Bombardier Inc. Class A · TSX:BBD.A
Bombardier Inc. Class A — Q1 2013 Earnings Presentation
10 slides from Bombardier Inc. Class A's earnings presentation, May 9, 2013
Slide 1: Financial Results for the First Quarter Ended March 31, 2013
FINANCIAL RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2013 PRESENTATION TO INVESTORS, FINANCIAL ANALYSTS AND MEDIA MAY 9, 2013
Slide 2: Forward-looking statement
Forward-looking statement This presentation includes forward-looking statements, which may involve, but are not limited to: statements with respect to our objectives, guidance, targets, goals, priorities, our market and strategies, financial position, beliefs, prospects, plans, expectations, anticip
Slide 3: Good first quarter in line with our guidance
Good first quarter in line with our guidance REVENUES Increase of 25% in revenues $4.3 B EBIT of $240 million or 5.5% of revenues Adjusted1 net income of $156 million (adjusted1 EPS of $0.08) ADJUSTED1 Free cash flow1 usage of $590 million EPS Strong liquidity of $5.1 billion2 Backlog of $63.0 billi
Slide 4: Segmented results
Segmented results FIRST QUARTERS ENDED (in millions of dollars) MARCH 31, 2013 MARCH 31, 2012 REVENUES AEROSPACE 2,258 1,499 TRANSPORTATION 2,081 1,982 TOTAL – REVENUES 4,339 3,481 EBIT before special items1 AEROSPACE 101 4.5% 66 4.4% TRANSPORTATION 139 6.7% 122 6.2% TOTAL – EBIT before special item
Slide 5: Financial results overview
Financial results overview FIRST QUARTERS ENDED (in millions of dollars, except per share amounts) MARCH 31, 2013 MARCH 31, 2012 REVENUES 4,339 3,481 EBIT before special items1 240 188 Special items - (23) EBIT 240 211 NET FINANCING EXPENSE 35 37 EBT 205 174 INCOME TAXES 57 19 NET INCOME 148 155 Dil
Slide 6: Free cash flow
Free cash flow FIRST QUARTERS ENDED (in millions of dollars) MARCH 31, 2013 MARCH 31, 2012 AEROSPACE Cash flows from operating activities 42 (200) Net additions to PPE & intangible assets (503) (372) TOTAL AEROSPACE (461) (572) TRANSPORTATION (73) (85) INTEREST AND TAXES (56) (38) FREE CASH FLOW USA
Slide 7: Affirming our guidance for 2013
Affirming our guidance for 2013 Aerospace Deliveries of approximately 190 business and 55 commercial aircraft EBIT margin at approximately the same level as last year Cash flow from operating activities at approximately $1.4B, while investment in new programs to be approximately $2B Transportation R
Slide 8: Outlook for 2014
Outlook for 2014 Aerospace Transportation EBIT before special items1 EBIT before special items1 (For the fiscal years ended) (For the fiscal years ended) Canadian IFRS GAAP Canadian Dilutive effect from IFRS the EIS of the GAAP CSeries 8.0% EBIT 7.2% 7.2% 2.0% 6.2% 5.5% 5.6% 4.5% 9.0% 4.0% Improved
Slide 9: We are well positioned for growth
We are well positioned for growth Strong backlog of $63 billion representing well over three years of revenues State-of-the-art products coming into service in the next few years First flight of CSeries in June 2013 9
Slide 10: Non-GAAP financial measures
Non-GAAP financial measures CAUTION REGARDING NON-GAAP FINANCIAL MEASURES This presentation is based on reported earnings in accordance with IFRS and on non-GAAP financial measures including EBIT before special items, EBIT margin before special items, adjusted net income, adjusted earnings per share