Safran H1 Net at 1.75B Euros

Safran, the French company and the world's largest manufacturer of aircraft engines and aerospace equipment, has raised its financial targets for 2026 after achieving a record operating margin in the first half of the year. Although net consolidated profits declined to €1.75 billion compared to €5.04 billion in the previous year, revenues increased by 16% to €17.245 billion, driven by growth in original equipment sales and after-sales activities. The company also revised its future outlook, now expecting recurring operating income to range between €6.4 billion and €6.5 billion, with revenue growth exceeding previous forecasts, and free cash flow rising to between €4.7 billion and €4.9 billion.

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