Essilux Reports €2.3 Billion Profit in 2024, Up 3%; Safran Raises Dividend After €575 Million Loss

Essilux reported a profit of €2.3 billion for 2024, reflecting a 3% increase from the previous year, and confirmed a dividend of €3.95 per share. Meanwhile, Safran announced record earnings for 2024, despite a decline in sales of its flagship engine. The company raised its dividend by over 30% and increased its 2025 outlook following better-than-expected performance. However, Safran also reported a loss of €575 million for 2024, although it achieved an adjusted profit of €3.068 billion.