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Zodiac Aerospace SA (ZODC.PA)

ZODC.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Safran Files Proposed Takeover Bid On Shares Of Zodiac Aerospace - AMF
Thursday, 7 Dec 2017 04:50am EST 

Dec 7 (Reuters) - AMF::SAFRAN <<>> FILED PROPOSED TAKEOVER BID ON SHARES OF ZODIAC AEROSPACE <<>> AT PRICE OF EUR 25 PER ZODIAC SHARE‍​.  Full Article

Zodiac Aerospace FY current operating income down at 217.6 million euros
Monday, 30 Oct 2017 12:35pm EDT 

Oct 30 (Reuters) - ZODIAC AEROSPACE ::FY NET INCOME ATTRIBUTABLE TO EQUITY HOLDERS OF PARENT EUR 73.4‍​ MILLION VERSUS EUR 108.1 MILLION YEAR AGO.CURRENT OPERATING INCOME (COI) STANDS AT €217.6M FOR THE FISCAL YEAR, AT THE HIGH END OF THE €200M-€220M TARGET FOR 2016/2017.‍​.‍EXPECTS A SLIGHT DROP IN ITS SALES FOR 2017-2018​.CASH GENERATION HAS IMPROVED TO €249M OVER THE FISCAL YEAR‍​.‍CURRENT OPERATING INCOME IS EXPECTED TO GROW SHARPLY IN 2017-2018​.IN 2017/2018 SEES A SHARP INCREASE IN COI AND CASH GENERATION WHICH SHOULD REMAIN STRONG.CURRENT OPERATING INCOME (COI) FOR THE FISCAL YEAR STANDS AT €217.6M, DOWN -19.3%‍​.IN 2017/2018 WILL CONTINUE AND ACCELERATE, WHENEVER POSSIBLE, ITS INDUSTRIAL RECOVERY AND TRANSFORMATION‍​.  Full Article

Delays of Zodiac's Seats UK branch now amount in days, CFO says
Wednesday, 13 Sep 2017 11:45am EDT 

Sept 13 (Reuters) - Zodiac Aerospace Sa :"We are working with less tensions in relationships with OEMS (aircraft manufacturers)," Zodiac CFO Didier Fontaine said in a conference call. .Delays in deliveries of Zodiac's Seats UK branch now amount in days, not months, CFO said. .  Full Article

Zodiac Aerospace FY sales down at 5.1 billion euros
Wednesday, 13 Sep 2017 11:35am EDT 

Sept 13 (Reuters) - ZODIAC AEROSPACE ::CONFIRMS ITS GUIDANCE FOR FISCAL YEAR 2016/2017.FY SALES EUR 5.1 BILLION VERSUS EUR 5.21 BILLION YEAR AGO.SAYS NET DEBT / EBITDA RATIO AT YEAR END SHOULD BE WELL BELOW 3X.MAINTAINS ITS OPERATING PROFITABILITY GUIDANCE FOR 2016/2017.  Full Article

Aerospace group Safran invests in French start-up Cailabs
Monday, 10 Jul 2017 02:50am EDT 

July 10 (Reuters) - Safran ::* Announces equity investment in Cailabs, through Safran Corporate Ventures, its corporate venture subsidiary dedicated to investments in innovative technology companies.* Safran led a new round of financing of 5 million euros, subscribed by Safran Corporate Ventures and existing shareholders .* Cailabs is a spinoff from the Kastler Brossel Laboratory (a joint research unit between the Ecole Normale Supérieure, Pierre et Marie Curie University and French national scientific research agency CNRS), specialized in quantum physics and optics. .* Cailabs has developed a patented disruptive technology, called Multi Plane Light Conversion, based on the manipulation of light.* "Cailabs forecasts very strong growth from now to 2020 because of its very innovative solutions to critical industrial problems, validated by several proofs of concept in different sectors," said Eric Dalbiès, Safran Executive Vice President for Strategy and M&A, and Chairman of Safran Corporate Ventures.  Full Article

Safran buys helicopter flight data firm ISEI
Thursday, 22 Jun 2017 06:00am EDT 

June 22 (Reuters) - Safran ::* Safran Electronics & Defense has purchased the French company ISEI, specialized in flight data acquisition systems and associated services for helicopters and light airplanes.* Agreement for the sale was today at the Paris Air Show by Jean-Claude Marcellet, President of ISEI, and Martin Sion, Chief Executive Officer of Safran Electronics & Defense.* ISEI’s systems will be added to the Cassiopée product range from Safran Electronics & Defense, designed to enhance operational efficiency for airlines and other operators.* Financial terms not disclosed.  Full Article

French group Safran buys stake in Kalray
Thursday, 22 Jun 2017 04:11am EDT 

June 22 (Reuters) - Safran ::* Acquired an equity interest in Kalray through its Safran.* Safran Corporate Ventures is participating in a €23.6 million round of fresh funding alongside investors that have backed Kalray for many years, including CEA Investissement and ACE Management, in addition to a new Asian investor, the Pengpai investment fund.  Full Article

Safran signs new production contract for Strix sights on Tiger helicopter
Wednesday, 21 Jun 2017 06:30am EDT 

June 21 (Reuters) - Safran ::* Safran Electronics & Defense has signed a contract with the Organization for Joint Armament Cooperation (OCCAR) to supply 18 more Strix optronic sights for the Tiger helicopter program in France..* Latest tranche is part of France's revised 2014–19 defense spending plan, which calls for a homogenous fleet of 67 Tiger HAD (multi-role attack) helicopters.* Strix is a major part of the Tiger HAD’s weapon system and plays a crucial role in all missions, from reconnaissance to escort, protection, fire support and attack.  Full Article

Zodiac and Sichuan Haite announce strategic partnership for repairs in China
Monday, 19 Jun 2017 02:36am EDT 

June 19 (Reuters) - Zodiac ::* Zodiac Aerospace Services and Sichuan Haite High Tech announce a strategic partnership for repairs in China.* The two companies have signed a long-term agreement to combine their expertise and strengths to provide Chinese operators with a local repair service for toilets, evacuation slides, technical seats and Electrical Inserts.* Zodiac Aerospace Services will provide Sichuan Haite High Tech with intensive support, training and a reliable and continuous supply of spare parts to operate under the highest quality standards.  Full Article

Zodiac aerospace sales of 3,789.3 million euros for the first 9 months of 2016/2017
Wednesday, 14 Jun 2017 11:42am EDT 

June 14 (Reuters) - ZODIAC AEROSPACE ::REPORTED SALES OF EUR 3,789.3 M FOR THE FIRST 9 MONTHS OF ITS FISCAL YEAR 2016/2017; -1.4% ON A REPORTED BASIS.CONFIRMS GUIDANCE FOR FY 2016/2017 AND ITS LONG TERM OUTLOOK..Q3 SALES EUR 1.34 MILLION VERSUS EUR 1.35 MILLION YEAR AGO.  Full Article

BRIEF-FFP Intends To Tender Its Zodiac Aerospace Shares ‍​

* FFP INTENDS TO TENDER ITS ZODIAC AEROSPACE SHARES TO SAFRAN’S EXCHANGE OFFER ‍​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)