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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (145458)3/23/2023 9:39:43 AM
From: Goose94Read Replies (2) of 202037
 
Bombardier (BBD.B-T) Strikes Optimistic Tone For 2025

Bombardier is raising a slate of financial forecasts for 2025 as the company’s business-jet-only strategy gains traction. The company now sees revenue for the year coming in at about US$9 billion – up US$1.5 billion from its earlier forecast – the free cash flow view has nearly double to US$900 million, and the company expects leverage to fall closer to the two to 2.5 times range, lower than previously forecast. The company says all of its strategic priorities are either on track or running ahead of schedule, a far cry from the messy situation a few years ago that helped prompt it to offload its commercial aircraft and rail divisions to focus on becoming a pure-play jet-maker.

BNN.ca
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