TOareaFan
Superstar
I don't know about the future of Bombardier.....but the immediate past was better than expected.
But, I guess, they could fail at any moment
http://www.cbc.ca/news/business/bombardier-fourth-quarter-1.4536515
- P&L better than expected (loss in the most recent quarter less than half of the same quarter last year)
- Improved cash flow (quarterly jump of 76% of free cashflow)
- Revenue in the quarter jumps to $4.72B ($4.38B in same quarter last year)
- results ahead of the plan in place with CDPQ and as a result, BBD's ownership stake in Bombardier Transportation increases to 72.5% from 70%.
But, I guess, they could fail at any moment
http://www.cbc.ca/news/business/bombardier-fourth-quarter-1.4536515