Zodiac has reported its Q4 results and, while its Aerosystems division still shows good organic growth (+6.7% org. in Q4), we have to say that it is now time to hand over the operations to Safran as the Seat activity (-13.3% org. in Q4 and -10.3% for FY) shows continuing operating difficulties and weakness in demand.
14 Sep 2017
Time to hand over to Safran
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Time to hand over to Safran
Zodiac Aerospace (ZC:EPA) | 0 0 0.0% | Mkt Cap: 7,301m
- Published:
14 Sep 2017 -
Author:
Marc Laubel -
Pages:
2
Zodiac has reported its Q4 results and, while its Aerosystems division still shows good organic growth (+6.7% org. in Q4), we have to say that it is now time to hand over the operations to Safran as the Seat activity (-13.3% org. in Q4 and -10.3% for FY) shows continuing operating difficulties and weakness in demand.