Bombardier Inc. T.BBD.A

Alternate Symbol(s): T.BBD.B | T.BBD.PR.B | T.BBD.PR.C | T.BBD.PR.D | BDRPF | BOMBF | BDRXF | BDRAF | BDRBF

Industrials Aerospace & Defense

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.

TSX:BBD.A - Post by User

Bombardier Inc.

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Post by anon314on Jul 16, 2015 6:57am

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Post# 23928943

Impact of rate cut on BBD

From Canaccord Genuity

Bombardier (BBD.B:TSX| BUY, C$3.00 target price). BBD should benefit from the weaker Canadian dollar, as BBD produces significant aircraft volumes in Canada and sells them mainly in US dollars. BBD estimates that a one cent weakening of the CAD versus the USD would boost operating profits by $32 million (about $0.01 EPS). We note the BBD benefit is likely to be delayed by 1-2 years as BBD has an extensive hedging program. BBD has limited domestic exposure, so the economic impact is likely to be small.

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