29-Apr-2016 10:58 AM
Bombardier Commercial Aircraft reports USD66m EBIT loss in 1Q2016
Bombardier reported (28-Apr-2016) the following highlights for its Commercial Aircraft business for 1Q2016:
Financial highlights:
- Revenue: USD616 million, -8% year-on-year;
- EBIT: (USD66 million), compared to 1Q2015 loss of USD9 million;
- EBIT margin: -10.7%, compared to 1Q2015 net margin of -1.3%;
- Order backlog: USD11.1 billion, -3%.
Operational highlights:
- Aircraft deliveries: 20, -13%;
- Net orders: 2, -92%;
- Book-to-bill ratio: 0.1, compared to 1.1 in 1Q2015. [more - original PR]