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Gold/Mining/Energy : Bombardier, maker of planes and trains and other things -- Ignore unavailable to you. Want to Upgrade?

To: csm who wrote (682)	11/23/1999 4:26:00 PM
From: Gilbert Drapeau	Read Replies (1) \| Respond to of 1177

FINANCIAL RESULTS OF BOMBARDIER INC. FOR THE THIRD QUARTER AND THE NINE MONTHS ENDED OCTOBER 31, 1999 www2.cdn-news.com MONTREAL, QUEBEC--The consolidated revenues of Bombardier Inc. for the quarter ended October 31, 1999 totalled $3.2 billion compared with $2.6 billion for the same period last year. Net income for the quarter, before restructuring charges, was $167.4 million, or $0.24 per share, as against $125.5 million, or $0.17 per share, for the quarter ended October 31, 1998. This excludes restructuring charges of $33.7 million ($16.3 million after taxes), mostly related to severance payments for the adjustment in Bombardier Transportation's operations and workforce in Germany. After restructuring charges, net income totalled $151.1 million, or $0.21 per share. For the nine months ended October 31, 1999, consolidated revenues amounted to $9.2 billion compared with $7.5 billion for the same period last year. Net income before restructuring charges for the nine-month period reached $481.0 million, or $0.68 per share, as against $360.3 million, or $0.50 per share, for the same period last year. Restructuring charges in the third quarter reduced net income for the nine months to $464.7 million, or $0.65 per share.