Overview
- Bombardier's Q1 revenue rose 19% year-over-year to $1.52 billion, driven by increased jet deliveries and aftermarket service growth.
- Adjusted profit for the quarter climbed to $68 million, up from $44 million in the same period last year, though net profit fell to $44 million from $110 million.
- The company delivered 23 jets in Q1, three more than the previous year, and now expects to deliver over 150 jets in 2025.
- Bombardier reinstated and raised its 2025 guidance, forecasting revenue above $9.25 billion and free cash flow between $500 million and $800 million.
- New investments include a planned paint facility near London by 2026 and an aftermarket services facility in Abu Dhabi later this year, alongside a focus on defense sector growth.