370 0 Kommentare Bombardier to Outline Strategic and Transformation Objectives Through 2020 - Seite 2

Senior Vice President and
Chief Procurement Officer Financial Performance Roadmap John Di Bert
Senior Vice President and
Chief Financial Officer 9:45 to 10:15 a.m. Break 10:15 a.m. to 12:30 p.m. Business Aircraft David Coleal
President, Business Aircraft Commercial Aircraft Fred Cromer
President, Commercial Aircraft Aerostructures Jean Séguin
President, Aerostructures and
Engineering Services Transportation Lutz Bertling
President, Transportation

As is its usual practice, Bombardier will provide its official guidance for the fiscal year ending December 31, 2016 during its Q4 2015 earnings conference call to be held in February 2016. However, as the Corporation continues to complete its assessment in preparation for its 2016 guidance, Bombardier is hereby providing directional indicators reflecting its initial view of the respective areas of performance for the 2016 fiscal year in relation to the fiscal year ending December 31, 2015.

In short, 2016 will be a year of transition:

Bombardier expects its liquidity position to be strong, driven by the previously announced investments from the Caisse de dépôt et placement du Québec (CDPQ) in Bombardier Transportation and from the Government of Québec in the C Series program, in each case once completed upon satisfaction of their respective conditions to completion;
cash usage is expected to improve as a result of Bombardier Transportation deliveries and the previously announced reset of the production rate for the Global 5000 and Global 6000 aircraft;
the reset of the Global 5000 and Global 6000 production rates will be driving revenue down;
EBIT will be lower due to these same factors as well as from the C Series program ramp-up;
2016 will also be a year of disciplined execution of the Bombardier transformation plan and of its aerospace programs, positioning the Corporation well to gradually rebuild earnings and cash flow towards its 2018 and 2020 objectives, as outlined in the presentation materials posted on Bombardier's website today.