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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. > Excellent results... again
View:
Post by flamingogold on Feb 08, 2024 8:06am

Excellent results... again

This is getting boring... not :). We should get an announcement soon on another round of debt reduction.
Comment by Prakash on Feb 08, 2024 9:05am
$ 1 Billion debt would be paid by 2025. Bringing leaverage in the range of 2 to 2.5. They reduced leaverage from 3.7 to 3.3 in 2023. Doing great job. Increase delivery target to 150 to 155 for 2024, almost close to 2025 guidance, so practically one year ahead of 2025 guidance. 
Comment by Truthifest on Feb 08, 2024 9:12am
How much debt reduction is expected this year, with FCF guidance coming in light.  
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