11 slides from Bombardier Inc. Class A's earnings presentation, Nov 2, 2017
Slide 1: Financial Results for the Third Quarter of 2017
FINANCIAL RESULTS FOR THE THIRD QUARTER OF 2017 NOVEMBER 2, 2017 STAKEHOLDERS PRESENTATION
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 Bombardier Inc. (the “Corporation”)’s objectives, guidance, targets, goals, priorities, market and strategies, financial position,
Slide 3: Delivering Earnings Power: Key Highlights
DELIVERING EARNINGS POWER KEY HIGHLIGHTS Q3 EBIT1,2 margins of at least 8.5% at BT, BBA and BAES Trending to high end of EBIT1,2 guidance $630M + Airbus Partnership will unlock C Series full potential Commercial momentum: LOI for up to 61 C Series 4th Global 7000 FTV in flight testing Note 1: Non-GA
Slide 4: Results on Track with Turnaround Plan
RESULTS ON TRACK WITH TURNAROUND PLAN Q3 2016 Q3 2017 HIGHLIGHTS 20% growth at BT REVENUES $3.7B $3.8B 31 deliveries in BBA 16 deliveries in BCA, including 5 C Series Margin2 expansion across business units: EBIT ➢ BT at 8.5% before special items1 $87M $165M ➢ BBA at 8.8% ➢ BAES at 9.3% Hi
Slide 5: Strong Financial Performance Across All Segments
STRONG FINANCIAL PERFORMANCE ACROSS ALL SEGMENTS Q3 1,2 REVENUES EBIT EBIT % 1,2 HIGHLIGHTS Revenues increased 20% YoY, 17% excl. FX 2017 $2.1B $181M 8.5% 30% EBIT1,2 growth YoY BT Higher-margin systems revenues ➢ 2016 $1.8B $140M 7.9% ➢ Strong JVs On track to reach ~8.0% EBIT1,2 guidance 96
Slide 6: On Track to Deliver Turnaround Plan
ON TRACK TO DELIVER TURNAROUND PLAN DEMONSTRATED ABILITY TO REDUCE COSTS, TO IMPROVE PRODUCTIVITY AND TO GROW MARGINS EXECUTING GROWTH PROGRAMS AND PROJECTS UNLEASHING VALUE OF OUR PORTFOLIO THROUGH STRATEGIC ACTIONS 5 5
Slide 7: Bombardier
BOMBARDIER
Slide 8: Global 7000 and Global 8000 Aircraft Program Disclaimer
GLOBAL 7000 AND GLOBAL 8000 AIRCRAFT PROGRAM DISCLAIMER The Global 7000 and Global 8000 aircraft program is currently in development, and as such is subject to changes in family strategy, branding, capacity, performance, design and/or systems. All specifications and data are approximate, may change
Slide 9: Reconciliation of Segment to Consolidated Results
RECONCILIATION OF SEGMENT TO CONSOLIDATED RESULTS Note 1: See Caution regarding non-GAAP measures at page 7 of this presentation. Also refer to the Consolidated results of operations section in our Third Quarterly Report ended September 30, 2017 for details regarding special items.. 8
Slide 10: Reconciliation of Non-GAAP Measures
RECONCILIATION OF NON-GAAP MEASURES Note 1: See Caution regarding non-GAAP measures at page 7 of this presentation. Also refer to the Consolidated results of operations section in our Third Quarterly Report ended September 30, 2017 for details regarding special items.. 9
Slide 11: Reconciliation of Adjusted Net Income (Loss) to Net Loss and Computation of Adjusted EPS
RECONCILIATION OF ADJUSTED NET INCOME (LOSS) TO NET LOSS AND COMPUTATION OF ADJUSTED EPS Note 1: See Caution regarding non-GAAP measures at page 7 of this presentation. Also refer to the Consolidated results of operations section in our Third Quarterly Report ended September 30, 2017 for details reg