Safran has reported first-quarter 2015 adjusted revenue growth of 14.3% (2.4% organic) mostly driven by Aerospace services and Security activities. First-quarter 2015 adjusted revenue was up 14.3% to €3.935bn, which includes significant positive currency impacts mainly due to the considerable strengthening of the US dollar. The average USD/EUR spot rate in Q1 2015 was 1.13 compared with 1.37 a year ago. Adjusted revenue growth was 3.4% at constant currency or 2.4% on an organic basis, driven by continued momentum in Aerospace services and Security activities. The civil aftermarket grew 17.8% in US dollar terms, and continues to be driven by
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