Safran reports strong sales for third quarter and first nine months 2017

Safran reported third-quarter 2017 adjusted revenue was €3,815m, up 8.5% on a reported basis year-on-year. Adjusted revenue increased 11.3% on an organic basis. Adjusted revenue in the first nine months of 2017 was €11,853m, an increase of 3.0% on a reported basis, up 5.1% on an organic basis, compared to 2016. In the third-quarter 2017, civil aftermarket increased 14.5% in USD compared to 2016 driven notably by service activity and spare parts for CFM56 engines. In the first nine months of 2017, civil aftermarket grew 10.4% in USD.