Bombardier Inc. Class A · TSX:BBD.A
Bombardier Inc. Class A — Q2 FY2011 Earnings Presentation
9 slides from Bombardier Inc. Class A's earnings presentation, Sep 1, 2010
Slide 1: Second quarter results – fiscal year 2011
Second quarter results – fiscal year 2011 Presentation to investors, financial analysts and media September 1, 2010
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 ours objectives, targets, goals, priorities and strategies, financial position, beliefs, prospects, plans, expectations, anticipations, estimate
Slide 3: Overview
Overview Revenues at $4.1 billion vs $4.9 billion last year Net income of $148 million (diluted EPS of $0.08) compared to $202 million (diluted EPS of $0.11) last year Free cash flow usage of $508 million compared to a free cash flow of $18 million last year High order intake at Transportati
Slide 4: Segmented information – Aerospace
Segmented information – Aerospace Q2 Q2 (In millions of U.S. dollars) F2010-11 F2009-10 Revenues Manufacturing 1,367 1,891 Services 399 344 Other 196 164 Total 1,962 2,399 EBITDA 161 8.2% 247 10.3% Amortization 70 93 EBIT 91 4.6% 154 6.4% 4
Slide 5: Segmented information – Transportation
Segmented information – Transportation Q2 Q2 (In millions of U.S. dollars) F2010-11 F2009-10 Revenues Rolling stock 1,471 1,851 Services 300 364 System and signalling 346 332 Total 2,117 2,547 EBITDA 170 8.0% 189 7.4% Amortization 30 30 EBIT 140 6.6% 159 6.2% 5
Slide 6: Financial results overview
Financial results overview (In millions of U.S. dollars, except Q2 Q2 per share amounts) F2010-11 F2009-10 Revenues 4,079 4,946 EBIT 231 313 Financing expense, net 44 49 EBT 187 264 Income taxes 39 62 Net income 148 202 EPS (basic and diluted) 0.08 0.11 6
Slide 7: Free cash flow
Free cash flow Q2 Q2 (In millions of U.S. dollars) F2010-11 F2009-10 Aerospace (287) (10) Transportation (132) 149 Interest and taxes (89) (121) Total (508) 18 7
Slide 8: Conclusion
Conclusion New product developments on track Both groups focused on managing their costs Focus on improving cash flow generation Strong backlog at $47.4 billion Long-term prospects remain strong 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