Safran's core Propulsion division, which brings in just over half the company's sales, posted a 28% earnings rise to €2.25 billion, while Equipment & Defense rose 29% to €907 million.
Aircraft Interiors continued a gradual turnaround with a profit of €54 million, up from €27 million.
Safran raised its percentage target for full-year revenue growth to the "mid-teens" from a previous "low-to-mid-teens".
Safran also predicted full-year operating profit of €6.4 billion to €6.5 billion, up from a previous goal of €6.1 billion to €6.2 billion, and raised its forecast for growth in LEAP engine deliveries to "high teens" from a previous target of 15%.
First-half earnings and sales beat expectations
CFM, the world's largest jet engine maker by the number of units sold, is reaping maintenance profits from its CFM56 jet engines, which continue to power thousands of planes despite being succeeded by the more recent LEAP for current narrow-body deliveries.
Safran said its mid-year recurring operating profit jumped 29% to €3.24 billion ($3.68 billion), while revenue rose 19% to €17.57 billion. Widely watched sales of spare parts for civil engines rose 27.9% in dollar terms.
Analysts were on average expecting recurring operating profit of €3.06 billion on revenue of €17.47 billion.
Shares in the French company fell fractionally in early trading.
Supply chains, Middle East and defence venture in focus
GE Aerospace last week raised its 2026 revenue and profit forecasts, driven by demand for engine services and equipment.
Safran flagged supply chains and the Middle East as items to keep under review though it noted that LEAP engine production had surpassed 500 units for the fourth quarter in a row.
CEO Olivier Andries said the company continued to diversify sources of suppliers wherever possible.
In defence, questions remain over the future of Safran's fighter-engine joint venture with Germany's MTU Aero Engines after the collapse of the Franco-German-Spanish FCAS fighter.
Andries said the venture, which sources say has operated smoothly in contrast to feuding that triggered the collapse of the fighter itself, is funded until September and its future will depend on paths each country takes in future developments.
Safran raises full-year targets after stronger first-half profit
French jet engine maker Safran raised financial targets after posting stronger-than-expected first-half profits on Tuesday, driven by demand for spare parts on the widely used engines it supplies jointly with GE Aerospace.
The French company, which is one of the world's largest aerospace equipment suppliers as well as co-owning the CFM engine venture with GE Aerospace, said aftermarket demand contributed to a record first-half operating margin of 18.4%.
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