Bombardier Inc. Class A · TSX:BBD.A
Bombardier Inc. Class A — Q1 F2009-10 Earnings Presentation
9 slides from Bombardier Inc. Class A's earnings presentation, Jun 3, 2009
Slide 1: First quarter results – F2009-10
First quarter results – F2009-10 Presentation to investors, financial analysts and media June 3, 2009
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”, the negative of thes
Slide 3: Overview
Overview Good overall performance considering the current environment Revenues of $4.5 billion, compared to $4.8 billion last year Net income of $158 million ($0.09 per share) Free cash flow usage of $817 million mainly due to: Negative order intake at Business aircraft Deferrals in both
Slide 4: Segmented information – Aerospace
Segmented information – Aerospace Q1 Q1 (In millions of U.S. dollars) F2009-10 F2008-09 Revenues Manufacturing 1,863 1,887 Services 329 420 Other 27 73 Total 2,219 2,380 EBITDA 204 9.2% 311 13.1% Amortization 94 105 EBIT 110 5.0% 206 8.7% 4
Slide 5: Segmented information – Transportation
Segmented information – Transportation Q1 Q1 (In millions of U.S. dollars) F2009-10 F2008-09 Revenues Rolling stock 1,647 1,458 Services 335 417 System and signalling 270 534 Total 2,252 2,409 EBITDA 151 6.7% 153 6.4% Amortization 26 35 EBIT 125 5.6% 118 4.9% 5
Slide 6: Financial results overview
Financial results overview (In millions of U.S. dollars, except Q1 Q1 per share amounts) F2009-10 F2008-09 Revenues 4,471 4,789 EBIT 235 324 Financing expense, net 33 21 EBT 202 303 Income taxes 44 74 Net income 158 229 Diluted EPS 0.09 0.12 6
Slide 7: Free cash flow
Free cash flow Q1 Q1 (In millions of U.S. dollars) F2009-10 F2008-09 Aerospace (530) 290 Transportation (260) 258 Interest and taxes (27) 12 Total (817) 560 7
Slide 8: Conclusion
Conclusion Aerospace continues to perform in a very challenging environment Transportation’s fundamentals remain strong and the recession is not expected to have a major impact Free cash flow should gradually recover Solid cash position at $2.7 billion Strong backlog at $47.4 billion 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, and Free Cash Flow. These non-GAAP measures are directly derived from the Consolidated Financial State