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BRIEF-Bombardier Inc Exec Expects 2021 Deliveries Roughly In Line With 2020- Conf Call

Published 2021-02-11, 09:36 a/m
© Reuters.
BBDb
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Feb 11 (Reuters) - Bombardier Inc BBDb.TO :

* BOMBARDIER INC EXEC EXPECTS 2021 DELIVERIES ROUGHLY IN LINE WITH 2020

* BOMBARDIER EXEC CALLS GLOBAL 7500 COST IMPROVEMENT "MOST MEANINGFUL EARNINGS GROWTH DRIVER" FOR NEXT 2 YEARS-CONF CALL

* BOMBARDIER EXEC SAYS POTENTIAL UPSIDE TO 2021 PLAN COMES FROM THE SERVICES BUSINESS

* BOMBARDIER EXEC SAYS SERVICES BUSINESS COULD BENEFIT FROM EARLY AND SUSTAINED RECOVERY IN CUSTOMER FLIGHT HOURS IN 2021

* BOMBARDIER EXEC SAYS SERVICE BUSINESS WILL BE A BIGGER PIECE OF CO'S BUSINESS

* BOMBARDIER EXEC EXPECTS GLOBAL 7500 TURNING PROFITABLE IN 2021

* BOMBARDIER EXEC SAYS GROWTH IN SERVICES WILL BE ONE OF EARNING DRIVERS IN 2021, 2022

* BOMBARDIER EXEC EXPECTS TO KEEP CASH ON BALANCE SHEET IN $1.50 BILLION-$2 BILLION RANGE TO ABSORB INTRA-QUARTER FLUCTUATIONS

* BOMBARDIER EXEC EXPECTS TO COME INTO FREE CASH FLOW POSITIVE POSITION SOMEWHERE BETWEEN 2021 AND 2023 Further company coverage: BBDb.TO

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