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Bullboard - Stock Discussion Forum 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... see more

TSX:BBD.A - Post Discussion

Bombardier Inc. > Numbers and targets
View:
Post by bbdaerospacecnd on May 08, 2021 12:31pm

Numbers and targets

Bbd targets:

1.expanding its aftermarket business to account for 27% of revenue by 2025

2. reducing Global 7500 unit costs 20% by the 100th delivery.
  Bombardier delivered its 50th Global 7500 in March.

3. removing $400 million in costs from its business annually by 2023.

Bbd numbers:

1. Since the sale of the train business closed, Bombardier has paid off about $2.4 billion in debt

2.bbd  reduced  its annual interest expenses by $200 million.

3. Bombardier ended the first quarter with cash and cash equivalents worth $3.1 billion, up from $1.8 billion at the end of 2020.
4.generated $1.3 billion in first-quarter revenue, up 18% year on year.
5.Bombardier’s operating business lost $251 million in the first quarter of 2021. Bbd says  an upswing is under way.

6. Excluding interest, taxes, depreciation and amortisation, however, Bombardier earned a $123 million profit, up 43% year on year.


In 2021, Bombardier anticipates delivering 110 to 120 business jets, generating more than $5.6 billion in revenue and achieving an adjusted profit before interest and taxes of more than $100 million.

Revenues from business aircraft activities in 2021 are expected to be better than 2020 based on a gradual economic recovery scenario,” Bombardier says.
https://www.flightglobal.com/business-aviation/bombardier-makes-first-quarter-loss-but-hopes-worst-of-downturn-behind-us/143630.article

Comment by Acuras1 on May 08, 2021 1:04pm
Thank you, that's an excellent breakdown of the situation. What so many here don't get is that despite a paper book value of about zero  $, the potential for this smaller and better focussed Bombardier is just excellent. How  much would it cost today for a new start-up to get this far in the airplane building business? Not to mention development time and certification. Billions ...more  
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