9 slides from Bombardier Inc. Class A's earnings presentation, Jul 31, 2014
Slide 1: Financial Results for the Second Quarter Ended June 30, 2014
FINANCIAL RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2014 Presentation to investors, financial analysts and media July 31, 2014
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, our market and strategies, financial position, beliefs, prospects, plans, expectations, antici
Slide 3: Good second quarter results
Good second quarter results On target to meet our full year guidance REVENUES Revenues of $4.9 billion © Bombardier Inc. or its subsidiaries. All rights reserved. $4.9B EBIT of $257 million (5.3% of revenues) Adjusted1 net income of $192 million (adjusted1 EPS of $0.10) Free cash flow1 usage of $424
Slide 4: Segmented results
Segmented results Three-month periods ended June 30 (in millions of dollars) 2014 2013 Revenues Aerospace 2,512 2,255 © Bombardier Inc. or its subsidiaries. All rights reserved. Transportation 2,379 2,175 Total – Revenues 4,891 4,430 EBIT before special items1 Aerospace 141 5.6% 107 4.7% Transportat
Slide 5: Financial results overview
Financial results overview Three-month periods ended June 30 (in millions of dollars, except per share amounts) 2014 2013 Revenues 4,891 4,430 © Bombardier Inc. or its subsidiaries. All rights reserved. EBIT before special items1 257 257 Special items - (31) EBIT 257 288 Net financing expense 41 36
Slide 6: Free cash flow and liquidity
Free cash flow and liquidity Three-month periods ended June 30 (in millions of dollars) 2014 2013 Aerospace © Bombardier Inc. or its subsidiaries. All rights reserved. Cash flows from operating activities 146 75 Net additions to PPE & intangible assets (509) (534) Total Aerospace (363) (459) Transpo
Slide 7: Affirming our guidance for 2014
Affirming our guidance for 2014 Aerospace1 Transportation1 EBIT margin of © Bombardier Inc. or its subsidiaries. All rights reserved. approximately 5% EBIT margin of Cash flows from operating approximately 6% activities between $1.2 billion and $1.6 billion Free cash flow2 generally in line with EBI
Slide 8: Our strong growth story is taking shape – all the elements are in place
Our strong growth story is taking shape – all the elements are in place Our continued investments in new products position us well for the years © Bombardier Inc. or its subsidiaries. All rights reserved. to come The order backlog of $75.7 billion sets the stage for strong revenue growth over a five
Slide 9: Non-GAAP financial measures
Non-GAAP financial measures © Bombardier Inc. or its subsidiaries. All rights reserved. CAUTION REGARDING NON-GAAP FINANCIAL MEASURES This presentation is based on reported earnings in accordance with International Financial Reporting Standards (IFRS). Reference to generally accepted accounting prin