- Bombardier (TSX:BBD) announced impressive financial results for its Q1 2025, showing significant year-over-year growth across key metrics
- Revenues surged by 19 per cent year-over-year, reaching C$1.5 billion, driven by three additional aircraft deliveries and a steady increase in services revenue
- Bombardier has provided strong guidance for 2025, anticipating higher year-over-year growth in both top and bottom-line metrics
- Bombardier stock (TSX:BBD) last traded at C$82.78
Bombardier (TSX:BBD) announced impressive financial results for its fiscal Q1 2025, showing significant year-over-year growth across key metrics and providing a strong outlook for the remainder of the year.
Financial highlights
- Revenues: Bombardier’s revenues surged by 19 per cent year-over-year, reaching C$1.5 billion. This growth was driven by three additional aircraft deliveries and a steady increase in services revenue, which climbed to C$495 million.
- Adjusted EBITDA: The company recorded a 21 per cent year-over-year increase in adjusted EBITDA, amounting to C$248 million, with an adjusted EBITDA margin of 16.3 per cent.
- Reported EBIT: EBIT for the quarter stood at C$177 million.
- Net income: Net income was reported at C$44 million, while adjusted net income reached $68 million.
- Earnings per share (EPS): Diluted EPS was $0.37, and adjusted EPS saw a remarkable 69 per cent year-over-year increase, rising from $0.36 to $0.61.
Cash flow and liquidity
- Free cash flow: The company reported a free cash flow usage of C$304 million, marking a 21 per cent improvement compared to Q1 2024. This includes cash flow usage from operating activities and net additions to property, plant, and equipment (PP&E) and intangible assets, which were C$271 million and $33 million, respectively.
- Backlog: As of March 31, 2025, Bombardier’s backlog stood at C$14.2 billion, with a unit book-to-bill ratio of 0.9.
- Liquidity: The company’s available liquidity remained robust at C$1.4 billion, with cash and cash equivalents totaling C$1.0 billion.
2025 guidance
Looking ahead, Bombardier has provided strong guidance for 2025, anticipating higher year-over-year growth in both top and bottom-line metrics. The corporation projects significant growth in free cash flow, underscoring its confidence in another successful year.
Management commentary
“Over the last five years, we took proactive and necessary steps to address our balance sheet, our revenue streams, as well as supply chain pressure,” Éric Martel, Bombardier’s president and chief executive officer stated in a media release. “The foundations we have laid allow us today not only to face uncertainty with calm and confidence, but also to consider the opportunities that may arise from it. Bombardier today is well positioned to carry forward our momentum.”
About Bombardier
Bombardier designs, builds, modifies and maintains a line of jets for individuals, businesses, governments and militaries around the world. The company’s customers operate a fleet of more than 5,100 aircraft supported by 10 service facilities across six countries. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico.
Bombardier stock (TSX:BBD) last traded at C$82.78 and has risen 16.31 per cent since this time last year.
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