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Bombardier collapses in the Stock Exchange after cutting annual estimates

Budget forecasts for the quarterly report marked a sharp reduction in revenues

After the release of the preliminary results for the first quarter of 2019, yesterday the Bombardier stock collapsed on the Stock Exchange, losing 18% of its value compared to the opening. The reason is due to the fact that the Canadian aerospace and transport company has cut expectations for the whole year, due to the expected revenues which are down 11% annually, which will turn into a 5% contraction...

M/A - 1221141
Toronto, Ontario, Canada, 04/26/2019 09:53
AVIONEWS - World Aeronautical Press Agency

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