Canadian aircraft and train manufacturer Bombardier has lowered its profit and sales expectations for this year. This is partly due to the sale of a number of parts, which are completed faster than expected.
Bombardier now expects an operating result (EBITDA) that is between US $ 1.5 billion and US $ 1.65 billion. Previously that was between 1.65 billion and 1.8 billion dollars. The turnover is now expected to be 17 billion dollars, 1 billion dollars lower than what Bombardier previously expected.
In the first quarter, according to provisional figures, sales amount to $ 3.5 billion. That is less than expected due to, among other things, the timing of aircraft deliveries, a longer run-up of projects at the Transport division and negative exchange rate effects. The adjusted operating result comes to around $ 265 million.
