16 slides from Bombardier Inc. Class A's earnings presentation, Jul 30, 2015
Slide 1: Financial Results for the Second Quarter Ended June 30, 2015
FINANCIAL RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2015 Presentation to investors, financial analysts and media July 30, 2015
Slide 2: Forward-looking statements
Forward-looking statements This presentation includes forward-looking statements, which may involve, but are not limited to: statements with respect to our objectives, guidance, targets, goals, priorities, market and strategies, financial position, beliefs, prospects, plans, expectations, anticipati
Slide 3: Agenda
Agenda Overview Q2 Financial Highlights Segment Update Bombardier Transformation Plan 2
Slide 4: Highlights of Q2 F2015 Results
Highlights of Q2 F2015 Results Revenues1 EBIT Free cash flow2 $4.6B $226M $(808)M 4.9% Order backlog Adjusted EPS2 Liquidity $64.8B $0.06 $4.4B 1 Includes 1.8% organic growth and negative currency impact of 7.3% 2 Non-GAAP financial measures. See Caution regarding Non-GAAP measures at the end of thi
Slide 5: Update on Guidance
Update on Guidance Prior First six Guidance Guidance months 2015 Update Bombardier EBIT margin of EBIT margin before Business approximately 7% special items of 6.7% Between 5% and 6% Aircraft Bombardier Negative EBIT Negative EBIT before Expectations maintained Commercial of $200M special items of $
Slide 6: Liquidity
Liquidity Change in liquidity (in billions of dollars) $(0.8) $(0.1) $4.4 $3.8 Repayments of Available Other revolving Available $3.0 long-term debt $1.3 revolving credit $1.4 $(1.6) facilities credit facilities Free cash flow Debt / Equity Cash & Cash & Issuance $3.1 cash usage cash $2.5 equivalent
Slide 7: Agenda
Agenda Overview Q2 Financial Highlights Segment Update Bombardier Transformation Plan 6
Slide 8: Commercial Aircraft Update
Commercial Aircraft Update § More than 2,000 flight test hours accumulated and more than 75% of the CS100 certification program completed § On track to certify the CS100 by year-end and fully focused on supporting our launch customer SWISS with an entry-into-service in the first half of 2016 § C Ser
Slide 9: Business Aircraft Update
Business Aircraft Update § Great franchise with a $22.2 billion backlog, the largest in the industry § Best-in-class products like the Challenger 350 and the Global 5000/6000 § Lower than normal orders for the quarter due to continued market softness, mostly in China, Latin America and Russia § The
Slide 10: Transportation Update
Transportation Update § A global market leader in rail transportation benefiting from favourable megatrends § Strong $30.4 billion order backlog and great opportunities for margin expansion § Implementation of OneBT continues as planned to improve project execution and free cash flow generation § Co
Slide 11: Agenda
Agenda Overview Q2 Financial Highlights Segment Update Bombardier Transformation Plan 10
Slide 12: Bombardier Transformation Plan: Cash, Cost, Performance
Bombardier Transformation Plan CASH │ COST │ PERFORMANCE Bombardier transformation plan transitioning to execution phase Objectives Opportunities Improve cash generation: Product cost reduction driven through Unlock cash savings internal and external supplier improvements Reduce costs: Optimization
Slide 13: Closing Comments
12 BOMBARDIER the evolution of mobility
Slide 14: Q&A
13 Q&A BOMBARDIER the evolution of mobility
Slide 15: Aircraft program disclaimer; Caution regarding non-GAAP financial measures
Aircraft program disclaimer The CSeries family of aircraft, and the Global 7000 and Global 8000 aircraft programs are currently in development, and as such are subject to changes in family strategy, branding, capacity, performance, design and/or systems. All specification and data are approximate, m
Slide 16: Bombardier: the evolution of mobility
BOMBARDIER the evolution of mobility