Zodiac Aerospace drops 4.1% as it reports lower profit – Suppliers Share Wrap
Zodiac Aerospace reported a 2.5% decrease in revenue and a 14.2% drop in net earnings for the 12 months to 31-Aug-2010. The company’s shares dropped 4.1% yesterday. Zodiac’s outlook for 2011 is for revenue growth in the region of 15% in 2010/2011, excluding new acquisitions.