Safran's Chairman Says Board Good Stewards of Capital

The transcript discusses the board's strategic decisions regarding Zodiac and its impact on shareholders. It highlights the board's track record in acquisitions and financial outcomes, addressing criticisms from TCI and tax concerns. The board disagrees with TCI's focus on short-term gains and emphasizes a long-term strategy. The French state's role in governance and its involvement in the Zodiac deal are also discussed.

What is the management's outlook on the future growth of Zodiac's Aero systems business?

What is the board's stance on TCI's suggestions regarding the business focus?

How does the French state participate in the governance of Zodiac?