Bombardier announces strong financial results for the second quarter

Bombardier reported another quarter of strong financial results. Revenues for the second quarter ended July 31, 2008 increased by 22% to reach $4.9 billion. Earnings before financing income, financing expense and income taxes (EBIT) totalled $358 million, compared to an EBIT before special item of $213 million last fiscal year ($280 million before an excess-over-average production cost (EOAPC) charge of $67 million last fiscal year). EBIT margin reached 7.3% compared to last year