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Bombardier posts adjusted $172 million loss in Q4

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Christian Fernsby ▼ | February 13, 2020
Adjusted net loss was $172 million compared to profit of $149 million.
Bombardier   Adjusted EBITDA declined year on year to $63 million
Adjusted EBITDA declined year on year to $63 million from $370 million.

Topics: Bombardier

Fourth quarter revenues were down 2% to $4.20 billion from $4.30 billion, previous year.

For fiscal 2020, revenues from sustaining business aircraft and Transportation activities are expected to grow organically by double digit percentage.

Adjusted EBITDA and adjusted EBIT are expected to increase to approximately 7.0% and 3.5% respectively, for the fiscal year.

Free cash flow is expected to be positive in 2020, excluding Credit and RVG payments.