2-Dec-2011 12:11 PM
Bombardier EBIT up 29% in 3QFY2012
Bombardier revenue up 16% - financial highlights for three months ended 31-Oct-2011:
- Total revenue: USD4623 million, +15.7% year-on-year;
- Bombardier Aerospace: USD2305 million, +26.0%;
- Commercial aircraft: USD526 million, +22.0%;
- Bombardier Aerospace: USD2305 million, +26.0%;
- EBIT: USD243 million, +28.6%;
- Bombardier Aerospace: USD129 million, +31.6%;
- 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.