Safran reacts to Zodiac Aerospace’s 1H decline

French aircraft equipment company Zodiac Aerospace has posted a 1.8% first-half sales decline, triggering a response from aerospace giant Safran, which is planning to acquire Zodiac. Zodiac’s first-half sales fell to €2.4 billion ($2.6 billion). A 2.6% drop in organic sales was offset by a 0.8% gain...

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