Zodiac announced its full-year 2014/15 sales, tainted by a somewhat weaker Q4, resulting in a weaker than average organic growth of 2.6% for the group, with organic growth in its exclusively aerospace products falling to 3.2% (normally 4-6%). Revenue growth stood at 18.1% so that revenues reached €4.93bn (2.6% organic, 3.8% scope and 11.7% from forex). From a divisional standpoint: Aircraft interiors saw revenues grow by 23.2% to €2.83bn (4.4% organic, 5.9% scope and 12.9% from fore
16 Sep 2015
Growth crisis continues with a governance review now required
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Growth crisis continues with a governance review now required
Zodiac Aerospace (ZC:EPA) | 0 0 0.0% | Mkt Cap: 7,301m
- Published:
16 Sep 2015 -
Author:
Thomas Picherit -
Pages:
3
Zodiac announced its full-year 2014/15 sales, tainted by a somewhat weaker Q4, resulting in a weaker than average organic growth of 2.6% for the group, with organic growth in its exclusively aerospace products falling to 3.2% (normally 4-6%). Revenue growth stood at 18.1% so that revenues reached €4.93bn (2.6% organic, 3.8% scope and 11.7% from forex). From a divisional standpoint: Aircraft interiors saw revenues grow by 23.2% to €2.83bn (4.4% organic, 5.9% scope and 12.9% from fore