{"id":2875,"date":"2018-10-23T11:36:17","date_gmt":"2018-10-23T16:36:17","guid":{"rendered":"http:\/\/planesintheair.com\/?p=2875"},"modified":"2018-10-23T11:36:17","modified_gmt":"2018-10-23T16:36:17","slug":"safrans-q3-core-sales-rise-11-4","status":"publish","type":"post","link":"https:\/\/planesintheair.com\/?p=2875","title":{"rendered":"Safran&#8217;s Q3 Core Sales Rise 11.4%"},"content":{"rendered":"<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\"><span style=\"font-family: Tahoma, Arial, Helvetica, sans-serif;\">PARIS, Oct 23 (Reuters) &#8211; France&#8217;s Safran (SAF.PA) posted an 11.4 percent rise in underlying third-quarter sales, led by aerospace and defence, and said it was &#8220;well on track&#8221; to meet full-year targets with the help of accelerating production of a new jet engine.<\/span><\/p>\n<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\"><span style=\"font-family: Tahoma, Arial, Helvetica, sans-serif;\">Safran co-produces the LEAP engine for Airbus and Boeing jets with General Electric.<\/span><\/p>\n<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\"><span style=\"font-family: Tahoma, Arial, Helvetica, sans-serif;\">Earlier this year it absorbed struggling French seats maker Zodiac Aerospace, and Safran said on Tuesday that it continued to benefit from above-average aftermarket growth.<\/span><\/p>\n<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\"><span style=\"font-family: Tahoma, Arial, Helvetica, sans-serif;\">The company, which also makes military systems, said third-quarter revenues grew 11.4 percent after stripping out the Zodiac acquisition and currency swings to 5.348 billion euros ($6.14 billion).<\/span><\/p>\n<p class=\"canvas-atom canvas-text Mb(1.0em) Mb(0)--sm Mt(0.8em)--sm\"><span style=\"font-family: Tahoma, Arial, Helvetica, sans-serif;\">($1 = 0.8709 euros) (Reporting by Tim Hepher; Editing by Sudip Kar-Gupta)<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-2876\" src=\"https:\/\/planesintheair.com\/wp-content\/uploads\/2018\/10\/safran-300x113.jpg\" alt=\"\" width=\"879\" height=\"331\" srcset=\"https:\/\/planesintheair.com\/wp-content\/uploads\/2018\/10\/safran-300x113.jpg 300w, https:\/\/planesintheair.com\/wp-content\/uploads\/2018\/10\/safran-768x288.jpg 768w, https:\/\/planesintheair.com\/wp-content\/uploads\/2018\/10\/safran.jpg 980w\" sizes=\"auto, (max-width: 879px) 100vw, 879px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PARIS, Oct 23 (Reuters) &#8211; France&#8217;s Safran (SAF.PA) posted an 11.4 percent rise in underlying third-quarter sales, led by aerospace and defence, and said it was &#8220;well on track&#8221; to meet full-year targets with the help of accelerating production of a new jet engine. Safran co-produces the LEAP engine for Airbus and Boeing jets with General Electric.<br \/>\nEarlier this year it absorbed struggling French seats maker Zodiac Aerospace, and Safran said on Tuesday that it continued to benefit from above-average aftermarket growth.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[798,89,799,1397,868],"tags":[167,47,645,41,1844,1020,335,207,337,338,589,1121,889,718,412,100,1288,1962,1963,712,1965,1149,1964],"class_list":["post-2875","post","type-post","status-publish","format-standard","hentry","category-airbus-news","category-aviation-news","category-boeing-news","category-stock-news","category-transportation-news","tag-aerospace","tag-airbus","tag-ba","tag-boeing","tag-defence","tag-eadsy","tag-engine","tag-france","tag-ge","tag-general-electric","tag-jet","tag-leap","tag-military","tag-new","tag-news","tag-paris","tag-reuters","tag-saf","tag-saf-pa","tag-safran","tag-snecma","tag-systems","tag-zodiac"],"_links":{"self":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/2875","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2875"}],"version-history":[{"count":1,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/2875\/revisions"}],"predecessor-version":[{"id":2877,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/2875\/revisions\/2877"}],"wp:attachment":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}