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Bombardier Q2 Profit Declines - Quick Facts

September 1, 2010, Wednesday, 18:08 GMT | 13:08 EST | 22:38 IST | 01:08 SGT

(RTTNews) - Bombardier Inc.(BBD_A.TO, BBD_B.TO) reported that its second-quarter net income attributable to the shareholders declined to US$148 million, from US$202 million for the same period last fiscal year. Earnings per share was US$0.08, compared to US$0.11 last fiscal year.

Revenues totalled US$4.08 billion, compared to US$4.95 billion for the corresponding period last fiscal year.

"The uncertain economic environment continues to be reflected in Aerospace's financial results. However, the group is starting to see signs of recovery as shown by the significant reduction in business aircraft order cancellations."said Pierre Beaudoin, President and Chief Executive Officer, Bombardier Inc.

The company announced a quarterly dividend of C$0.025 per share on Class A Shares (Multiple Voting) and of C$0.025 per share on Class B Shares is payable on October 31, 2010 to the shareholders of record at the close of business on October 15, 2010.