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Bombardier EBIT up 29% in 3QFY2012

2-Dec-2011 12:11 PM

Bombardier revenue up 16% – financial highlights for three months ended 31-Oct-2011:

  • Total revenue: USD4623 million, +15.7% year-on-year;
  • EBIT: USD243 million, +28.6%;
  • Net profit: USD192 million, +30.6%;
  • Commercial aircraft deliveries: 24 aircraft, compared to 19 in p-c-p;
    • CRJ700: Three, compared to six in p-c-p;
    • CRJ900: Two, compared to three in p-c-p;
    • CRJ1000: Four, no deliveries in p-c-p;
    • Q400: 15, compared to 10 in p-c-p;
  • Net commercial aircraft orders: 4 aircraft, compared to 10 in p-c-p;
  • Order backlog: USD22,300 million,  +16% when compared to period ended 31-Jan-2011;
  • Total assets: USD24,270 million, +0.8% when compared to period ended 31-Jan-2011;
  • Cash and cash equivalents: USD2708 million, -35.4% when compared to period ended 31-Jan-2011;
  • Total liabilities: USD23,240 million, +3.0% when compared to period ended 31-Jan-2011. [more – Original PR]

Bombardier: “Bombardier Aerospace has seen a good level of deliveries and the backlog increased by 16% since the beginning of the year, proving the popularity of our families of aircraft, especially in the large business jet category,” Pierre Beaudoin, President and Chief Executive Officer. Source: Bombardier, 01-Dec-2011.