Bombardier Reports Second Quarter 2018 Results
- Earnings(1) up 18% year over year on $4.3B revenues, driven by a strong 11% growth at Transportation
- EBIT margin(1) expands by 80 bps to 6.4%
- Consolidated EBITDA and EBIT before special items(2) of $336M and $271M respectively
- Improved free cash flow usage(2) of approximately $370M(3) supports full year breakeven target
- Backlog expansion across all businesses(4)
- Airbus partnership closed ahead of schedule; significant new orders announced
- $600M cash infusion from Downsview property sale finalized
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https://www.bombardier.com/en/media/newsList/details.binc-20180802-bombardier-reports-second-quarter-2018-results.bombardiercom.html
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