Bombardier Reports Third Quarter 2017 Results
- Game-changing, strategic partnership with Airbus to accelerate commercial momentum for C Series program
- LOI for up to 61 C Series aircraft, including 31 firm from a European customer
- Execution of transformation plan continues to deliver margin(1) growth; full year EBIT margin guidance for all business units reaffirmed(2)
- Consolidated full-year EBIT before special items(2) expected to be at least $630M, the high end of guidance range
- Engine delivery delays to impact C Series program; with 20-22 deliveries now expected for the year(2)
- Revenues and free cash flow usage(2)(3) for the full year expected to be approximately $16.3B and $1B, respectively
full report:
http://www.bombardier.com/en/media/newsList/details.binc-20171002-bombardier-reports-third-quarter-2017-results.bombardiercom.html
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