Bombardier updates 2025 strategic objectives

Bombardier has updated its 2025 objectives. The company is now targeting more than US$9 billion in annual revenue by 2025, with an adjusted EBITDA of more than US$1,625 million and a healthy adjusted EBITDA margin of approximately 18%. Bombardier also expects to generate significant free cash flow in the coming years, to the tune of more than US$900 million per year by 2025 and will continue to de-lever its business, now expecting to reach a net leverage ratio in the range of 2.0x to 2.5x.

Between 2020 and 2022, Bombardier