Bombardier Aerospace reports second quarter 2013 results

Bombardier Aerospace’s revenues amounted to $2.3bn for the three-month periods ended June 30, 2013 and 2012. EBIT before special items totalled $107m or 4.7% of revenues for the second quarter ended June 30, 2013, compared to $99m or 4.4%, last fiscal year. Free cash flow usage totalled $459m (including net addition to property, plant and equipment (PP&E) and intangible assets of $534m) for the second quarter ended June 30, 2013, compared to a usage of $504m (including net addition to PP&E and intangible assets of $481m) for the same period last fiscal year. Bombardier Aerospace delivered a total of 57 aircraft during the second quarter ended June 30, 2013, compared to 62 for the same period last fiscal year, and received 82 net orders during the second quarter, compared to 146 for the same period last fiscal year.