Safran Q1 Adj. Revenue Climbs, Confirms FY25 Outlook, Dividend
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French aircraft equipment manufacturer Safran SA reported a 16.7% increase in adjusted revenue for Q1, reaching 7.26 billion euros. The company confirmed its fiscal 2025 outlook, projecting annual recurring operating income between 4.8 billion and 4.9 billion euros, with around 10% revenue growth. Safran plans to propose a 2.90 euros per share dividend for FY2024, a 32% increase from the previous year. The UK Competition and Markets Authority is reviewing Safran's acquisition of Collins actuation and flight control activities, with approval still pending.
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