Bombardier Inc. T.BBD.A

Alternate Symbol(s): BDRPF | T.BBD.PR.B | BDRXF | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRAF | T.BBD.B | 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. > Q1 - some good, some bad

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Comment by bbdmicon Apr 28, 2024 4:29pm

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Post# 36011759

RE:Q1 - some good, some bad

Snowey please read the page 16. they paid 100M$.

Snowey wrote:
I was disappointed with EPS of only .36 which is (66%) drop from Q1 last year. Poor.

The increase in Backlog to $14.9 is very welcome news, but I don’t understand. I thought that when they got new orders, they got a big deposit which improved FCF and they could use to pay down debt. But the FCF usage was negative ($387). Poor. And nothing was applied to debt in Q1. Any comments on this welcome.

The aftermarket business looks excellent going forward with good and improving margins. And defense sector can be another winner.

The market focused on management commentary and promises of stronger margin growth overall for the year. Market is always forward looking, as the fella said.

Hold on to your shares. I think it will be a good year. My target for year is $87.

All the best.

Snowey.