JET ENGINE MAKER SAFRAN'S REVENUES RISE 17% IN FIRST QUARTER

Shares in Safran rose on Friday after the French jet engine maker reported stronger-than-expected first-quarter revenues and said it was studying ways to manage the impact of global trade tensions.

Safran, which also makes landing gear, brakes and cabin interiors, said revenues rose 16.7% to 7.257 billion euros ($8.2 billion), led by engine spares and services.

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