Oct 28, 2022 / 07:00AM GMT
Operator
Welcome to the Safran Q3 2022 Revenue Conference Call. At this time, I would like to turn the conference over to your host, Olivier Andries, Safran 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 this Q3 2022 revenue conference. I'm here with Pascal Bantegnie, our CFO.
Let's go straight to Page 4 with a summary of our talking points today. Air traffic continued to improve in Q3. We expect now narrowbody ASK to fully recover its precrisis level -- 2019 level by 2023. The macroeconomic environment remains challenging. Supply chain difficulties to ramp up are still impacting our LEAP engines delivery plan, but we've made progress with a 54% increase in LEAP deliveries vs. Q2. We are also facing inflation pressure notably in energy in Europe.
Organic revenue growth was strong in Q3. We raised our full year 2022 outlook for revenue and free cash flow, thanks to solid growth in services and a new euro-dollar spot rate
Q3 2022 Safran SA Corporate Sales Call Transcript
Feb 14, 2024
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