Engines
Surge in CFM Engine Sales Boost Safran’s Results
2014 saw even stronger sales of the CFM56 and new Leap engines.
CFM's new Leap engine for the new generation Airbus A320neo and Boeing 737 Max narrowbodies should be a solid contributor to Safran group financial results in the coming years. [Photo: CFM International]
CFM's new Leap engine for the new generation Airbus A320neo and Boeing 737 Max narrowbodies should be a solid contributor to Safran group financial results in the coming years. [Photo: CFM International]

France’s Safran group anticipates “significant” further growth in revenues and profits for 2015, after announcing positive 2014 results largely built on booming sales by its primary customers, Airbus and Boeing. At a February 25 press conference in Paris, Safran announced that revenues for last year grew by 6.9 percent to €15.4 billion ($17.4 billion) while adjusted net income climbed by 4.6 percent to €1.2 billion ($1.4 billion). The group’s adjusted recurring operating income grew by 17.4 percent to €2.1 billion ($2.4 billion).