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Bombardier revenue up in FY2011

2-Mar-2012 12:22 PM

Bombardier reports (01-Mar-2012) the following financial highlights:

  • Three months ended Dec-2011:
    • Revenues: USD4316 million, -22.7% year-on-year;
    • Cost of sales: USD3601 million, -22.3%;
    • EBIT: USD293 million, -31.4%;
    • Net income: USD213 million, -26.3%;
  • 12 months ended Dec-2011:
    • Revenues: USD18,347 million, +2.5%;
    • Cost of sales: USD15,444 million, +3.3%;
    • EBIT: USD1,202 million, -0.2%;
      • Bombardier Aerospace: USD502 million, -9.4%;
    • Net income: USD837 million, +9.8%. [more - original PR]

Bombardier: “Bombardier Aerospace expects to deliver approximately 180 business aircraft and 55 commercial aircraft for the fiscal year 2012. EBIT margin for the year ending December 31, 2012 is expected to be approximately 5%.” Source: Company statement, 01-Mar-2012.