% to €8.6bn. Propulsion revenues were up 23.6% to €4.6bn, which was driven by its successful aftermarket services – partic...

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