Bombardier rail backlog climbs to $30.3 billion

Bombardier, Inc. reported Wednesday that during the fiscal quarter ended July 31, Bombardier Transportation signed $4.3 billion of new orders, bringing its order backlog to $30.3 billion on July 31, compared with $27.1 billion on Jan. 31.

Bombardier Transportation revenue totaled $2.1 billion for the second quarter, compared with $2.5 billion for the same period last year. EBIT was $140 million, compared with $159 million last fiscal year, while EBIT margin reached 6.6% vs. 6.2% last fiscal year.

Bombardier Aerospace’s revenue for the quarter totaled $2 billion, compared with $2.4 billion last fiscal year. Bombardier Aerospace’s backlog was $17.1 billion as at July 31, 2010, compared with $16.7 billion as at January 31, 2010.

Bombardier corporate revenue totaled $4.1 billion for the latest quarter, compared with $4.9 billion for the corresponding period last fiscal year. Net income for the quarter amounted to $148 million, compared with $202 million for the same period last year.