Bombardier Inc. Class A · TSX:BBD.A
Bombardier Inc. Class A — Q1 F2007-08 Earnings Presentation
9 slides from Bombardier Inc. Class A's earnings presentation, May 29, 2007
Slide 1: First quarter results – F2007-08
First quarter results – F2007-08 Presentation to investors, financial analysts and media May 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 overall performance by both groups Aerospace • Continued strong business jet environment - Healthy level of new orders at 83 compared to 33 for the same period last year • U.S. Airline industry rebounding - Very good level of regional aircraft orders at 91 versus 19 last year Transp
Slide 4: Segmented information – Aerospace
Segmented information – Aerospace Q1 Q1 (In millions of U.S. dollars) F2007-08 F2006-07 Revenues Business 1,089 965 Regional 538 464 Other 633 524 Total 2,260 1,953 EBIT 112 5.0% 55 2.8% Amortization 104 103 EBITDA 216 9.6% 158 8.1% Reduction in EOAPC* 69 3.1% 42 2.2% EBITDA before 285 12.6% 200 10.
Slide 5: Segmented information – Transportation
Segmented information – Transportation Q1 Q1 (In millions of U.S. dollars) F2007-08 F2006-07 Revenues Rolling stock 1,028 1,017 Services 374 325 System and 305 244 signalling Total 1,707 1,586 EBITDA 98 5.7% 48 3.0% EBIT 71 4.2% 23 1.5% 5
Slide 6: Financial results overview
Financial results overview (In millions of U.S. dollars, except Q1 Q1 per share amounts) F2007-08 F2006-07 Revenues 3,967 3,539 EBIT from continuing operations 183 78 Financing expense, net 69 49 EBT from continuing operations 114 29 Income taxes 35 8 Income from continuing 79 21 operations Income f
Slide 7: Free cash flow
Free cash flow Q1 Q1 (In millions of U.S. dollars) F2007-08 F2006-07 Aerospace Excluding aircraft financing 125 (163) Aircraft financing (59) (105) Transportation Excluding discretionary pension contribution 6 (197) Discretionary pension (174) - contribution Interest and taxes (52) (74) Total (154)
Slide 8: Conclusion
Conclusion Business jet market continues strong Rebound in regional aircraft activities Good level of order intake and a robust market at Transportation Strong overall backlog at $45.4 billion Both groups increasing profitability and remaining focused on further improving margins 8
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 as well as on Free Cash Flow. These non-GAAP measures are directly derived from the Consolidated Financ