Zodiac raises profits...and questions
Zodiac (Hall 1 Stand B18c) is a phenomenon in the French aerospace industry.

Zodiac (Hall 1 Stand B18c) is a phenomenon in the French aerospace industry. It has survived for 110 years and descendants of the founders are still involved in the business. But, now, after 15 years of 14.5-percent average annual profit increases, questions have surfaced about the level of debt that Zodiac carries and where the group will head after 2008, when its chairman and CEO, Jean-Louis Gerondeau, retires after 30 years at the helm. In that time, Zodiac’s payroll has morphed from 525 employees to more than 16,000.

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