Bombardier shows 3rd Quarter profitable Financial Results

Bombardier announced a profitable third quarter amidst continued challenging aerospace industry conditions. With four of its airline customers under bankruptcy protection, the Corporation nevertheless reported earnings before income taxes from continuing operations (EBT) before special items of $27 million.

-Consolidated revenues of $3.3 billion USD

-EBT before special items of $27 million USD

-Free cash flow of $125 million, an improvement of $277 million USD

-Cash and cash equivalents of $2.5 billion USD

-Major increases of 71% in business aircraft deliveries and 43% in net orders

-150th Global aircraft enters into service

-New order intake totalling $2.1 billion USD at Bombardier Transportation

-Book-to-bill ratio of 1.1 at Bombardier Transportation for the first nine months

-Total backlog at $30.7 billion USD

-Agreement to exit from servicing of BC’s manufactured housing operations

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