PARIS, March 19 French aerospace and defence
supplier Zodiac Aerospace said on Wednesday it was
ready to make new acquisitions after posting a 9.2 percent rise
in revenue for the first six months of its financial year.
Zodiac, which supplies systems and cabin interiors to
plane-makers such as Boeing and Airbus, recently
sealed a debt deal allowing it to extend the average maturity of
its funding. The company said its bolstered finances allowed it
to keep on the lookout for deals.
"We believe we now have a very healthy structure, allowing
us to prepare new external growth transactions," Zodiac Chief
Executive Olivier Zarrouati said on a conference call.
Zodiac reported a rise in six-month revenue to 2.0 billion
euros ($2.78 billion). The company is due to report profit
figures on April 23 and reiterated its goal to grow organic
growth over the 2013-2014 financial year.
($1 = 0.7189 Euros)
(Reporting by Cyril Altmeyer; Writing by Lionel Laurent;
Editing by Andrew Callus)