Bombardier Inc (TSX:BBD.PR.C.PFD)
C$ 23.46 +0.010 (+0.04%) Market Cap: - Enterprise Value: 5.05 Bil PE Ratio: 43.28 PB Ratio: 0 GF Score: 67/100

Q4 2024 Bombardier Inc Earnings Call Transcript

Feb 06, 2025 / 01:00PM GMT
Release Date Price: C$21.5

Key Points

Positve
  • Bombardier Inc (BDRAF) achieved $2 billion in service revenue a year ahead of schedule, doubling the business in less than five years.
  • The company reported a 15.7% adjusted EBITDA margin for 2024, with a significant increase in profitability metrics.
  • Bombardier Inc (BDRAF) reduced its net leverage to 2.9 times, achieving its target a year early.
  • The company saw an 8% year-over-year increase in total revenue, reaching $8.7 billion, surpassing its guidance range.
  • Bombardier Inc (BDRAF) maintained a strong order backlog of $14.4 billion, reflecting a solid demand for its products and services.
Negative
  • The threat of tariffs has created uncertainty, preventing Bombardier Inc (BDRAF) from providing guidance for 2025.
  • Supply chain pressures and cost headwinds have increased, causing missed deliveries and a 50 basis point drag on EBITDA margins.
  • The company faces potential challenges from geopolitical factors, particularly related to US tariffs.
  • There is a risk of prolonged tariff impacts, which could affect Bombardier Inc (BDRAF)'s financial performance and delivery schedules.
  • Despite strong performance, the company acknowledges ongoing macroeconomic uncertainties that could impact future operations.
Operator

Good morning, ladies and gentlemen, and welcome to the Bombardier Fourth Quarter and Full Year Ended December 31, 2024. Please be advised that this call is being recorded. At this time, I'd like to turn the discussion over to Mr. Francis Richer de La Fleche, Vice President, FP&A and Investor Relations for Bombardier. Please go ahead, sir.

Francis De La Fleche
Bombardier Inc - Vice President, Financial Planning and Investor Relations

Good morning, everyone, and welcome to Bombardier's earnings call for the fourth quarter and full year ended December 31, 2024. I wish to remind you that during the course of this call, we may make projections or other forward-looking statements regarding future events or the financial performance of the corporation.

There are risks that actual events or results may differ materially from these statements. For additional information on forward-looking statements and underlying assumptions, please refer to the MD&A. I'm making this cautionary statement on behalf of each speaker on this call.

With me today

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot