We will not refer to the sales progression in this article as we tackled the subject in our Latest on 16/09/2015. Over the course of the full year 2014/15, Zodiac’s current operating income (COI) fell by 44.6% to €314m. As a result, the group's COI margin fell to 6.4% for FY 14/15 from 13.6% in 2013/14 and 14.5% in 2012/13. Aero Safety saw its COI improve by €6.3m to €118.3m, despite an organic decline of €16.9m. Aircraft Systems saw its COI increase by €29m, ma
26 Nov 2015
No return to a normative 14-15% margin over the next two years
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No return to a normative 14-15% margin over the next two years
Zodiac Aerospace (ZC:EPA) | 0 0 0.0% | Mkt Cap: 7,301m
- Published:
26 Nov 2015 -
Author:
Thomas Picherit -
Pages:
3
We will not refer to the sales progression in this article as we tackled the subject in our Latest on 16/09/2015. Over the course of the full year 2014/15, Zodiac’s current operating income (COI) fell by 44.6% to €314m. As a result, the group's COI margin fell to 6.4% for FY 14/15 from 13.6% in 2013/14 and 14.5% in 2012/13. Aero Safety saw its COI improve by €6.3m to €118.3m, despite an organic decline of €16.9m. Aircraft Systems saw its COI increase by €29m, ma