Safran reports strong performance in 1H2014

Safran Group revenue up 4% - financial highlights for six months ended 30-Jun-2014:

• Revenue: EUR6907 million, +4.4% year-on-year;
• • Aerospace propulsion: EUR3671 million, +2.3%;
  • Aircraft equipment: EUR1945 million, +11.6%;
• Operating profit: EUR819 million, +18.6%;
• Net profit: EUR658 million, -4%;
• Total assets: EUR23,698 million;
• Cash and cash equivalents: EUR1547 million;
• Total liabilities: EUR16,885 million. [more - original PR] [more - original PR - Presentation]

Safran Group: "Safran posted record profitability in the first half 2014 with recurring operating income up 16.5%, standing at 13.6% of turnover, demonstrating once again our ability to deliver across all our businesses," Jean-Paul Herteman, Chairman and CEO. Source: Company statement, 31-Jul-2014.