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BRIEF-Bombardier's Q4 EBIT Jumps to $342 Mln From $73 Mln

Published 2019-02-14, 06:10 a/m
© Reuters.  BRIEF-Bombardier's Q4 EBIT Jumps to $342 Mln From $73 Mln
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Feb 14 (Reuters) - Bombardier Inc BBDb.TO :

* QTRLY EARNINGS PER SHARE $0.02, QTRLY ADJUSTED EARNINGS PER SHARE $0.05, QTRLY REVENUE $4.30 BILLION, DOWN 7 PERCENT

* Q4 EARNINGS PER SHARE VIEW $0.02, REVENUE VIEW $4.54 BILLION -- REFINITIV IBES DATA

* QTRLY BUSINESS AIRCRAFTS REVENUE $1.49 BILLION VERSUS $1.45 BILLION; FY 2018 BUSINESS AIRCRAFTS DELIVERIES 137 UNITS, DOWN 1 UNIT

* AT DEC-END, BUSINESS AIRCRAFT ORDER BACKLOG $14.3 BILLION VERSUS $14.3 BILLION REPORTED AT Q3-END

* QTRLY COMMERCIAL AIRCRAFTS REVENUE $421 MILLION VERSUS $651 MILLION; FY 2018 COMMERCIAL AIRCRAFTS DELIVERIES 35 UNITS, DOWN 21 UNITS

* COMMERCIAL AIRCRAFT ORDER BACKLOG 97 UNITS AT DEC-END VERSUS 122 UNITS REPORTED AT Q3-END

* QTRLY BOMBARDIER TRANSPORTATION REVENUE $2.16 BILLION VERSUS $2.42 BILLION; FY 2018 TRANSPORTATION ORDER INTAKE $9.9 BILLION, DOWN 3 PERCENT

* AT DEC-END, BOMBARDIER TRANSPORTATION ORDER BACKLOG $34.5 BILLION VERSUS $33.9 BILLION REPORTED AT Q3-END

* 2019 GUIDANCE AFFIRMED, CLEAR PATH TO ACHIEVE 2020 OBJECTIVES

* FY FCF OF $182 MILLION, COMPRISING PROCEEDS FROM CERTAIN TRANSACTIONS, INCLUDING $1.0 BILLION OF CASH GENERATION IN Q4

* FULL YEAR CASH FLOWS FROM OPERATING ACTIVITIES OF $597 MILLION

* QTRLY EBIT $342 MILLION VERSUS $73 MILLION

* GLOBAL 7500 IS EXPECTED TO BE BUSINESS AIRCRAFT'S KEY GROWTH DRIVER FOR YEARS TO COME

* TRANSPORTATION'S RESULTS IN 2018 DID NOT REACH PERFORMANCE TARGETS UNDERLYING CDPQ INVESTMENT IN BT HOLDCO

* GLOBAL 5500 AND GLOBAL 6500 AIRCRAFT ARE EXPECTED TO ENTER INTO SERVICE AT THE END OF 2019

* BOMBARDIER, ON BT HOLDCO, SAYS FOR 12-MONTH PERIOD STARTING FEB 12, CO'S PERCENTAGE OF OWNERSHIP ON CONVERSION OF CDPQ'S SHARES WILL DECREASE BY 2.5 PERCENT

* BOMBARDIER, ON BT HOLDCO, SAYS FOR 12-MONTH PERIOD STARTING FEB 12, CO'S PERCENTAGE OF OWNERSHIP ON CONVERSION OF CDPQ'S SHARES WILL RETURN TO 70 PERCENT

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