Bombardier Inc. Class A · TSX:BBD.A
Bombardier Inc. Class A — Q3 2015 Earnings Presentation
14 slides from Bombardier Inc. Class A's earnings presentation, Oct 29, 2015
Slide 1: Financial Results for the Third Quarter Ended September 30, 2015
FINANCIAL RESULTS © Bombardier Inc. or its subsidiaries. All rights reserved. FOR THE THIRD QUARTER ENDED SEPTEMBER 30, 2015 PRIVATE AND CONFIDENTIAL Stakeholder presentation October 29, 2015
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 the Corporation’s objectives, guidance, targets, goals, priorities, market and strategies, financial position, beliefs, prospects, plans, expectatio
Slide 3: Leadership team
Leadership team Alain Bellemare President & Chief Executive Officer Bombardier Inc. rights reserved. reserved. John Di Bert Lutz Bertling Sylvain Lévesque All rights Senior Vice-President & CFO PRIVATE AND CONFIDENTIAL President Vice-President Finance, Treasury & Pension Bombardier Transportation Co
Slide 4: Financial Results for the Third Quarter Ended September 30, 2015
FINANCIAL RESULTS FOR THE THIRD © Bombardier Inc. or its subsidiaries. All rights reserved. QUARTER ENDED SEPTEMBER 30, 2015 PRIVATE AND CONFIDENTIAL Alain Bellemare President & Chief Executive Officer Bombardier Inc.
Slide 5: Q3 2015 Performance Highlights
Q3 2015 Performance Highlights REVENUE TRANSPORTATION Translation Currency Impact at ($302M) COMMERCIAL AIRCRAFT Lower Regional Jet Deliveries $4.1 B DELIVERY GUIDANCE Reaffirm ~ 290 Aircraft Deliveries for 2015 rights reserved. All rights reserved. PRIVATE AND CONFIDENTIAL subsidiaries. All TRANSPO
Slide 6: Special items - Q3 2015
Special items - Q3 2015 C Series Aircraft Program Impairment and Other $3.2B Charges Following Completion of an In-depth Review rights reserved. All rights reserved. PRIVATE AND CONFIDENTIAL subsidiaries. All its subsidiaries. $1.2B Learjet 85 Cancellation Bombardier Inc. © Bombardier or its Inc. or
Slide 7: Partnership on the C Series program
Partnership on the C Series program rights reserved. All rights reserved. Partnership contributing to the commercial success of PRIVATE AND CONFIDENTIAL subsidiaries. All the C Series program: its subsidiaries. § Newly created partnership: 49.5% (Québec), 50.5% (Bombardier) or its Inc. or Bombardier
Slide 8: Free Cash Flow Performance Year-to-Date
Free Cash Flow Performance Year-to-Date Change in liquidity (in billions of dollars) Impacted by our decision to lower production rate on Global 5000/6000 rights reserved. reserved. $(0.8) $3.0 Repayments of All rights $(1.3) PRIVATE AND CONFIDENTIAL long-term debt subsidiaries. All Available $3.8 C
Slide 9: Strong liquidity going forward
Strong liquidity going forward Pro forma liquidity position following strategic initiatives (in billions of dollars) rights reserved. reserved. $1.0 ~ $5.0 BT ~ $4.0 All rights minority PRIVATE AND CONFIDENTIAL Available $3.7 Québec placement subsidiaries. All revolving its subsidiaries. Positive In
Slide 10: 2015 Outlook
2015 Outlook Prior (July) Current (October) Business Aircraft EBIT1 Margin Between 5% and 6% Between 5% and 6% Aerostructures EBIT1 Margin ~ 6% ~ 6% rights reserved. reserved. Transportation EBIT1 Margin > 5.5% > 5.5% Commercial Aircraft EBIT1 ~ ($200M) ~ ($200M) All rights PRIVATE AND CONFIDENTIAL
Slide 11: Bombardier Transformation Plan
Bombardier Transformation Plan MISSION Strengthen Performance to Enhance Cash and Margin Growth rights reserved. All rights reserved. PRIVATE AND CONFIDENTIAL subsidiaries. All its subsidiaries. PERFORMANCE CASH EARNINGS or its Inc. or ▪ Complete C Series/Global Development ▪ Working capital product
Slide 12: Q&A
12 Q&A PRIVATE AND CONFIDENTIAL © © Bombardier Bombardier Inc. Inc. or or its its subsidiaries. subsidiaries. All All rights rights reserved. reserved.
Slide 13: Aircraft Program Disclaimer
AIRCRAFT PROGRAM DISCLAIMER The C Series family of aircraft, Global 7000 and Global 8000 aircraft and Challenger 650 aircraft programs are currently in development, and as such are subject to changes in family strategy, branding, capacity, performance, design and/or systems. All specifications and d
Slide 14: Private and Confidential
PRIVATE AND CONFIDENTIAL © Bombardier Inc. or its subsidiaries. All rights reserved.