Bombardier Reports Fourth Quarter and Full Year 2018 Results

• EBIT before special items⁽¹⁾ up 42% year-over-year to more than $1.0B on revenues of $16.2B for the year; EBIT increased 235% year-over-year to $1.0B
• 2018 EBIT margin before special items⁽¹⁾ up 180 bps year-over-year to 6.3%; EBIT margin of 6.2%
• Full year free cash flow⁽¹⁾ of $182M, comprising proceeds from certain transactions, including $1.0B of cash generation in the fourth quarter; full year cash flows from operating activities of $597M
• Strong backlog growth at Business Aircraft and Transportation, with full year book-to-bill ratios⁽²⁾ of 1.1 at both segments, and a consolidated backlog of $53.1B
• 2019 guidance affirmed, clear path to achieve 2020 objectives

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