Bombardier reports strong financial results

Bombardier reported strong financial results for the fourth quarter and the year ended January 31, 2009 showing improvements in revenues, profitability and a robust cash position. Revenues increased by 13% to reach $19.7 billion. Earnings before financing income, financing expense and income taxes (EBIT) reached $1.4 billion, up 56% compared to $902 million before special item last fiscal year ($1.2 billion before excess-over-average production cost (EOAPC) charge last fiscal year). EBIT margin at 7.2% compares to last year