09:50 AM EST - Bombardier Inc. : Reported its fourth-quarter and full-year 2018 results, highlighting solid margin growth, improved cash flows and continued progress executing its turnaround plan. Bombardier’s 2018 consolidated revenues reached $16.2 billion, reflecting 3% average year-over-year growth across Transportation, Business Aircraft and Aerostructures, excluding currency impact. Full-year free cash flow was $182 million, comprising proceeds from certain transactions; full year cash flows from operating activities of $597 million. EBIT before special items up 42% year-over-year to more than $1 billion on revenues of $16.2 billion for the year; EBIT increased 235% year-over-year to $1.0 billion. Bombardier Inc.
shares T.BBD.B are trading up $0.17 at $2.21.
