Bombardier Inc. Class A · TSX:BBD.A
Bombardier Inc. Class A — Q1 2025 Earnings Presentation
15 slides from Bombardier Inc. Class A's earnings presentation, May 1, 2025
Slide 1: Financial Results for the first quarter ended March 31st, 2025
Financial Results For the first quarter ended March 31st, 2025 May 1st, 2025
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 March 31st Revenues Revenues Breakdown Aircraft Deliveries Manufacturing and Services2 Large Medium Other1 $1.5B $1,522M 23 $1.3B $1,281M 20 12 $1,027M 12 67% $804M 63% 11 $495M 8 $477M 33% 37% Q1 2024 Q1 2025 Q1 2024 Q1 2025 Q1 2024 Q1 2025 Notes: Chart da
Slide 4: Earnings
Earnings For the three-month periods ended March 31st Adjusted EBITDA1 Adjusted EBIT1 Reported EBIT Adjusted EBITDA margin2 Adjusted EBIT margin2 Reported EBIT margin3 $177M $177M $248M 11.6% $142M 11.6% $144M $205M 16.3% 11.1% 11.2% 16.0% Q1 2024 Q1 2025 Q1 2024 Q1 2025 Q1 2024 Q1 2025 Notes: Chart
Slide 5: Adjusted net income, Adjusted EPS and Free cash flow (usage)
Adjusted net income, Adjusted EPS and Free cash flow (usage) For the three-month periods ended March 31st Adjusted net income1 Adjusted EPS2 FCF(usage)1 $68M $0.61 $44M $0.36 $(304)M $(387)M Q1 2024 Q1 2025 Q1 2024 Q1 2025 Q1 2024 Q1 2025 Notes: Chart data may not be to scale. 1. Non-GAAP financial
Slide 6: Net income and Diluted EPS
Net income and Diluted EPS For the three-month periods ended March 31st Net income1 Diluted EPS1 $1.02 $110M $44M $0.37 Q1 2024 Q1 2025 Q1 2024 Q1 2025 Notes: Chart data may not be to scale. 1. Only from continuing operations. 6
Slide 7: 2025 Guidance
2025 Guidance 2024 2025 Results Guidance(1) Aircraft deliveries (in units) 146 > 150 Revenues $8.67 billion > 9.25 billion Adjusted EBITDA(2) $1.36 billion > $1.55 billion Adjusted EBITDA margin(3) 15.7% $1,545M 75% Adjusted EBIT(2) $1,442M $915 million 78% > $1.00 billion Adjusted EBIT margin(3) 10
Slide 8: Appendix
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Slide 9: Financial performance
Financial performance For the three-month periods ended March 31st 2025 2024 Variance Revenues $1,522 $1,281 19% (1) Adjusted EBITDA $248 $205 21% Adjusted EBITDA margin(2) 16.3% 16.0% 30 bps Adjusted EBIT(1) $177 $142 25% Adjusted EBIT margin(2) 11.6% 11.1% 50 bps EBIT $177 $144 23% EBIT margin(3)
Slide 10: Caution regarding non-GAAP and other financial measures
Caution regarding non-GAAP and other financial measures Non-GAAP Financial Measures EBIT excluding certain items which do not reflect the Corporation’s core performance or where their separate presentation will assist users of the consolidated financial statements in understanding the Corporation’s
Slide 11: 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 12: Caution regarding non-GAAP and other financial measures
Caution regarding non-GAAP and other financial measures Adjusted EBIT margin Adjusted EBIT margin is defined as the adjusted EBIT expressed as a percentage of total revenues. Management uses adjusted EBIT margin for purposes of evaluating underlying business performance. Management believes this non
Slide 13: Reconciliation of non-GAAP and other financial measures
Reconciliation of non-GAAP and other financial measures Reconciliation of adjusted EBIT to EBIT and computation of adjusted EBIT margin Three-month periods ended March 31 2025 2024 EBIT $ 177 $ 144 Restructuring charges (reversals)(1) — (1) Impairment and program termination (reversals)(2) — (1) Adj
Slide 14: Reconciliation of non-GAAP and other financial measures
Reconciliation of non-GAAP and other financial measures Reconciliation of adjusted net income to net income and computation of adjusted EPS Three-month periods ended March 31 2025 2024 (per share) (per share) Net income from continuing operations $ 44 $ 110 Adjustments to EBIT related to: Restructur
Slide 15: Reconciliation of non-GAAP and other financial measures
Reconciliation of non-GAAP and other financial measures Reconciliation of adjusted EPS to diluted EPS (in dollars) Three-month periods ended March 31 2025 2024 Diluted EPS from continuing operations $ 0.37 $ 1.02 Impact of adjustments to EBIT related to: Restructuring charges (reversals)(1) 0.00 (0.