Zodiac Aerospace shareholders meeting

Paris, January 14, 2016 - The combined General Shareholders' Meeting of the Zodiac Aerospace Group was held today in Paris. The quorum of the shareholders present or represented amounted to 74.192% of the voting rights[1]:
#_ftn1.

The General meeting approved all the resolutions submitted to its vote.
In particular, the shareholders' meeting approved the distribution of dividend of €0.32 for the 2014/2015 financial year.
The term of the Office of Directors of Mr Didier Domange and the one of Mrs Elisabeth Domange was renewed for two years.
Mrs Estelle Brachlianoff and the Fonds Stratégique de Participation, represented by Mrs Florence Parly, were appointed as new members of the Supervisory Board.

Olivier Zarrouati, Chairman of the Executive Board, commented the Group's outlook for the fiscal year 2015/2016, which will be one of transition, marked by progressively absorbing excess production costs. The Group seeks to achieve a slight growth in revenue with a positive dollar impact and current operating income margin of around 10%, based on a USD/EUR exchange rate of 1.10. For fiscal year 2015/2016, the Group has implemented foreign exchange hedges to cover 93% of the forecast net USD/EUR transaction exposure at a rate of $/€1.104. In fiscal year 2016/2017, the current operating margin is expected to improve by two percentage points compared to fiscal 2015/2016.

About Zodiac Aerospace
Zodiac Aerospace is a world leader in aerospace equipment and systems for commercial, regional and business aircraft and for helicopters and spacecraft. Zodiac Aerospace has approximately 30,000 employees worldwide and realized revenue of €4.2 billion in 2013/2014 through its five business segments: Zodiac AeroSafety, Zodiac Aircraft Systems, and three segments related to cabin interiors: Zodiac Cabin & Structures, Zodiac Galleys & Equipment and Zodiac Seats. Uwww.zodiacaerospace.com:
http://www.zodiacaerospace.com/

Future dates: Dividend ex-date
Q2 2015/2016 revenue
Half-year results 2015/2016
Q3 2015/2016 revenue		 January 20, 2016
March 15, 2016 (after stock exchange closing)
April 20, 2016 (before stock exchange opening)
June 14, 2016 (after stock exchange closing)
  ZODIAC AEROSPACE CONTACT
Pierre-Antony Vastra
Tel: +33 (0)1 61 34 25 68
UPierreAntony.Vastra@zodiacaerospace.com:
mailto:PierreAntony.Vastra@zodiacaerospace.com
Valérie Auger
Tel: +33 (0)1 61 34 22 71
UValerie.Auger@zodiacaerospace.com:
mailto:Valerie.Auger@zodiacaerospace.com
Isabelle DELHOM (investor meetings)
Tel: +33 (0)1 61 34 19 86
Isabelle.Delhom@zodiacAerospace.com
  61, rue Pierre Curie - CS20001 - 78373 PLAISIR CEDEX		 MEDIA/PRESS CONTACTS - IMAGE 7

 

Priscille Reneaume
Tel: +33 (0) 1 53 70 74 61 / Upreneaume@image7.frU:
mailto:preneaume@image7.fr

Grégoire Lucas
Tel: +33 (0) 1 53 70 74 61 / Uglucas@image7.frU:
mailto:preneaume@image7.fr

 


[1]:
#_ftnref1 General quorum, i.e. 286 435 709 voting rights and 205 629 109 shares.
Extraordinary quorum represented 73,956% of voting rights


2016 shareholders meeting:
http://hugin.info/143758/R/1978998/724856.pdf


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Source: Zodiac Aerospace via Globenewswire
HUG#1978998