March 4 (Reuters) - Bombardier Inc BBDb.TO :
* BOMBARDIER PROVIDES 2025 FINANCIAL TARGETS
* BOMBARDIER - ESTIMATES IT WILL TAKE SEVERAL YEARS FOR MARKET TO RETURN TO 2019 DELIVERY LEVELS
* BOMBARDIER - EXPECTS BUSINESS JET DELIVERIES TO BEGIN A GRADUAL RECOVERY THIS YEAR
* BOMBARDIER - WILL FOCUS ON CLEARING A MINIMUM THREE-YEAR MATURITY RUNWAY
* BOMBARDIER - PLANS TO DEPLOY PROCEEDS FROM BOMBARDIER TRANSPORTATION SALE, PRIORITIZING PAY DOWN OF NEAR-TERM MATURITIES WITH FOCUS ON 2021, 2022 TRANCHES
* BOMBARDIER - CONSIDERING VARIOUS OPTIONS TO ADDRESS OTHER DEBT MATURITIES IN OPPORTUNISTIC MANNER
* BOMBARDIER - EXPECTS TO TURN FREE-CASH-FLOW POSITIVE NEXT YEAR AND GENERATE MORE THAN $500 MILLION IN 2025
* BOMBARDIER - EXPECTS TO DIVERSIFY REVENUE MIX BY GROWING AFTERMARKET SERVICES FROM ABOUT 18% OF REVENUE IN 2020 TO ABOUT 27% OF REVENUE BY 2025
* BOMBARDIER - SEES 2025 TOTAL REVENUES ABOUT $7.5 BILLION; SEES 2025 ADJUSTED EBITDA ABOUT $1.5 BILLION
* BOMBARDIER -EXPECTS TO ACHIEVE $400 MILLION IN RECURRING SAVINGS BY 2023 THROUGH LABOR PRODUCTIVITY IMPROVEMENTS, LOWER CORPORATE COSTS, AMONG OTHERS
* BOMBARDIER - NEARING 50TH GLOBAL 7500 JET DELIVERY; EXPECTS TO ACHIEVE 20% REDUCTION IN UNIT COST BETWEEN 50TH AND 100TH DELIVERY