Safran H1 Net Profit Up 30%

Safran SA SAFRY reported a 30% rise in its net profit in the first half of the year. Safran's revenue for the period climbed 14% to 6.41 billion euros ($7.88 billion). Its operating income jumped 23% to EUR681 million. Safran's net profit surged 30% to EUR411 million. Safran shares closed at $34.28 yesterday.