Safran records solid year despite MAX-effect
Safran records solid year despite MAX-effect
Major aircraft propulsion and equipment maker Safran recorded a solid 2019, with a net income up 26.4 percent to EUR 3.820 billion, it reported on February 27. Revenues were up 17.1 percent to EUR 26.640 billion. All segments (propulsion, equipment, and interiors) contributed positively.
Aerospace Propulsion earned EUR 12.045 billion in revenues, up 13.9 percent, with net income 22.4 percent…
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