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 ...Zodiac SA. Zodiac Aerospace SA is a France-based aeronautical company engaged in the development of aerospace equipment and systems for commercial, regional and business aircraft, as well as helicopters and space applications. It is structured into three business sectors: Cabin Interiors Segment, which designs and markets seats and cabin fittings, as well as supplies complex sanitary and food equipment; Aircraft Systems Segment, engaged in fields, such as fuel circulation, oxygen & life support, electrical power management, cockpit controls and displays, lighting and actuators, hydraulics and controls, as well as environment control systems; and AeroSafety & Technology Segment, which offers emergency evaluation systems, emergency arresting, interconnect, parachute and protection systems, elastomeric technologies & systems, telemetry, telecommunications and airbags.
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