Desjardins analyst Benoit Poirier said Bombardier's Desjardins analyst Benoit Poirier said Bombardier's free cash, revenue and deliveries targets were stronger than expected and deemed the lack of a capex commitment less risky. "A clean sheet design has received pushback from investors," he wrote.
Bombardier also said it anticipates tripling its revenues from defense sales and services to more than $1 billion in the second half of the decade. (Reporting By Allison Lampert in Montreal; Editing by Jamie Freed and Jonathan Oatis)