Zodiac Aerospace : Zodiac Aerospace: General Shareholders' Meeting Zodiac Aerospace General Shareholders' Meeting Plaisir, January 9, of 2013 - The combined General Shareholders' Meeting of the Zodiac Aerospace Group was held today at the headquarters of the company. The quorum of the shareholders present or represented amounted to 65,246 % of the voting rights^. The General meeting approved all the resolutions submitted to its vote. In particular, the shareholders' meeting approved of the distribution of cash dividend of €1.40 for the 2011-2012 financial year, against €1.20 for the previous year. The terms of the Office of Directors of Mrs Gilberte Lombard, and of the FFP Company, represented by Mr. Robert Peugeot, were renewed. During this general meeting, Olivier Zarrouati, Chairman of the Executive Board, confirmed the company's growth prospects, as a result of both organic and external growth. At the beginning of the 2012 /2013 financial year, in accordance with its strategy which consists in being the global leader on each of its niche markets, Zodiac Aerospace has completed three acquisitions for a total amount of $160M: *In the field of in-flight entertainment, Zodiac Aerospace accelerates its development through the acquisition of American company IMS, the 4^th global actor in the IFE sector, and the leader of the IFE "passenger centric" segment. The company employs about 250 people and generated sales of over $70M. IMS developed RAVE, a "Passenger Centric" IFE system which was notably selected by Lufthansa to equip its long-haul aircrafts. *Northwest Aerospace Technologies (NAT) strengthens Zodiac Aerospace's offer in the field of cabin retrofit. NAT is an engineering services company specializing in transport category aircraft modification programmes. Based in Everett, Washington, the company has about 160 employees, of which 100 engineers, and generates sales of about $50M. This activity effectively complements those of Zodiac Aerospace in the field of cabin retrofit. *Zodiac consolidates its world leadership in the field of electricity through the acquisition of Innovative Power Solutions (IPS), which manufactures generators and converter units for business aircrafts, helicopters and drones. Founded in 1999 and based in Eatondown, USA, IPS employs 60 people and generates sales of about $8M. This acquisition will complete and reinforce Zodiac Aerospace's leading position in the field of electricity on board aircraft, a field in which the Group was already the global leader in primary electrical distribution and the supplier of all major new programmes. About Zodiac Aerospace Zodiac Aerospace is a world leader in aeronautical equipment and systems designed for commercial, regional and business aircraft, as well as helicopters and spacecraft. Zodiac Aerospace has 26,000 employees worldwide, and brought in sales revenue of €3.4 billion in 2011/2012 through its five business segments: Zodiac Cabin & Structures, Zodiac Galleys & Equipment, Zodiac Seats, Zodiac Aerosafety and Zodiac Aircraft Systems. www.zodiacaerospace.com Upcoming events: Ex date January 11, 2013 Paiement date January 16, 2013 Q2 and H1 results March 28, 2013 CONTACT ZODIAC AEROSPACE PRESS CONTACTS - IMAGE 7 Pierre-Antony VASTRA Flore LARGER Tel: +33 (0)1 61 34 25 68 Tel: +33(0) 1 53 70 74 91 / PierreAntony.Vastra@zodiacaerospace.com email@example.com Valérie AUGER Tel: +33 (0)1 61 34 22 71 Priscille RENEAUME Valerie.Auger@zodiacaerospace.com Tel: +33 (0) 1 53 70 74 61 / 61, rue Pierre Curie - CS20001 - 78373 PLAISIR firstname.lastname@example.org CEDEX ANALYST CONTACT - KEIMA Communication Emmanuel DOVERGNE Tel: 01 56 43 44 63 / email@example.com Quorum of the general shareholders' meeting, 48,422,124 votes and 35,458,000 shares. Download the Press Release in PDF ------------------------------------------------------------------------------ This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Zodiac Aerospace via Thomson Reuters ONE HUG#1669421
Zodiac Aerospace : Zodiac Aerospace: General Shareholders' Meeting
Press spacebar to pause and continue. Press esc to stop.