Technology · Tuesday, 28 July 2026
Jet engine maker Safran raises targets after record first-half margin
Safran has raised its 2026 financial guidance following a record first-half operating margin of 18.4% driven by strong spare parts demand.
TL;DR
Safran reported a 29% jump in recurring operating profit to €3.24 billion and increased its forecast for LEAP engine delivery growth to the 'high teens'. The strong performance of Safran and its CFM joint venture with GE highlights the robust demand for engine maintenance and services in the current aerospace market.
Reuters28 Jul, 06:02 BST
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