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. > Moody's upgrade to B1

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Comment by Tempo1on May 05, 2024 4:56pm

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Post# 36024065

RE:RE:RE:RE:Moody's upgrade to B1

In fact, at dec 31, 2023 the ROE was infinite ( 445$ / 0$=infinite). Strong return, but it is too risky, the debt level is too high, the balance sheet is unbalanced. Balance sheet will change gradually in the next years (after 2024) when the FCF will perform with full swing.

At one point, the debt reimbursment will be less productive than shares buybacks (or div, or reinvestment in M&A) in a share holder perspective.

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