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Bombardier Achieves Fourth Year of Growth with Strong 2024 Results

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Bombardier Achieves Fourth Year of Growth with Strong 2024 Results

Bombardier ( ($TSE:BBD.B) ) just unveiled an announcement.

Bombardier has posted its fourth consecutive year of growth and solid financial performance, with revenues reaching $8.7 billion and a record service performance of over $2 billion. The company delivered 146 aircraft and achieved a significant adjusted EBITDA increase of 11% to $1.36 billion. Despite achieving a net leverage ratio of 2.9x and strong operational metrics, Bombardier has decided to defer providing 2025 guidance due to new tariff-related uncertainties stemming from recent U.S. executive orders.

More about Bombardier

Bombardier Inc. is a leading company in the aerospace industry, primarily known for manufacturing business jets and offering aviation services. The company focuses on delivering high-quality aircraft and enhanced customer services, positioning itself as a key player in the global aviation market.

YTD Price Performance: -11.88%

Average Trading Volume: 33,274

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $5.93B

For detailed information about BBD.B stock, go to TipRanks’ Stock Analysis page.

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