Loading
31-Jul-2017 11:12 AM

Bombardier reports significantly improved losses in 2Q2017

Bombardier reported (28-Jul-2017) the following financial highlights:

  • Three months ended 30-Jun-2017:
    • Revenue: USD4092 million, -5% year-on-year;
      • Commercial aircraft: USD640 million, -16.2%;
      • Aerostructures and engineering services: USD426 million, +0.2%;
    • EBIT (loss): (USD123 million), compared to a loss of USD251 million in p-c-p;
    • Net profit (loss): (USD296 million), compared to a loss of USD490 million in p-c-p;
  • Six months ended 30-Jun-2017:
    • Revenue: USD7668 million, 7%;
      • Commercial aircraft: USD1180 million, -14.5%;
      • Aerostructures and engineering services: USD814 million, -8.8%;
    • EBIT (loss): (USD18 million), compared to a loss of USD195 million in p-c-p;
    • Net profit (loss): (USD327 million), compared to a loss of USD628 million in p-c-p;
    • Total assets: USD23,395 million;
    • Cash and cash equivalents: USD2217 million;
    • Total liabilities: USD27,220 million. [more - original PR]

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More