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;
- Revenue: USD4092 million, -5% year-on-year;
- 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]
- Revenue: USD7668 million, 7%;