Winning the Long Game
Bombardier, based on strong business execution and fundamentals, announced it is updating its 2025 objectives. The company now aspires to see annual revenues of $9-billion by 2025, with an adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) of more than $1.625-billion and a healthy adjusted EBITDA margin of approximately 18-percent. Bombardier, in the coming years, also expects to generate significant free cash flow, to the tune of more than $900-million annually by 2025. By continuing to de-lever its business, the company now expects to reach a net leverage ratio in the range of 2.0x to 2.5x.