Zodiac Aerospace: FX factors weigh on activity in Q1
(CercleFinance.com) - Unveiled after trading on Wednesday, Zodiac Aerospace's Q1 2017/2018 revenues came in at just under 1.
08 billion euros, down 10.4% y-o-y (-6.9% in organic terms).
By business line, the "Aerosystems" division generated revenues of 487.1 million euros, up 1.5% and up 5.1% in organic terms.
However, the "Aircraft Interiors" division, saw its sales fall by 18.3% as reported and 14.9% in organic terms y-o-y to 590.4 million euros, including 236.9 million from the "Seats" sub-segment (-22.7% and -20.4% in organic terms) and 353.5 million euros of "Cabin" sub-segment (-15% and -10.6% in organic terms).
Copyright (c) 2017 CercleFinance.com. All rights reserved.
08 billion euros, down 10.4% y-o-y (-6.9% in organic terms).
By business line, the "Aerosystems" division generated revenues of 487.1 million euros, up 1.5% and up 5.1% in organic terms.
However, the "Aircraft Interiors" division, saw its sales fall by 18.3% as reported and 14.9% in organic terms y-o-y to 590.4 million euros, including 236.9 million from the "Seats" sub-segment (-22.7% and -20.4% in organic terms) and 353.5 million euros of "Cabin" sub-segment (-15% and -10.6% in organic terms).
Copyright (c) 2017 CercleFinance.com. All rights reserved.