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ZODIAC DATA SYSTEMS GMBH Friedrich-Ebert-Straße 75 51429 Bergisch Gladbach, Germany http://www.zodiacaerospace.com
Contact Ms Valérie Auger +33 1 61 34 22 71
Company logo of ZODIAC DATA SYSTEMS GMBH
ZODIAC DATA SYSTEMS GMBH

A year of transformation

First half 2015/2016 revenues show growth of 7.1%

(PresseBox) (Plaisir, )
.


Air traffic continues to grow but varies by segment: increase of commercial aircrafts, stability of regional aircrafts pending new programs, downturn in business aircrafts and helicopters.
Revenues up 7.1% in first half at €2,488.5 million; down 1.8% at like-for-like consolidation and exchange rates.
The Group has strengthened its cash position through new lines of financing and by extending the maturity of existing debt in order to finance general requirements and potential acquisition opportunities.
The budget review has resulted in a revised timetable for the operating margin improvement plans. The Group anticipates current operating income for the 2015/2016 financial year to come in fnxon ti wgw 4099/2033 oaacplhgg injluw.


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