9 slides from Bombardier Inc. Class A's earnings presentation, May 11, 2017
Slide 1: Financial Results for the First Quarter of 2017
FINANCIAL RESULTS FOR THE FIRST QUARTER OF 2017 MAY 11, 2017 STAKEHOLDERS PRESENTATION
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 the Corporation’s objectives, guidance, targets, goals, priorities, market and strategies, financial position, beliefs, prospects,
Slide 3: Strong Start to the Year
STRONG START TO THE YEAR Q1 2016 Q1 2017 Q1 2017 Highlights BT 5% organic growth, ex currency REVENUES $3.9B $3.6B Disciplined BBA and BCA production Stable EBIT, increasing earnings power EBIT $130M $128M Increasing margins, led by BT and BBA before special items1 Improving FCF while inve
Slide 4: Strong Financial Performance Across All Segments
STRONG FINANCIAL PERFORMANCE ACROSS ALL SEGMENTS Q1 REVENUES EBIT1 EBIT % Q1 2017 HIGHLIGHTS 2017 $1.9B $153M 8.0% $2.2 billion in new orders BT Book-to-bill 1.1x 2016 $1.9B $115M 6.1% 2017 $1.0B $77M 7.6% 29 deliveries, aligned to markets BBA Mix skewed to light aircraft 2016 $1.3B $87M 6.7
Slide 5: Focus on Earnings Power and Execution
FOCUS ON EARNINGS POWER AND EXECUTION RESUMED GROWTH AT BT POSITIONED FOR REVENUE ACCELERATION IN 2ND HALF CONTINUED MARGIN EXPANSION AND IMPROVING FCF TREND STEADY PROGRAM EXECUTION SOLID PERFORMANCE HIGHLIGHTS PROGRESS MADE 5 5
Slide 6: Bombardier
BOMBARDIER
Slide 7: Global 7000 and Global 8000 Aircraft Program Disclaimer
GLOBAL 7000 AND GLOBAL 8000 AIRCRAFT PROGRAM DISCLAIMER The Global 7000 and Global 8000 aircraft program is currently in development, and as such is subject to changes in family strategy, branding, capacity, performance, design and/or systems. All specifications and data are approximate, may change
Slide 8: Reconciliation of Segment to Consolidated Results
RECONCILIATION OF SEGMENT TO CONSOLIDATED RESULTS Reconciliation of segment to consolidated results Three-month periods ended March 31 2017 2016 Revenues Business Aircraft $ 1,007 $ 1,303 Commercial Aircraft 540 616 Aerostructures and Engineering Services 388 468 Transportation 1,923 1,880 Corporate
Slide 9: Reconciliation of Non-GAAP Measures
RECONCILIATION OF NON-GAAP MEASURES Reconciliation of EBITDA before special items and EBITDA to EBIT Three-month periods ended March 31 2017 2016 EBIT $ 105 $ 56 Amortization 78 89 EBITDA 183 145 Special items 23 74 EBITDA before special items $ 206 $ 219 Free cash flow usage Three-month periods end