Bombardier Reports First Quarter 2021 Financial Results, Affirms Full Year Financial Guidance and Delivery Outlook
Business jet revenues of $1.3 billion, up 18% year-over-year, mainly driven by a favourable mix of large-cabin aircraft deliveries, including eight
Global 7500
Global 7500
(
) from continuing operations of $29 million. Reported EBIT from continuing operations for the quarter was $19 million
Free cash flow usage
~ $100 million of non-recurring cash items
(
)
, an improvement of $357 million year-over-year. Reported cash flows from operating activities – continuing operations for the quarter was a usage of $372 million and net additions to PPE & intangible assets – continuing operations for the quarter were $33 million
First quarter book-to-bill
(
)
of $2.6 billion, which includes $0.6 billion in proceeds from sale of Alstom shares. Bombardier has deployed ~ $2.4 billion toward balance sheet deleveraging year-to-date, expected to reduce annual cash int
The Chemours Company Reports Strong First Quarter Results and Increases Full-Year 2021 Outlook prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
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CALGARY, AB, April 21, 2021 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today announced first-quarter operating results, including revenues of $1.96 billion, an operating ratio ( OR ) of 60.2 percent, adjusted OR of 58.5 percent, diluted earnings per share ( EPS ) of $4.50 and adjusted diluted EPS of $4.48. The strong demand environment, particularly across bulk, merchandise and domestic intermodal, coupled with our commitment to the foundations of precision scheduled railroading enabled our success in the first quarter, said Keith Creel, CP President and Chief Executive Officer. The CP family demonstrated resiliency through winter and delivered a record March. Our 12,000-strong team continues to deliver, no matter the obstacles, and I am extremely proud of their efforts.
Memex Inc Reports Q1-2021 Results phoenixherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from phoenixherald.com Daily Mail and Mail on Sunday newspapers.