Zodiac is implementing its Focus transformation plan, a complete revision of the production systems within the whole group. Zodiac has updated the market on its delivery status and suggested that, in its Seats business, no progress has be made since mid-January in terms of delivery delays and that the “transformation and industrial recovery" may take longer than initially planned. Zodiac confirms that this will result in "excess costs remaining at a high level". As a result, the guidanc
02 Mar 2016
Total loss of credibility
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Total loss of credibility
Zodiac Aerospace (ZC:EPA) | 0 0 0.0% | Mkt Cap: 7,301m
- Published:
02 Mar 2016 -
Author:
Thomas Picherit -
Pages:
2
Zodiac is implementing its Focus transformation plan, a complete revision of the production systems within the whole group. Zodiac has updated the market on its delivery status and suggested that, in its Seats business, no progress has be made since mid-January in terms of delivery delays and that the “transformation and industrial recovery" may take longer than initially planned. Zodiac confirms that this will result in "excess costs remaining at a high level". As a result, the guidanc