Bombardier has reported its fourth quarter and full year 2018 results, highlighting progress executing its turnaround plan. Bombardier’s 2018 consolidated revenues reached $16.2 billion, reflecting 3% average year-over-year growth across transportation, business aircraft and aerostructures, excluding currency impact. Bombardier’s consolidated backlog reached $53.1 billion at the end of 2018. EBIT before special items continued to improve in 2018, increasing 42% year-over-year from $725 million to more than $1.0 billion, the top-end of the company’s guidance. The 6.3% EBIT margin before special items in 2018 represents a strong 330 bps increase since the start of the turnaround plan in 2015, well
This content is restricted to site members.
If you are an existing user, please login below.
New users may register below.