Bombardier Inc. Class A · TSX:BBD.A
Bombardier Inc. Class A — Q2 F2010 Earnings Presentation
9 slides from Bombardier Inc. Class A's earnings presentation, Sep 2, 2009
Slide 1: Second quarter results – F2009-10
Second quarter results – F2009-10 Presentation to investors, financial analysts and media September 2, 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 $4.9 billion, in line with last fiscal year Net income of $202 million ($0.11 per share) Positive free cash flow of $18 million Solid cash position at $2.8 billion Strong backlog at $47.5 billion 3
Slide 4: Segmented information – Aerospace
Segmented information – Aerospace Q2 Q2 (In millions of U.S. dollars) F2009-10 F2008-09 Revenues Manufacturing 1,891 2,049 Services 344 424 Other 164 43 Total 2,399 2,516 EBITDA 247 10.3% 348 13.8% Amortization 93 105 EBIT 154 6.4% 243 9.7% 4
Slide 5: Segmented information – Transportation
Segmented information – Transportation Q2 Q2 (In millions of U.S. dollars) F2009-10 F2008-09 Revenues Rolling stock 1,851 1,706 Services 364 381 System and signalling 332 329 Total 2,547 2,416 EBITDA 189 7.4% 160 6.6% Amortization 30 32 EBIT 159 6.2% 128 5.3% 5
Slide 6: Financial results overview
Financial results overview (In millions of U.S. dollars, except Q2 Q2 per share amounts) F2009-10 F2008-09 Revenues 4,946 4,932 EBIT 313 371 Financing expense, net 49 36 EBT 264 335 Income taxes 62 76 Net income 202 259 EPS (basic and diluted) 0.11 0.14 6
Slide 7: Free cash flow
Free cash flow Q2 Q2 (In millions of U.S. dollars) F2009-10 F2008-09 Aerospace (10) 100 Transportation 149 105 Interest and taxes (121) (106) Total 18 99 7
Slide 8: Conclusion
Conclusion Both groups focused on reducing costs and improving free cash flow Transportation’s fundamentals remain strong Solid cash position at $2.8 billion Strong backlog at $47.5 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