Safran SA

SAF: XPAR (FRA)
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Safran Earnings: Strong Performance Driven by Aftermarket Service and Equipment Sales

In the third quarter of 2024, wide-moat Safran reported a notable revenue increase to EUR 6.6 billion, achieving 17% organic growth year over year. This significant growth, which fell short of expectations, occurred despite ongoing supply chain bottlenecks that hit delivery rates.

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