24-Apr-2014 12:23 PM
Zodiac Aerospace reports continued revenue and profit growth in 1HFY2014
Zodiac Aerospace revenue up 9% - financial highlights for six months ended 28-Feb-2014:
- Revenue: EUR1998 million, +9.2% year-on-year;
-
- AeroSafety: EUR268.7 million, +5.1%;
- Aircraft Systems: EUR623.1 million, +22.4%;
- Aircraft Interiors: EUR1106 million, +3.9%;
- Operating profit: EUR255.3 million, +7.1%;
- Net profit: EUR162.8 million, +11.0%. [more - original PR]
Zodiac Aerospace: "Zodiac Aerospace is still working in a propitious aeronautical environment. World growth should continue to support passenger traffic and, consequently, growth in the Group's business. In this context, Zodiac Aerospace anticipates a further year of organic growth in 2013/2014. The Group remains exposed to EUR/USD exchange rate risk. Zodiac Aerospace has not implemented new exchange rate hedging mechanisms since November 2013." Source: Company statement, 23-Apr-2014.