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Aircraft and industry. Bombardier: first quarter results plunge by 26%

Washington, USA - Solid catalogue and many orders, but the company decreases incomes

Yesterday May 10, 2012, Bombardier released its financial results for the first quarter ended March 31. Data reveal that Bombardier profits dropped by 26%. Revenues totalled $3.5 billion, compared to $4.7 billion last fiscal year. Earnings before financing expense, financing income and income taxes (EBIT) amounted to $215 million, compared to $312 million last fiscal year, representing an EBIT margin...

AVIONEWS - World Aeronautical Press Agency - 1140519

AVIONEWS - World Aeronautical Press Agency
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