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Zodiac Aerospace SA Confirms FY 2012/2013 Organic Revenue Growth Guidance; Announces Q3 2012/2013 Business Deals


Thursday, 13 Jun 2013 11:53am EDT 

Zodiac Aerospace SA announced that it is confirming its forecast for another year of organic revenue growth to cover the entire 2012/2013 fiscal year. In fiscal year 2011/2013 the Company reported revenue of EUR 3.44 billion. According to I/B/E/S Estimates, analysts on average are expecting the Company to report fiscal year 2012/2013 revenue of EUR 3.88 billion. The Company also announced details of its business deals from the third quarter of fiscal year 2012/2013. The Company announced that Brazilian manufacturer Embraer has opted for the Zodiac Aerospace fuel and inerting system to fit out its new second generation regional aircraft. These systems are developed by the Fluid Management division of Aircraft Systems. In addition, an airline has decided to integrate the ISIS pivoting compartments for its medium distance carriers. Another airline has chosen to retrofit its aircraft with the new lavatories developed by Zodiac Aerospace. Regarding seats, Air-France-KLM has selected the new business class seat produced by Zodiac Seats to be used in the Boeing 787s. Zodiac Seats was also chosen for the retrofit of Air France's Boeing 777s for both the Business and the Economy class. Financial terms were not disclosed. 

Company Quote

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11:35am EDT