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Home > Finance > Safran sets course for higher revenue, profit by 2028

Safran sets course for higher revenue, profit by 2028

Published by Global Banking and Finance Review

Posted on December 5, 2024

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(Reuters) - French jet engine maker Safran is targeting high single-digit percent annual revenue growth and a sharply higher profit by 2028, it said on Thursday ahead of its investor day event in Paris.

The aerospace supplier also confirmed its current-year targets and gave a preliminary outlook for 2025, expecting deliveries for its LEAP engine to grow between 15% and 20% compared to 2024.

(Reporting by Gianluca Lo Nostro in Gdansk and Tim Hepher in Paris; Editing by Milla Nissi)

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Home > Finance > Safran sets course for higher revenue, profit by 2028

Finance

Safran sets course for higher revenue, profit by 2028

Published by Global Banking and Finance Review

Posted on December 5, 2024

The aerospace supplier also confirmed its current-year targets and gave a preliminary outlook for 2025, expecting deliveries for its LEAP engine to grow between 15% and 20% compared to 2024.

(Reporting by Gianluca Lo Nostro in Gdansk and Tim Hepher in Paris; Editing by Milla Nissi)

Russian billionaire Potanin acquires minority stake in cloud provider Selectel

Italy's state railway teams up with Certares fund on high-speed trains abroad

Kremlin says Ukraine should withdraw troops from Donbas, and a Putin-Trump call expected soon

Russian factory activity shrinks at fastest pace since March 2022, PMI shows

European shares flat as basic resources gains offset defence losses

China stages record drills designed to encircle Taiwan

Central bank chief urges Austria to rethink Mercosur deal opposition

Bulgaria prepares for the euro amid excitement and scepticism

Exclusive-India claims $30 billion from Reliance Industries, BP for underproduction from gas field, sources say

Explainer-Why the Dutch pension fund reform matters for markets

Stocks head for year-end record on Fed rate cut bets

Inside Beijing's bid to tame the global iron ore market

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