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© begemot 30 dreamstime.com Business | March 16, 2016

Sales Revenue: a year of transformation for Zodiac

In the first half of its 2015/2016 financial year, Zodiac Aerospace generated revenue of EUR 2'488.5 million, up 7.1 percent in reported data, down 1.8 percent in organic terms.
Changes in consolidation had a positive impact of 0.2 percentage points on first-half growth, while foreign exchange contributed a positive 8.7 points.

Air traffic continues to grow but varies by segment: increase of commercial aircrafts, stability of regional aircrafts pending new programs, downturn in business aircrafts and helicopters.

  • Revenues up 7.1 percent in first half at EUR 2,488.5 million; down 1.8 percent at like-for-like consolidation and exchange rates.
  • The Group has strengthened its cash position through new lines of financing and by extending the maturity of existing debt in order to finance general requirements and potential acquisition opportunities.
  • The budget review has resulted in a revised timetable for the operating margin improvement plans. The Group anticipates current operating income for the 2015/2016 financial year to come in close to the 2014/2015 operating income.
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