Record Service Revenue Achievement
Bombardier achieved $2 billion in service revenue in 2024, a full year ahead of schedule, doubling a high-margin business organically in less than five years.
Improved Financial Metrics
Adjusted EBITDA margin increased to 15.7% in 2024, with a significant 11% year-over-year increase in adjusted EBITDA, and a 31% increase in adjusted net income.
Leverage Ratio and Credit Rating Improvement
Net leverage improved to 2.9x, reaching the 2025 target a year early, with credit rating upgrades from both Moody's and S&P Global Ratings.
Product Performance and Market Leadership
The Global 7500 set multiple speed records, and the Challenger 3500 became the fastest platform to reach 100 deliveries in its class.
Robust Backlog and Order Activity
Backlog increased to $14.4 billion, with a book-to-bill ratio of 1 in 2024, reflecting strong demand for products and services.