Safran reported a 15% revenue increase to €31.3 billion in 2025, with a 26% jump in operating income to €5.2 billion. The company forecasted a 2026 recurring operating income of €6.1 billion to €6.2 billion and raised its 2028 target to €7.0 billion to €7.5 billion, driving shares up over 7%. LEAP engine deliveries are expected to rise by around 15%.

The growth was fueled by civil propulsion, with record LEAP engine deliveries and a 30% increase in services revenue for civil engines. Safran is capitalizing on the aerospace recovery, benefiting from high fleet utilization and continued demand for maintenance and spare parts. The aftermarket is now a key driver of profitability for the company.

Safran is also ramping up production of military engines for defense programs, capitalizing on increasing European defense spending and export orders. The company is preparing for Airbus’s target of 75 A320 family aircraft per month by 2027, investing to meet the production demand. Investors are rewarding Safran’s visibility and multi-year earnings trajectory.

The market is responding positively to Safran’s alignment with fleet growth, sustained flying activity, and higher long-term service penetration. While risks like supply chain resilience and tax surcharges exist, the demand side is currently driving strong performance. The focus will be on execution to meet LEAP output targets and Airbus rate ambitions.

Read more at Yahoo Finance: Safran Fires on All Cylinders as Engine Boom Lifts Outlook