Backlog And ProfitabilitySARO's LEAP program continues to generate demand, with a backlog exceeding $1 billion, and is expected to become profitable and accretive to margins in the next few years.
Contract And Margin ImprovementSignificant progress has been made in renegotiating several long-term customer contracts within the Engine Services segment to eliminate zero or low-margin material pass-through revenue, expected to increase margins and support working capital.
Revenue GrowthSARO's growing services portfolio for the LEAP, CFM56, and CF34 engines offers long-term revenue growth opportunities.