Bombardier profits increase in 4Q2018 and FY2018, Commercial Aircraft in the red

Bombardier reported (14-Feb-2019) the following financial highlights:

• Three months ended 31-Dec-2018:
  • Revenue: USD4303 million, -6.7% year-on-year;
    • Commercial Aircraft: USD421 million, -35.3%;
    • Aerostructures and Engineering Services: USD622 million, +46.0%;
  • Operating profit (loss): USD342 million, compared to a profit of USD73 million in p-c-p;
    • Commercial Aircraft: (USD18 million), compared to a loss of USD138 million in p-c-p;
  • Net profit: USD55 million, compared to a loss of USD188 million in p-c-p;
• 12 months ended 31-Dec-2018:
  • Revenue: USD16,236 million, +0.2%;
    • Commercial aircraft: USD1756 million, -24.2%;
    • Aerostructures and Engineering Services: USD1953 million, +20.9%;
  • Operating profit (loss): USD1001 million, +235%;
    • Commercial aircraft: (USD755 million), compared to a loss of USD389 million in p-c-p;
  • Net profit: USD318 million, compared to a loss of USD525 million in p-c-p;
  • Total assets: USD24,958 million;
  • Cash and cash equivalents: USD3187 million;
  • Total liabilities: USD28,972 million. [more - original PR]