Tag: Demosky
Statement from Bart Demosky, Executive Vice President and CFO, Bombardier, On Moody’s Ratings Upgrade to B1
WEBWIRE – Friday, May 3, 2024 The entire Bombardier team is proud to celebrate Moodys rating upgrade announced yesterday. This most recent upgrade places Bombardier at a B1 rating with a stable outlook and reflects the companys consistent performance to date throughout its turnaround. As we outlined in our2024 Investor Daythis week, we have a strong foundation upon which to keep improving key balance sheet metrics. Bombardier continues to build its resilience through growth pathways that thoughtfully diversify revenue streams all while creating additional margin and cash upside. Dynamic businesses like Services and Bombardier Defense not only add value to ... Read more