Bombardier Inc. Class A · TSX:BBD.A
Bombardier Inc. Class A — Q2 2022 Earnings Presentation
12 slides from Bombardier Inc. Class A's earnings presentation, Aug 4, 2022
Slide 1: Financial Results
Financial Results For the second quarter ended June 30th, 2022 August 4th, 2022
Slide 2: Caution Regarding Forward-Looking Statements
CAUTION REGARDING FORWARD-LOOKING STATEMENTS This presentation includes forward-looking statements, which may involve, but are not limited to: statements with respect to our objectives, anticipations and outlook or guidance in respect of various financial and global metrics and sources of contributi
Slide 3: Revenues
REVENUES For the three-month periods ended June 30th REVENUES AIRCRAFT REVENUES1 DISTRIBUTION1 DELIVERIES 23% 12 $1.6B 28 16 $1.5B 77% Q2 2021 Q2 2022 Manufacturing & Other Aftermarket Large Medium Note: Chart data may not be to scale. 3 1. Includes continuing operations only.
Slide 4: Earnings
EARNINGS For the three-month periods ended June 30th ADJUSTED ADJUSTED REPORTED EBITDA1, 2 EBIT1, 2 EBIT1 1, 3 1, 3 1, 4 and Adjusted EBITDA margin and Adjusted EBIT margin and Reported EBIT margin $201M $143M 12.9% $101M $103M 9.4% 6.6% 6.5% $32M $36M 2.1% 2.4% Q2 2021 Q2 2022 Q2 2021 Q2 2022 Q2 20
Slide 5: Free Cash Flow and EPS
FREE CASH FLOW AND EPS For the three-month periods ended June 30th TOTAL FCF1, 2 ADJUSTED EPS1, 4, 5 Q2 2022 $(0.48) $(1.49) Q2 2021 Q2 2022 DILUTED EPS1, 5 $1.34 Cash flows Capex1, 3 Free cash $(1.22) from operating flow1, 2 Q2 2021 Q2 2022 activities1 Note: Chart data may not be to scale. 1. Inclu
Slide 6: 2022 Guidance Update
2022 GUIDANCE UPDATE 2022 Guidance Results for the 2022 Guidance Continuing operations only provided in our 2021 six-month period Update(2) Financial Report(1) ended June 30, 2022 Aircraft deliveries (in units) > 120 49 > 120 Revenues > $6.5B $2.8B > $6.5B Adjusted EBITDA(3) > $825M $368M > $825M Ad
Slide 7: Slide 7
Slide 8: Financial Performance
FINANCIAL PERFORMANCE For the three-month periods ended June 30th Q2 2022 Q2 2021 Variance Revenues(1) $1,557 $1,524 2% Adjusted EBITDA(1)(2) $201 $143 41% Adjusted EBITDA margin(1)(3) 12.9% 9.4% 350 bps Adjusted EBIT(1)(2) $103 $32 222% Adjusted EBIT margin(1)(3) 6.6% 2.1% 450 bps EBIT(1) $101 $36
Slide 9: Caution Regarding Non-GAAP and Other Financial Measures
CAUTION REGARDING NON-GAAP AND OTHER FINANCIAL MEASURES 9
Slide 10: Caution Regarding Non-GAAP and Other Financial Measures
CAUTION REGARDING NON-GAAP AND OTHER FINANCIAL MEASURES Non-GAAP and other financial measures are measures mainly derived from the consolidated financial statements but are not standardized financial measures under the financial reporting framework used to prepare our financial statements. Therefore
Slide 11: Reconciliation of Non-GAAP and Other Financial Measures
RECONCILIATION OF NON-GAAP AND OTHER FINANCIAL MEASURES 1. Includes continuing operations only. 2. Refer to the Consolidated results of operations section for details regarding special items. 3. As of June 13, 2022, Bombardier proceeded with a share consolidation of the Corporation’s Class A shares
Slide 12: Reconciliation of Non-GAAP and Other Financial Measures
RECONCILIATION OF NON-GAAP AND OTHER FINANCIAL MEASURES 1. Includes continuing operations only. 2. Refer to the Consolidated results of operations section for details regarding special items. 3. As of June 13, 2022, Bombardier proceeded with a share consolidation of the Corporation’s Class A shares