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Bombardier Inc.

09:57 AM EST - Bombardier Inc. : Reported its full-year 2017 results, highlighting solid financial and operational performance across the company. In 2017, Bombardier's full-year EBIT before special items grew 57% year-over-year, from $427 million to $672 million, while EBITDA before special items reached close to $1 billion. Free cash flow performance for 2017 was better than guidance by more than $200 million, with a usage of $786 million. This over performance allowed Bombardier to end the year with a $3.1 billion cash balance and well positioned to achieve cash flow breakeven in 2018, a key objective of the Company's turnaround plan. Bombardier Inc.

shares T.BBD.B are trading up $0.27 at $3.56.