Bombardier Reports Second Quarter 2018 Results

martes, 7 de agosto de 2018

  • Earnings(1) up 18% year over year on $4.3B revenues, driven by a strong 11% growth at Transportation
  • EBIT margin(1) expands by 80 bps to 6.4%
  • Consolidated EBITDA and EBIT before special items(2) of $336M and $271M respectively
  • Improved free cash flow usage(2) of approximately $370M(3) supports full year breakeven target
  • Backlog expansion across all businesses(4)
  • Airbus partnership closed ahead of schedule; significant new orders announced
  • $600M cash infusion from Downsview property sale finalized
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