Sep 05, 2019 / 06:30AM GMT
Operator
Welcome to the Safran Half Year Results 2019. At this time, I would like to turn the conference over to your host, Philippe Petitcolin, Safran CEO; and Bernard Delpit, Group CFO.
Mr. Petitcolin, please go ahead.
Philippe Petitcolin - Safran SA - CEO & Director
Thank you very much, and good morning, everyone, and welcome to our call to present our H1 '19 results. I will start with business highlights, and I will give the floor to Bernard for the financial. Then I will come back at the end with the presentation with an updated guidance for the full year. And of course, if you have any questions, we will be happy to answer them afterwards.
Going to Page 4, let's proceed with the presentation. We are extremely pleased with the excellent set of results of this first half of the year. Looking at the operational performance, it was extremely robust. Safran experienced the strongest organic growth in history with an organic growth of the sales of 14.2%. We shipped 861 LEAP versus 438 in H1 2018, 2x increase. Our cost of production are decreasing.
Half Year 2019 Safran SA Earnings Call Transcript
Sep 05, 2019
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