SAFRAN released its results for the six months ended June 30, 2008. SAFRAN reported revenues of EURO 5,057 million, up 2.8% on first-half 2007, or 14.8% like-for-like (based on a constant group structure and exchange rates). Profit from operations was EURO 474 million.
Profit from recurring operations totaled EURO 328 million (versus EURO 381 million in first-half 2007 excluding communications and EURO 311 million including communications), representing 6.5% of revenue including a EURO 355 million negative currency impact
The gain arising on the transfer of Monetel business to Ing
