Safran reports third quarter 2023 revenue 

Significant civil aftermarket demand helped Safran grow third quarter 2023 adjusted revenue by more than 20% to €5,825 million, up 25.1% to €16,770 million for the first nine months of the year. Sales increased by €3,477 million (+25.9%) on an organic basis.  “Safran continues to enjoy strong market tailwinds with narrowbody air traffic now trending well above pre-crisis level resulting in a strong demand for CFM56 spare parts,” said Safran CEO Olivier Andriès. “Our priority remains to ramp-up production while we still operate in a constrained supply chain environment. On the back of this solid nine months, we are comfortable