SCORPEO Analytics expertise cited by Bloomberg News

“This time delay introduces Zodiac performance risk. Zodiac quarterly sales (post-close 14 March 2017) and H1 results (pre-open 20 April 2017) could continue to disappoint. With 10 consecutive profit warnings over the last two years from Zodiac a further two would both lower the assumed price on deal break / will widen spread to cash terms, and add validity to TCI’s point that Safran are over-paying.”

Click below to read the full article from Bloomberg.

https://www.bloomberg.com/news/articles/2017-03-14/zodiac-profit-to-fall-10-as-plane-seat-crisis-flares-up-again



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