ZODIAC AIRCRAFT SYSTEMS

KEY CAPACITY TO ANTICIPATE OUR CLIENTS’ EVOLVING NEEDS AND BE FLEXIBLE IN OUR RESPONSE

With a rise of 17.7% in revenue and 11.8% in our operational margin (excluding IFRS 3), we have had an outstanding year, combining strong organic growth (+14.3%) with the contribution from the companies we have acquired.

We owe this performance primarily to the motivation and unstinting work of our teams to improve their operational performance. It is also the result of adapting our own and our suppliers’ capacities to the increased production rates at Boeing (B787 B737), Airbus (A35O XWB) and in the business aviation sector The goal is to better anticipate our customers’ needs and always provide improved service. The start-up of the wiring and seat actuator businesses in Chihuahua to supplement the Soliman plant, the extension of our Niort plant, and the optimization of our base of suppliers, with whom we work jointly in development, are just a few examples.

Constantly seeking to improve our products and services to customers, our focus on progress fosters innovation, which is a Iever for competitiveness and the key to future systems. Our research is conducted with the support of the French government, the DGAC¹² and the CGI¹³ and focuses on onboard connectivity, inerting systems and more electric aircraft. In this area, we are pursuing our research on the fuel cell battery, Li-Ion batteries and management of the onboard electrical power network. We are also participating in the Airbus Group Innovation E-Fan all-electric aircraft project. Altogether, this has been a demanding and ultimately successful year

“CONSTANTLY SEEKING TO IMPROVE OUR PRODUCTS AND SERVICES TO CUSTOMERS, OUR CONTINUOUS FOCUS ON PROGRESS FOSTERS INNOVATION, WHICH IS A LEVER FOR COMPETITIVENESS AND THE KEY TO FUTURE SYSTEMS.”

Yannick Assouad
CEO, ZODIAC AIRCRAFT SYSTEMS

¹² The French Civil Aviation Authority

¹³ The French investment commissioner