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Provider: Reuters Investment Profile
Provider: Sadif Analytics Prime

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Zodiac Aerospace SA Confirms FY 2012/2013 Revenue Guidance and Issues H1 2012/2013 Operating Income Guidance

Thursday, 28 Mar 2013 12:56pm EDT 

Zodiac Aerospace SA announced that for the fiscal year 2012/2013, it has confirmed its projection of a new fiscal year of organic growth of its revenue. The Company reported fiscal year 2011/2012 revenue of EUR 3,440.6 million. According to I/B/E/S Estimates, analysts on average are expecting the Company to report fiscal year 2012/2013 revenue of EUR 3,844.5 million. Zodiac Aerospace SA also announced that for the first half of the fiscal year 2012/2013, its operating income should present an asymmetrical profile with that of the second half. It will grow but at a lower rate than the sales growth rate (7.5% organic growth for the first half of fiscal year 2012/2013), notably because of the integration of the UK-based seats activities and the decline in the regional aviation business. The Company reported operating income of EUR 223.03 million for the first half of the fiscal year 2011/2012. 

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0.235 +0.99%
12:35pm EDT