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Zodiac Aerospace drops 4.1% as it reports lower profit – Suppliers Share Wrap

Analysis

Zodiac Aerospace reported a 2.5% decrease in revenue and a 14.2% drop in net earnings for the 12 months to 31-Aug-2010. The company's shares dropped 4.1% yesterday. Zodiac's outlook for 2011 is for revenue growth in the region of 15% in 2010/2011, excluding new acquisitions.

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