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Bombardier Inc. T.BBD.A

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

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

Comment by Nordicoon Apr 28, 2024 5:06pm
167 Views
Post# 36011783

RE:RE:Q1 - some good, some bad

RE:RE:Q1 - some good, some badThe .36 EPS he mentioned is the adjusted figure, so one-time events are not included.

The reason adjusted EPS was so much less than Q1 last year was because of (a) much higher proportion of Challenger deliveries than Globals, compared to last year's higher proportion of Globals to Challengers, and (b) the 2 less deliveries than last year, which will even out in later quarters.

Tempo1 wrote: The lower EPS are a non event. Last year they are boosted by a net gain of financial instruments, a one time event. They are not related with the normal operations, it's an extraordinary gain that will not come again. Fine for last year, but you can't add them in the comparaison.

Then the FCF, Yes the 12 more orders bring more cash deposits and that, with the help of the manufacturing cash flow, helps to conterbalance (finance) the 620 M$ more in inventories. They need to build-up the jet ''in-progress'' to delivers them completed at year end.  That is the reason the FCF usage is limited to 387 M$ instead of having been at -630 M$.

Saying Again : strong results



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