Q3 2023 Safran SA Corporate Sales Call Transcript

Oct 27, 2023

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Oct 27, 2023 / 06:30AM GMT
Operator

Welcome to the Safran third quarter 2023 revenue [conference](added by company after the call). At this time, I would like to turn the conference over to your host, Olivier Andries, Safran's CEO; and Pascal Bantegnie, Group CFO. Mr. Andries, please go ahead.

Olivier Andries - Safran SA - CEO & Director

Good morning, everyone, and thank you for joining us to our Q3 2023 revenue conference. I'm here with Pascal Bantegnie, our CFO.

Let's go straight to Page 3 with a summary of our talking points today. We post today a solid Q3 revenue growth, supported by strong market tailwinds with narrowbody air traffic now trending well above precrisis level, resulting in a strong demand for CFM56 spare parts and OE deliveries ramp up.

We continue to navigate into a challenging macro environment. Supply chain constraints are persisting, especially in raw material and forging, casting that are still pacing our ability to ramp up production faster. Inflationary pressures remain at a high level so far with no real sign of losing steam.

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