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Bombardier fourth-quarter revenue rises on higher business jet deliveries
Reuters· 2026-02-12 11:34
Core Insights - Bombardier reported a nearly 19% increase in fourth-quarter revenue, reaching $3.69 billion, driven by higher business jet deliveries [1][1][1] - The company anticipates over $10 billion in revenue for 2026, with expected free cash flow between $600 million and $1 billion, and plans to deliver more than 157 planes [1][1][1] Business Performance - The increase in revenue is attributed to strong demand from affluent buyers and tariff-free deliveries to the U.S. under the USMCA trade agreement, despite ongoing trade tensions between the U.S. and Canada [1][1][1] - Bombardier's adjusted quarterly profit was reported at $4.80 per share, up from $3.01 a year earlier [1][1][1] Market Environment - The company faces potential tariff risks as the USMCA agreement is set for review, with U.S. President Trump expressing intentions to reconsider the trade pact [1][1][1] - There is uncertainty regarding the future of the USMCA, especially after Trump's threats to impose 50% import tariffs on Canadian-made aircraft [1][1][1]