Safran keeps 2026 outlook as third-quarter sales grow about 15%
Safran kept its full-year 2026 guidance after third-quarter revenue climbed close to 15% to 9 billion euros, Dow Jones Newswires reported.
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what happened
French aerospace supplier Safran confirmed its full-year outlook after third-quarter revenue increased on double-digit gains in its propulsion and equipment and defense divisions, Dow Jones Newswires reported. The company said on Friday that sales reached 9 billion euros, about $10.09 billion, up almost 15%.
Propulsion revenue grew roughly 13% on an organic basis, while equipment and defense posted growth of nearly 16%.
Safran still expects revenue growth in the mid-teens for 2026, recurring operating income of 6.4 to 6.5 billion euros and free cash flow of 4.7 to 4.9 billion euros.
why it matters
Safran is one of Europe's major aerospace suppliers, so its results and unchanged targets matter for the aerospace and defense sector. Holding guidance after strong top-line growth points to steady demand for the company's products.
market impact
Safran and European aerospace stocks: strong sales and reaffirmed targets support sector sentiment.
tags
instruments
sources
- Safran Confirms Guidance as Revenue Jumps — Dow Jones Newswires, 23 October 2026 at 05:21 UTC
- Safran Confirms Guidance as Revenue Jumps — Dow Jones Newswires, 23 October 2026 at 05:36 UTC
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