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Amid Seats Crisis, Zodiac Aerospace Lowers Profit Target
February 25, 2016
PARIS – Zodiac Aerospace will not meet its 2015-16 target of close to 10% operating profit margin, and its planned recovery from a crisis in its aircraft seats and interiors business will take longer than the 18 months initially predicted, the company’s chief executive said. In a Feb. 24 conference...
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