Zodiac reported higher than expected FY results supported by, as expected, a much better performance in H2 than in H1. FY revenues came in at €5.1bn (-1.6%), supported by the Aerosystems activity which reported 3% organic growth. Conversely, the Aircraft Interiors activity remained impacted by the Seats division (-9.6%), while the Cabin division’s situation continues to improve.
31 Oct 2017
Zodiac on the right track
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Zodiac on the right track
Zodiac Aerospace (ZC:EPA) | 0 0 0.0% | Mkt Cap: 7,301m
- Published:
31 Oct 2017 -
Author:
Marc Laubel -
Pages:
2
Zodiac reported higher than expected FY results supported by, as expected, a much better performance in H2 than in H1. FY revenues came in at €5.1bn (-1.6%), supported by the Aerosystems activity which reported 3% organic growth. Conversely, the Aircraft Interiors activity remained impacted by the Seats division (-9.6%), while the Cabin division’s situation continues to improve.