Zodiac continues to suffer in the Aircraft Interiors activity in both subdivisions (Seats and Cabin). The company has been hurt not only from a poor reputation following previous deliveries, but also from VIP and jet customers delaying their orders. Sales are expected to decrease over FY17/18 but FCF generation should improve thanks to better WC management.
14 Dec 2017
Headwinds are still there
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Headwinds are still there
Zodiac Aerospace (ZC:EPA) | 0 0 0.0% | Mkt Cap: 7,301m
- Published:
14 Dec 2017 -
Author:
Marc Laubel -
Pages:
2
Zodiac continues to suffer in the Aircraft Interiors activity in both subdivisions (Seats and Cabin). The company has been hurt not only from a poor reputation following previous deliveries, but also from VIP and jet customers delaying their orders. Sales are expected to decrease over FY17/18 but FCF generation should improve thanks to better WC management.