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BRIEF-Bombardier Inc says Q3 revenue $4.1 bln vs I/B/E/S view $4.6 bln

Published 2015-10-29, 07:29 a/m
© Reuters.  BRIEF-Bombardier Inc says Q3 revenue $4.1 bln vs I/B/E/S view $4.6 bln
BBDb
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Oct 29 (Reuters) - Bombardier Inc BBDb.TO :
* Says Q3 Commercial Aircrafts revenue $480 mln Vs. $787 mln
* Says Q3 Business Aircrafts Segment revenue $1.56 bln Vs. $1.64 bln
* Bombardier announces financial results for the third quarter ended september 30, 2015
* Says Q3 revenue $4.1 bln vs i/b/e/s view $4.6 bln
* Says Q3 shr loss $2.20
* Says Q3 shr view $0.03 -- thomson reuters i/b/e/s
* Says entered MOU which contemplates $1 bln investment by Ministere De L'Economie, De L'Innovation Et Des Exportations Du Quebec
* Says Q3 commercial aircrafts deliveries 14 units vs. 26 units
* Says Q3 bombardier transportation revenue $1.99 bln vs. $2.34 bln
* Says order backlog at commercial aircrafts $11.5 bln as at sept-end vs. $12.5 bln at dec-end
* Says investment by Ministere De L'Economie, De L'Innovation Et Des Exportations Du Quebec for 49.5% equity stake in limited partnership
* Says Q3 bombardier transportation order intake $2.2 bln vs. $1.1 bln
* Says Q3 business aircrafts deliveries 43 units vs. 45 units
* says order backlog at bombardier transportation $30 bln as at sept. 30, 2015 vs. $32.5 bln as at dec 31, 2014
* Says order backlog at business aircrafts business $20.3 bln as at sept. end vs. $24 bln as at dec-end
* Says cancellation of Learjet 85 aircraft program announced
* Says appointment of Nico Buchholz as senior vice president and chief procurement officer
* Says pursuing the placement of a minority stake in its transportation business segment
* Says newly created limited partnership will be owned 50.5% by bombardier
* Says new limited partnership will, as unit of Bombardier, carry on the operations related to the corporation's c series aircraft program
* Says proceeds of the investment will be used entirely for cash flow purposes of the C series program
* Says definitive agreements expected to be entered into on or before
Jan 1, 2016, or such other date as corporation and government shall agree
* Says investment will not materially affect control of Bombardier
* Says on an adjusted basis, net income amounted to $2 million, or eps of nil, for the third quarter

* Source text for Eikon ID:nMKWdQKgDa

* Further company coverage BBDb.TO

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