Strong Profitability in Zodiac's 2H as Cabin Business Ramps Up A350 XWB Program Production
Zodiac Aerospace’s 2017 results revealed some positive data points that indicate operational performance restoration at the aircraft interiors production facilities of Safran's acquisition target is on track. In the second half, Zodiac generated operating income of EUR 229 million (8.5% margin), up from EUR 189 million (7% margin) in the year-ago second half, as losses declined in the cabin branch, which had to catch up with delays of production and deliveries of the A350 XWB program. We expect ...Safran designs, develops and manufactures high technology electronics through three businesses: Aerospace, Defense and Security. Aerospace includes Aerospace Propulsion (propulsion systems for commercial aircraft, military transport, training and combat aircraft, rocket engines, civil and military helicopters) and Aircraft Equipment (mechanical, hydromechanical and electromechanical equipment); Defense (optronic, avionic and electronic systems); and Security (biometric technologies for fingerprint, iris and face recognition, identity management products, access management and transaction security, including tomographic systems for detection of dangerous or illicit substances in baggage).
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