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Bombardier Transportation's revenues expanding

04/11/2009 AT 06:03

The group reported a solid new order intake of $9.8 billion, with a book-to-bill ratio of 1.0 in the context of increasing revenues. The order backlog stood at $24.7 billion as at January 31, 2009.

Bombardier Transportation's products and services are the engine to sustainable mobility. The group continued to reap the benefits of its broad product portfolio by winning contracts in diverse regions around the world such as Singapore, Canada, Sweden, India, Germany and the United Kingdom, among others.

By continuously investing in innovative solutions, Bombardier Transportation has a complete product portfolio and is on the leading edge of new technology with, notably, the launch of the ECO4 suite of technologies to maximize energy efficiency and total train performance.

In November 2008, Bombardier Transportation inaugurated a state-of-the-art railway vehicle manufacturing facility in India, the first to be wholly-owned by a global foreign company in this country.

Closely working with its main customers to continue research on modular and flexible train platforms led Bombardier Transportation to sign a framework agreement with Deutsche Bahn AG (DB) in January 2009. This framework agreement, the largest ever awarded by DB to a single supplier, is for 800 new-generation double-deck coaches, valued at approximately $2.1 billion (1.5 billion euros).

With the equivalent of 2.5 years worth of revenues already in backlog, the current recession should have a limited impact on Bombardier Transportation as the fundamentals of the industry remain strong. Bombardier Transportation, therefore, reaffirms its goal to improve its EBIT margin to 6% for fiscal 2010.

44 Million Euro Operations Order in Las Vegas

Bombardier Transportation has received the first 5-year option order from the Las Vegas Monorail Company (LVMC) to operate and maintain the Monorail system in Las Vegas, Nevada. The order is valued at approximately 44 million euros ($58 million US).

$101 US Million Maintenance Contract in SF

Bombardier Transportation has signed an 8-year contract with the City and County of San Francisco to operate and maintain the Automated People Mover (APM) system at San Francisco (SFO) International Airport. The contract is valued at approximately 80 million euros ($101 million US).

A flexity on new Olympic Line in Vancouver

Bombardier Transportation announced that it has signed a sponsorship agreement with the City of Vancouver to provide up to two BOMBARDIER FLEXITY Outlook streetcars for the City's Downtown Streetcar 2010 Demonstration Project during the Vancouver 2010 Olympic and Paralympic Winter Games.

Bombardier Wins Locomotive Orders

Bombardier Transportation announced it has signed two contracts to supply a total of 46 dual-powered passenger locomotives to the New Jersey Transit Corporation (NJ TRANSIT) and the Agence Metropolitaine de Transport (AMT) in Montreal.

Bombardier Advanced Rapid Transit Technology

Bombardier Transportation's leading-edge Advanced Rapid Transit (ART) rail technology continues to gain traction across international markets.

Canadian Court recognises Alstom

On 9 January 2008, the Quebec Superior Court gave a ruling which establishes the validity of Alstom's request to have the right to participate in an invitation to tender for the replacement of Montreal's fleet of metro cars.

160 Multilevel Commuter Rail Cars In Montréal

Bombardier Transportation announced today it has won a contract valued at approximately 264 million euros ($381 million US, $386 million CAN) from the Government of Quebec to supply 160 Multilevel commuter rail cars for the Agence Métropolitaine de Transport (AMT) in Montréal.

Fleet Maintenance Contract With GO Transit

Bombardier Transportation announced that it has won a contract from the Greater Toronto Transit Authority (GO Transit) to provide fleet maintenance services for a commuter rail system serving Toronto and surrounding regions.

Bombardier Awarded Fleet Operations Contract

Bombardier Transportation announced it has received a contract to supply fleet operations services for the Greater Toronto Transit Authority (GO Transit) commuter rail system serving the city of Toronto and surrounding regions.

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