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Safran: confirms outlook for FY 2018

(CercleFinance.com) - Adjusted sales came in at 5,348 million euros over Q3 2018, up 45.
4% as reported, including a 1,200 million euro contribution from Zodiac Aerospace. On an organic basis, adjusted sales were up 11.4%.

Over the first 9 months, sales reached 14,854 million euros (including 2,716 million euros from Zodiac Aerospace's contribution over seven months), up 3,505 million euros, up 30.9% compared to the same period last year. At a constant consolidation scope, sales growth reached 7.0%.

On an organic basis, revenue increased by 10.5%, boosted by the strength of all Safran's aeronautics and defence businesses.

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