Bombardier Inc. Class A · TSX:BBD.A
Bombardier Inc. Class A — Q3 2011 Earnings Presentation
10 slides from Bombardier Inc. Class A's earnings presentation, Dec 1, 2011
Slide 1: Third quarter results – three months ended October 31, 2011
Third quarter results – three months ended October 31, 2011 Presentation to investors, financial analysts and media December 1, 2011
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: Strong performance by both groups in Q3
Strong performance by both groups in Q3 Revenues increased by 16% at $4.6 billion Strong EBIT margin in both groups Net income of $192 million (EPS of $0.11) compared to a net income of $147 million last year (EPS of $0.08) Free cash flow usage of $346 million compared to a free cash flow usage of $
Slide 4: Segmented information – Aerospace
Segmented information – Aerospace (In millions of U.S. dollars) For the three-month periods ended October 31 2011 % 2010 % Revenues Manufacturing 1,765 1,367 Services 410 376 Other 130 86 Total revenues 2,305 1,829 EBITDA 186 8.1 160 8.7 Amortization 57 62 EBIT 129 5.6 98 5.4 4
Slide 5: Segmented information – Transportation
Segmented information – Transportation (In millions of U.S. dollars) For the three-month periods ended October 31 2011 % 2010 % Revenues Rolling stock 1,573 1,535 Services 387 317 System and signalling 358 316 Total revenues 2,318 2,168 EBITDA 208 9.0 183 8.4 Amortization 36 31 EBIT 172 7.4 152 7.0
Slide 6: Financial results overview
Financial results overview (In millions of U.S. dollars, except For the three-month periods ended October 31 per share amounts) 2011 % 2010 % Revenues 4,623 3,997 EBIT 301 6.5 250 6.3 Financing expense, net 58 61 EBT 243 189 Income taxes 51 42 Net income 192 147 Diluted EPS (in dollars) 0.11 0.08 6
Slide 7: Free cash flow
Free cash flow For the three-month periods For the nine-month periods (In millions of U.S. dollars) ended October 31 ended October 31 2011 2010 2011 2010 Aerospace Cash flows from 409 18 425 (32) operating activities Net additions to PPE & intangible assets (356) (227) (988) (725) Total Aerospace 53
Slide 8: Change of year-end
Change of year-end Board of directors approved the change of financial year-end from January 31 to December 31 Effective December 31, 2011 No impact on Bombardier Transportation Fourth quarter for Bombardier Aerospace will include only two months Expected issuance date of next quarterly results: Q4
Slide 9: Conclusion
Conclusion Large backlog at $55.3 billion giving us great visibility on revenues for the next few years Both groups have a strong portfolio of state-of-the-art products We continue to focus on execution Well positioned for the future 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 the following non- GAAP financial measures: EBITDA and Free Cash Flow. These non-GAAP measures are mainly derived from the consolidated financial s