Bombardier Inc. T.BBD.A

GOOD NEWS!!

[DrSpec_]

Good Numbers.

https://apnews.com/press-release/globe-newswire/business-government-business-and-finance-products-and-services-corporate-restructuring-and-recapitalization-new-products-and-services-b221b787e419020ccc565159c31bf571

[Willy2k]

Go bomber go

[DrSpec_]

How about this part: ” Pro forma cash and cash equivalents(2) of $5.4 billion, including Cash on hand of $1.8 billion at Bombardier Inc. on December 31, 2020 and $3.6 billion of proceeds from the recently closed sale of Transportation once it becomes fully available; Pro-forma net debt(3) of approximately $4.7 billion”

[DrSpec_]

2021 outlook(4): Revenues expected to grow organically; Adjusted EBITDA and EBIT(1) expected to increase to greater than $500 million and $100 million respectively, and FCF usage expected to be better than $500 million, including one-time costs and investments

[DrSpec_]

Business aircraft delivered 114 aircraft including specialized aircraft during the year, comprised of 59 Global, 44 Challenger, and 11 Learjet. Deliveries peaked during the fourth quarter with 44 aircraft delivered, including a record 16 Global 7500 deliveries.

[DrSpec_]

Revenues from Business Aircraft activities reached $5.6 billion in 2020, growing 3% year-over-year driven by the continued ramp up of Global 7500 aircraft deliveries, notwithstanding production rate adjustments on other platforms to align with market conditions and customer requirements in response to the COVID-19 pandemic. Business aircraft manufacturing revenues increased 11% year

[DrSpec_]

;)

[DrSpec_]

https://apnews.com/press-release/globe-newswire/business-government-business-and-finance-products-and-services-corporate-restructuring-and-recapitalization-new-products-and-services-b221b787e419020ccc565159c31bf571

[DrSpec_]

Bashers and shorts are very active today.. LOL