Bombardier announces solid financial results for third quarter

Bombardier reported solid financial results for the third quarter ended October 31, 2008. Revenues increased by 8% to reach $4.6 billion. Earnings before financing income, financing expense and income taxes (EBIT) grew by $114 million to $315 million, compared to an EBIT of $201 million last fiscal year ($269 million before an excess-over-average production cost (EOAPC) charge last fiscal year). EBIT margin reached 6.9% compared to last year