Zodiac Aerospace revenue up 31% in nine months to 31-Mar-2011

Zodiac Aerospace reported (16-Jun-2011) the following financial highlights for the nine months ended 31-Mar-2011:

• Revenue: EUR2024 million. +30.7% year-on-year;
  • AeroSafety and Technology: EUR409.6 million, +12.9%;
  • Aircraft Systems: EUR416.3 million, +20.1%;
  • Cabin Interiors: EUR1198 million, +42.7%. [more]

Zodiac Aerospace: "Based on the revenue figures for the first half of the year, which benefited from the upturn in the aerospace industry cycle, Zodiac Aerospace is now targeting revenue growth in excess of 20% for 2010/2011, excluding exchange rate fluctuations and new acquisitions, compared with the previous growth target figure of between 15% and 20%. Its other financial targets remain unchanged," Company statement. Source: Zodiac Aerospace, 16-Jun-2011.