April 24, 2012
France's Zodiac Aerospace on Tuesday said first half net profit rose 33 percent, helped by strong demand for aircraft cabin interiors and other aerospace related products.
Net income for Zodiac's fiscal first half ending February 29 rose to EUR€152.4 million (USD$200 million) from EUR€114.3 million in the year-ago period, the company said in a statement.
The family-controlled company, which supplies plumbing, power and parts for Airbus and Boeing jets, also forecast double-digit organic revenue growth for its full fiscal year, with an operating margin of at least 14 percent.
