Bombardier Inc. Class A · TSX:BBD.A
Bombardier Inc. Class A — Q2 F2007-08 Earnings Presentation
9 slides from Bombardier Inc. Class A's earnings presentation, Aug 29, 2007
Slide 1: Second quarter results – F2007-08
Second quarter results – F2007-08 Presentation to investors, financial analysts and media August 29, 2007
Slide 2: Forward-looking statements
Forward-looking statements This presentation includes forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “anticipate”, “plan”, “foresee”, “believe” or “continue” or the negatives of t
Slide 3: Overview
Overview Solid performance by both groups Aerospace • All businesses doing well - Exceptional level of new orders - Good progress in increasing profitability Transportation • Order intake in line with expected book-to-bill ratio above one for full year • Profitability has improved (before impact o
Slide 4: Segmented information – Aerospace
Segmented information – Aerospace Q2 Q2 (In millions of U.S. dollars) F2007-08 F2006-07 Revenues Business 1,032 877 Regional 551 490 Other 627 532 Total 2,210 1,899 EBIT 133 6.0% 66 3.5% Amortization 103 106 EBITDA 236 10.7% 172 9.1% Reduction in EOAPC* 67 3.0% 45 2.4% EBITDA before 303 13.7% 217 11
Slide 5: Segmented information – Transportation
Segmented information – Transportation Q2 Q2 (In millions of U.S. dollars) F2007-08 F2006-07 Revenues Rolling stock 1,163 992 Services 316 341 System and 352 291 signalling Total 1,831 1,624 EBITDA before 106 5.8% 87 5.4% special items EBIT before special 80 4.4% 60 3.7% items 5
Slide 6: Financial results overview
Financial results overview Q2 Q2 (In millions of U.S. dollars, except per share amounts) F2007-08 F2006-07 Revenues 4,041 3,523 EBIT from continuing operations before special items 213 126 Financing expense, net 72 49 EBT from continuing operations 141 77 before special items Special items 162 -- In
Slide 7: Free cash flow
Free cash flow Q2 Q2 (In millions of U.S. dollars) F2007-08 F2006-07 Aerospace Excluding aircraft financing 262 15 Aircraft financing 215 278 Transportation 296 (9) Interest and taxes (140) (138) Total 633 146 7
Slide 8: Conclusion
Conclusion Good overall performance in both groups • Improved profitability in all businesses • Excellent free cash flow generation • Very good level of order intake in Aerospace • Transportation increasing penetration in emerging markets • Backlog of $47.9 billion - at record level Both groups
Slide 9: Caution regarding non-GAAP earnings measures
CAUTION REGARDING NON-GAAP EARNINGS MEASURES This presentation is based on reported earnings in accordance with Canadian generally accepted accounting principles (GAAP). It is also based on EBITDA, EBIT, EBT and EPS from continuing operations before special items as well as on Free Cash Flow. These