Safran delivers strong progress in performance in first-half 2012

For first-half 2012, Safran’s revenue was €6,413m, compared to €5,622m in the same period a year ago, a 14.1% year-on-year increase (5.2% organic growth). First-half 2012 revenue increased by €791m on a reported basis, notably highlighting a good performance in aerospace and security (both organic and from acquisitions). On an organic basis, revenue increased by €291m as a result of record production rates in aerospace original equipment, as well as improving aftermarket trends and momentum in security (detection, e-Documents). Adjusted net income grew by 30% year-over-year. It was €411m, compared to €317m in first-half 2011.