Bombardier 2QFY2009 revenue up 0.3%

Bombardier revenue up 0.3% - financial highlights:

• Three months ended 31-Jul-2009:
  • Revenue: USD4,946 million, +0.3% year-on-year;
    • Bombardier Aerospace: USD2,399 million, -4.7%;
    • Bombardier Transportation: USD2,547 million, +5.4%;
  • EBITDA: USD436 million, -14.2%;
    • Bombardier Aerospace: USD247 million, -29.0%;
    • Bombardier Transportation: USD189 million, +18.1%;
  • EBIT: USD313 million, -15.6%;
    • Bombardier Aerospace: USD154 million, -36.6%;
    • Bombardier Transportation: USD159 million,+24.2%;
  • Net profit: USD198 million, -21.1%;
  • Aircraft orders: -38, compared to an order of 175 aircraft in the previous corresponding period;
    • Commercial aircraft: 15, +36.4%;
  • Aircraft Deliveries: 80, -10.1%;
    • Commercial aircraft: 28, +21.7%;
• Six months ended 31-Jul-2009:
  • Revenue: USD9,417 million, -3.1%;
    • Bombardier Aerospace: USD4,168 million, -5.7%;
    • Bombardier Transportation: USD4,799 million, -0.5%;
  • EBITDA: USD791 million, -18.6%;
    • Bombardier Aerospace: USD451 million, -31.6%;
    • Bombardier Transportation: USD340 million, +8.6%;
  • EBIT: USD548 million, -21.2%;
    • Bombardier Aerospace: USD264 million, -41.2%;
    • Bombardier Transportation: USD284 million, +15.4%;
  • Net profit: USD354 million, -25.8%.
  • Order backlog:
    • Bombardier Aerospace: USD19.6 billion;
  • Aircraft orders: -29, compared to an order of 293 aircraft in the previous corresponding period;
    • Commercial: 65, -5.8%;
  • Aircraft deliveries: 155, -11.9%;
    • Commercial aircraft: 59, +15.7%. [more]

Bombardier: "We are taking the necessary actions to face the current difficult economic environment, which continues to have an impact on our results. The aerospace industry as a whole continues to experience challenging conditions, nevertheless, Bombardier Aerospace delivered 80 aircraft during the quarter, compared to 89 last year, and increased its market share position in business aircraft," Pierre Beaudoin, President and Chief Executive Officer. Source: Bombardier, 02-Sep-2009.