Bombardier Not Seeing Ebbing Demand for Business Jets -- Market Talk
Dow Jones
Jul 31
1030 ET - Bombardier's business jet demand is still strong, which TD Cowen's Tim James says should put investors at ease. The analyst points to the 2Q book-to-bill ratio and the company's reiterated delivery and revenue guidance which "shows no signs of cracks in the business jet cycle, and should be reassuring given the global economic environment." This is also manifesting in higher services revenue, which topped expectations and peers, James says. "Lower... adjusted Ebitda margin impacted by delivery mix, though offsetting this impact should have been higher services revenue," he adds. Shares are down 4.2% to C$155.87.(adriano.marchese@wsj.com)
(END) Dow Jones Newswires
July 31, 2025 10:30 ET (14:30 GMT)
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