French aerospace group Safran raised its full-year forecasts today as it reported higher-than-expected third-quarter revenues, led by its core jet engine division.

The company co-produces LEAP jet engines with GE Aerospace through their CFM venture.

Safran Landing Systems has a major presence in Gloucester and opened a new £9m engineering and support centre in the city in April.

Safran's third-quarter revenue rose 18.3% to 7.85 billion euros ($9.15 billion). Propulsion revenues grew 25.6%, with aftermarket revenue up 21.1%.

Safran said it was upgrading its revenue growth forecast for the full year to between 11% and 13% from a previous forecast of between 10% to 12%.

It also raised the forecast for operating income of 5.1 billion to 5.2 billion euros from a previous range of 5.0 billion to 5.1 billion and upgraded its free cash flow forecast to a range of 3.5 billion to 3.7 billion euros from 3.4 billion to 3.6 billion.

CEO Olivier Andriès said: "The third quarter confirmed the strength of our civil engines aftermarket, and saw record LEAP engine deliveries. Over the first nine months of the year, revenue grew by 15%, reflecting strong organic growth, notably in services across the board.

"The integration of the flight control and actuation activities, acquired in July, is progressing smoothly. In light of this solid performance and despite the estimated impact of tariffs now taken into account, we are raising our full-year guidance on all metrics."