0721 GMT - Safran's third-quarter adjusted revenue exceeded expectations, as the French aerospace-industry supplier continues to benefit from strength in its civil engine aftermarket services business, RBC Capital Markets' Ken Herbert and Stephen Strackhouse say in a research note. "We believe investors expected a strong civil [aftermarket] print following the strong GE [Aerospace] services growth, and we believe the 24% civil [aftermarket] services growth was stronger than the elevated expectations," the analysts say. The result likely reflects strength in the ramp-up of LEAP plane engine deliveries, which are catching up from a strike in the first half, RBC says. Investor focus is likely to be on the health of the supply chain, demand and dynamics in the commercial aftermarket business, according to RBC. Shares fall 0.6%, having risen in earlier trade. (adria.calatayud@wsj.com)

(END) Dow Jones Newswires

October 24, 2025 03:21 ET (07:21 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.