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Safran reports 5.2% growth in third-quarter

For the third quarter 2011, Safran’s revenue was Euro 2,728 million, compared to EUR 2,593 million in the same period a year ago, a 5.2% year-on-year increase. Group revenue increased by 4.2% organically. Third-quarter 2011 revenue increased by Euro 135 million on a reported basis, highlighting growth in aerospace (civil original equipment and services) and Security (acquisition driven), while Defence revenue was lower in this particular quarter, notably as the result of defence equipment delivery rhythm. Third-quarter 2011 Aerospace Propulsion revenue reported a solid improvement at Euro 1,459 million, up 9.8%, or 8.7% on an organic basis, compared to the year-ago period revenue at Euro 1,329 million.

The Aircraft Equipment segment reported third quarter 2011 revenue of Euro 697 million, up 0.1%, or 3.2% on an organic basis, compared to the year-ago period at Euro 696 million.

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