Safran reports strong first quarter 2025 growth, confirms full-year outlook

Safran reported a strong first quarter for 2025, with adjusted revenue reaching €7.26 billion, a 16.7% increase year-on-year. The company confirmed its full-year guidance, while noting that global trade tensions could still impact results.

“The business is benefiting from strong growth in civil aftermarket,” CEO Olivier Andriès said. “Current performance and strong momentum in the civil aerospace and defense businesses reinforce our strong confidence in achieving our full-year outlook, excluding the potential impact of customs duties, which it would be premature to quantify at this stage.”

Safran stated that it is actively working to mitigate the potential economic impact of tariffs, deploying several initiatives to minimize disruptions. These include maintaining close dialogue with customers, adapting logistics flows, and making greater use of free zones and bonded warehouses. Where possible, the group also pursued customs duty rebates and exemptions under existing frameworks, such as the United States-Mexico-Canada Agreement (USMCA).

Revenue from propulsion rose 16.4%, supported by strong civil spare parts sales. LEAP engine deliveries fell 13% year-on-year to 319 units, but the drop was offset by a “favorable customer mix.” Equipment and Defense revenue grew 10.8%, with strong demand for nacelles, landing systems, avionics, and satellite communication systems. Aircraft Interiors revenue rose 13.8%, exceeding pre-pandemic levels, as demand for cabin equipment and business class seats remained strong.

Safran also advanced its acquisition of Collins Aerospace’s actuation and flight control businesses, receiving conditional approval from the European Commission. Regulatory approval in the UK is still pending.

For 2025, Safran expects revenue growth of around 10%, current operating income between €4.8 and €4.9 billion, and free cash flow between €3.0 and €3.2 billion. The outlook is based on assumptions including a 15–20% rise in LEAP deliveries and growth in civil spare parts and services revenue.The post Safran reports strong first quarter 2025 growth, confirms full-year outlook appeared first on AeroTime.

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