Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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

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 BBDB859on Jul 25, 2024 7:45am
205 Views
Post# 36147533

RE:Wow!

RE:Wow!Hey NN. I calculated $500M for Services for the Quarter, so that came true. You were a bit higher on Revs than I was too. The reason for it is, a couple of extra planes delivered.

They spend about $420M for the first 2 Quarters on Inventory build up for the year. They are just about even on getting that cash back in the first half, which is great. So if they Increase Q1 deliveries to a normal 25/6/7 deliveries. Then they'll have that back in the H1 and H2 will all be profit. This is great news. They'll know exactly what cash they need to keep on hand in Reserves for the year, and what they can put on the LTD in 2025 from those Reserves. Remember they keep about $1.7B on hand every year. So 2025 we'll see a bit of an ajustment as far LTD from the Reserves as well. I'm very surprised with B to B ratio of 1, which says we're humming given the high delivery of 39 planes. Excellent

MyNameIsNobody wrote: Deliveries(39), services (507M$)... just wow! ... better than I expected!


<< Previous
Bullboard Posts
Next >>