Bombardier Inc. T.BBD.A

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

Industrials Aerospace & Defense

Bombardier Inc. is focused on designing, manufacturing, and servicing business jets. The Company has a fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments, and private individuals. The Company designs, develops, manufactures and markets two families of business jets (Challenger and Global), spanning from the mid-size to large categories. The Company also provides aftermarket support for both of these aircraft, as well as for the Learjet family of aircraft. The Company's 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, Italy, Austria, The United Arab Emirates, Singapore, China and Australia. Its jets include Challenger 300, Challenger 350, Challenger 3500, Global 5000, Global 5500, Global 6000.

TSX:BBD.A - Post by User

Bombardier Inc. > Q1 - some good, some bad

<< Previous

Bullboard Posts

Next >>

Comment by Nordicoon Apr 28, 2024 5:06pm

164 Views

Post# 36011783

RE:RE:Q1 - some good, some bad

The .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