UPDATE 1-Safran core 2016 profit up 5.4 pct, sees stable 2017
February 24, 2017 at 03:17 AM EST
PARIS, Feb 24 (Reuters) - France's Safran posted a 5.4 percent rise in 2016 core operating profit to 2.4 billion euros and projected stable underlying income in 2017, a transitional year as it increases production of its new LEAP commercial jet engine.