Bombardier Inc. T.BBD.A

Cash burn

[Mamaatthegore]

Everything looks good but they seem to burn through alot of cash. Reasons?

[stock4life48]

Building inventory for the 2nd half of the year when most ot the planes are delivered All due respect, you must be new to Bombardier as this is well known.  FCF was expected to be -199 mil on the street and we did significantly better than that

[Mamaatthegore]

Yes I am and thank you! 

[stockitnow]

Global 8000 development/certification cost and left over cost from Pearson move. We will probably here more about the reason from management.

[BBDB859]

Ya, I forgot the G8000 certification cost too. Thanks stock

[PabloLafortune]

Inventory build up. Overall the balance sheet is essentially unchanged vs December 31 which is very good for Bombardier relative to prior years.  In particular they incurred $127M in Q2 for "losses on repayment of long term debt".  Backlog remaining at $14.9B considering the revenue increase is absolutely outstanding. Services revenue is awesome too. Stellar quarter if you ask

[BBDB859]

That's what I say too. The've had a remarkable Quarter and the Revs are growing at a great pace.