Report
Chris Higgins
EUR 100.00 For Business Accounts Only

Bombardier Tries to Soothe the Market at Its Investor Day

Bombardier’s stock has dropped nearly 50% over the past three months due to weak cash flows for 2018 and 2019. At its investor day, management sought to alleviate concerns by confirming its 2020 targets, and it showed normalized cash flow metrics in an attempt to demonstrate that it remains on track. For all the focus on transportation's working capital, we think most of the risk sits in the business aircraft now due to the Global 7500 ramp. And debt maturities in 2020 and 2021 mean management d...
Underlying
Bombardier Inc. Class B

Bombardier is a manufacturer of transportation equipment. Co. carries out its operations in four segments. Aircraft is engaged in the design, manufacture and aftermarket support for three families of business jets (Learjet, Challenger and Global). Commercial Aircraft designs and manufactures commercial aircraft in the 60- to 150-seat categories and provides aftermarket support for these aircraft as well as for the 20- to 59-seat range category. Aerostructures and Engineering Services designs and manufactures aircraft structural components and provides aftermarket component repair and overhaul. Transportation delivers products and services in sustainable mobility.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Chris Higgins

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