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BOMBARDIER INC. 02-12-2010 : BOMBARDIER INC. : Bombardier annuncia i risultati finanziari per il terzo trimestre concluso il 31 ottobre 2010 Copyright (C) Hugin |
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Ricavi consolidati pari a USD 4 Mld contro gli USD 4,6 Mld dell ultimo esercizio fiscale- EBITDA pari a USD 332 Mio contro gli USD 388 Mio dell ultimo esercizio fiscale- EBIT pari a USD 228 Mio (5,7% del fatturato) contro gli USD 262 Mio (5,7%) dell ultimo esercizio fiscale- Utili netti pari a USD 143 Mio, contro gli USD 168 Mio dell ultimo esercizio fiscale- Utili per azione pari a USD 0,08 contro gli USD 0,09 dell ultimo esercizio fiscale- Uso del flusso di cassa libero pari a USD 132 Mio contro un flusso di cassa libero di USD 72 Mio dell ultimo esercizio fiscale- Buona posizione di liquidità a USD 2,7 Mld- Consistente portafoglio ordini pari a USD 48,9 Mld- Launch of the Global 7000 and Global 8000 business jetsMONTREAL, QUEBEC--(Marketwire - December 2, 2010) - Bombardier Inc . (TSX: BBD . A)(TSX: BBD . B)(All amounts in this press release are in U . S . dollars unless otherwise indicated . )Bombardier today reported its financial results for the third quarter ended October 31, 2010 . Revenues amounted to $4 billion compared to $4 . 6 billion last fiscal year . Earnings before financing income, financing expense and income taxes (EBIT) totalled $228 million, compared to $262 million last fiscal year, while the EBIT margin reached 5 . 7%, the same level as last year . Net income amounted to $143 million, compared to $168 million for the same period last fiscal year . Diluted earnings per share (EPS) was $0 . 08, compared to $0 . 09 last fiscal year . Free cash flow (cash flows from operating activities less net additions to property, plant and equipment and intangible assets) usage totalled $132 million for the third quarter, compared to a free cash flow of $72 million for the same period last fiscal year . The cash position amounted to $2 . 7 billion as at October 31, 2010, compared to $3 . 4 billion as at January 31, 2010 . The overall backlog stood at a strong $48 . 9 billion, compared to $43 . 8 billion as at January 31, 2010 . "Once again, this quarter, Bombardier Transportation had a good level of new orders with a book-to-bill ratio of 1 . 7," said Pierre Beaudoin, President and Chief Executive Officer, Bombardier Inc . " This translates into a record backlog of $32 . 7 billion for the group, a 21% increase since the beginning of the year . Breakthrough orders were received, including a first order in Europe for our successful ZEFIRO family of high speed and very high speed trains and, in Brazil, for a 24 kilometre monorail system . ""The environment in Aerospace remained difficult with leading indicators sending mixed signals as to the timing of a full recovery . Nevertheless, we continued to work on our development programs and announced, in September, the launch of the Global 7000 and Global 8000 jets . ""As the global economy firms up, our product strategy will position us well to expand our market share as well as to increase our penetration of emerging markets," concluded Mr Beaudoin . Bombardier AerospaceBombardier Aerospace s revenues amounted to $1 . 8 billion, compared to $2 . 1 billion last fiscal year . EBIT totalled $87 million, or 4 . 7% of revenues, compared to $103 million, or 5%, for the same period last fiscal year . Free cash flow usage was $234 million for the third quarter ended October 31, 2010, compared to a free cash flow of $61 million for the same period last fiscal year . The group received 23 net orders during the third quarter ended October 31, 2010, compared to seven for the same period last fiscal year, while delivering 53 aircraft, compared to 61 last fiscal year . The backlog stood at $16 . 2 billion as at October 31, 2010, compared to $16 . 7 billion as at January 31, 2010 . While both business and commercial aircraft markets are still experiencing challenging conditions, the fundamentals are strong in the long term for both segments . As such, Bombardier Aerospace continued to invest in its product development and launched two new business jets, the Global 7000 and Global 8000 aircraft . Development of the CSeries aircraft program is on schedule and, subsequent to quarter end, the CRJ1000 NextGen aircraft was certified by Transport Canada and the European Aviation Safety Agency, and first deliveries will take place in the fourth quarter of this fiscal year . On the Learjet 85 business aircraft front, the program and development of the manufacturing footprint are progressing well . The Wichita, Kansas, final assembly plant is undergoing an expansion and, in October 2010, we inaugurated a state-of-the-art component manufacturing facility in Queretaro, Mexico, for the Learjet 85 aircraft major composite structures . Bombardier TransportationBombardier Transportation revenues amounted to $2 . 2 billion, compared to $2 . 5 billion for the same period last fiscal year . EBIT totalled $141 million, compared to $159 million a year ago, while EBIT margin increased to 6 . 5% from 6 . 3% last fiscal year . Free cash flow reached $104 million, compared to $32 million last fiscal year . The order backlog reached a record $32 . 7 billion as at October 31, 2010, compared to $27 . 1 billion as at January 31, 2010 . The order intake for the quarter reached $3 . 7 billion, covering a wide spectrum of countries, including a major order to design, supply and install a 24-kilometre INNOVIA Monorail 300 system in Sao Paulo, Brazil, for Companhia do Metropolitano de Sao Paulo, for a value of $747 million . The group also signed a contract with Trenitalia of Italy for the delivery of 50 very high speed trainsets (400 cars) V300ZEFIRO, for a value of $889 million . Bombardier Transportation was also awarded a fourth contract for 40 additional CRH1 high speed trains in China, for a value of $373 million . Subsequent to quarter end, the group signed a contract to build 468 metro cars with Societe de transport de Montreal (STM), Canada, for a value of $715 million . FINANCIAL HIGHLIGHTS(In millions of U . S . dollars, except per share amounts, which are shown in dollars)
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BENETTON GROUP 29-11-2010 : BENETTON GROUP : NEWS DELLA SETTIMANA Copyright (C) Hugin |
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Monday November the 29th, 2010
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BOMBARDIER INC. 26-11-2010 : BOMBARDIER INC. : Media Advisory: Bombardier organizza una Giornata degli investitori/Risultati finanziari del terzo trimestre, terminato il 31 ottobre 2010 Copyright (C) Hugin |
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Media Advisory: Bombardier organizza una Giornata degli investitori/Risultati finanziari del terzo trimestre, terminato il 31 ottobre 2010MONTREAL, QUEBEC--(Marketwire - 25 novembre 2010) - I risultati finanziari di Bombardier Inc . (TSX:BBD . A)(TSX:BBD . B) per il terzo trimestre, terminato il 31 ottobre 2010, saranno pubblicati giovedì 2 dicembre 2010 . Pierre Beaudoin, presidente e Chief Executive Officer (CEO), Bombardier Inc . ; Guy C . Hachey, presidente e Chief Operating Officer (COO), Bombardier Aerospace; André Navarri, presidente e Chief Operating Officer (COO), Bombardier Transportation e Pierre Alary, Senior Vice President e Chief Financial Officer (CFO), Bombardier Inc . terranno una teleconferenza per commentare i risultati finanziari del terzo trimestre . The Company will also hold an afternoon information session . Both events are intended for investors and financial analysts . CONFERENCE CALLDATE: Thursday, December 2, 2010TIME: 10:00 a . m . , Montréal timeA question period intended for the media will take place at the end of the conference call . To participate, media representatives must identify themselves when they register for the call . Conference call dial-in instructionsMedia representatives wishing to listen in on the call will be able to do so by dialing one of the following numbers:Integral version: 514-394-9321 or(without translation) 1-866-540-8119 (toll-free in North America)+800-2787-2790 (overseas calls)In English: 514-394-9319 or1-866-240-8935 (toll-free in North America)+800-2492-4460 (overseas calls)In French: 514-394-9317 or1-888-791-1369 (toll-free in North America)+800-4994-8960 (overseas calls)The conference call will be broadcast live on the Internet at the following address: www . bombardier . comINFORMATION SESSIONSenior management from Bombardier Inc . , Bombardier Aerospace and Bombardier Transportation will also hold an afternoon information session intended for investors and financial analysts . This session will be held in English only . The information session will be broadcast live on the Internet at www . bombardier . com . INFORMATION SESSIONDATE: Thursday, December 2, 2010TIME: 1:00 p . m . , Montréal timeSCHEDULE1:00 - 1:30 p . m . Overview by Pierre Beaudoin, President and CEO, Bombardier Inc . (Questions will be taken at the end of the session . )1:30 - 1:45 p . m . Presentation by Pierre Alary, Senior Vice President and Chief Financial Officer, Bombardier Inc . - Q&A1:45 - 3:15 p . m . Presentation by Bombardier Transportation - Q&A3:15 - 3:45 p . m . Break3:45 - 5:15 p . m . Presentation by Bombardier Aerospace - Q&A5:15 - 5:45 p . m . Conclusion by Pierre Beaudoin, President and CEO, Bombardier Inc . - Q&APlease note that all allocated times are approximate . A question period intended for the media will take place at the end of each Q&A session . To participate, media representatives must register online and submit their questions via the webcast viewer . Bombardier Inc . Isabelle RondeauDirector, Communications514-861-9481www . bombardier . comBombardier Inc . Shirley ChenierSenior Director, Investor Relations514-861-9481Copyright Hugin Questo comunicato é distribuito da Hugin . L emittente è l unico responsabile per il contenuto del comunicato . [CN#171773] |
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La Mancha Resources 23-11-2010 : La Mancha Resources : AGGIUNTE 180.000 ONCE D ORO ALLE RISORSE M&I DELLA MINIERA GRAZIE AL COMPLETAMENTO DELLA PRIMA METÀ DEL PROGRAMMA DI DELIMITAZIONE FROG LEG Copyright (C) Hugin |
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AGGIUNTE 180 . 000 ONCE D ORO ALLE RISORSE M&I DELLA MINIERA GRAZIE AL COMPLETAMENTO DELLA PRIMA METÀ DEL PROGRAMMA DI DELIMITAZIONE FROG LEGCOMUNICATO STAMPAParigi, 22 novembre 2010AGGIUNTE 180 . 000 ONCE D ORO ALLE RISORSE M&I DELLA MINIERA GRAZIE AL COMPLETAMENTO DELLA PRIMA METÀ DEL PROGRAMMA DI DELIMITAZIONE FROG LEGPUNTI SALIENTI DELL AUMENTO DI RISORSE:- La prima parte del programma di esplorazione ha già aggiunto 180 . 000 once d oro (91 . 800 delle quali attribuibili a La Mancha) alle risorse M&I, una quantità significativamente maggiore rispetto all obiettivo di 150 . 000 once fissato dal programma- La trivellazione confermerebbe lo spessore della mineralizzazione di profondità , mentre la risorsa rimane aperta al limite della perforazione corrente- La dirigenza prevede un ulteriore crescita della risorsa futura al termine delle tre piattaforme di perforazione rimanentiHIGHLIGHTS OF PRELIMINARY DRILL RESULTS:- Preliminary results from second half of drilling campaign returns more high-grade intercepts, including:- 13 . 5m @ 8 . 58 g/t Au with true thickness of 12 . 3m- 14 . 5m @ 7 . 00 g/t Au with true thickness of 12 . 1m- 16 . 0m @ 7 . 14 g/t Au with true thickness of 9 . 9m- 16 . 57m @ 6 . 31 g/t Au with true thickness of 9 . 7m- Results indicate that new zones are more highly prospective than those previously drilledLa Mancha Resources Inc . (TSX: LMA, hereinafter "La Mancha" or "the Company") is pleased to report that the ongoing resource delineation program at its 51%-owned Frog s Leg underground mine in Western Australia has already significantly surpassed its objective, with more than half of the drilling yet to be factored in . As of September 30, 2010, the Frog s Leg Measured and Indicated resource amounted to 866,000 ounces of gold (441,660 ounces attributable to La Mancha), of which 180,000 ounces (91,800 ounces attributable to La Mancha) are the direct result of the successful exploration conducted below the first two drill stations installed at the bottom of the mine . (See Figure 1 of appendix)Dominique Delorme, President and CEO of La Mancha, noted: "We are thrilled with the Frog s Leg resource delineation program to date for the following reasons . First, the objective for the entire program was to add 150,000 ounces of gold to the Frog s Leg resource . With only 45% of the drill results modelled to date, we have already exceeded that objective . Second, the drill results received from the second segment of the program continue to return very interesting intercepts, suggesting that the Frog s Leg resource will continue to grow in the mine s year-end resource report . However, the most interesting potential identified to date by our resource delineation program is the suggestion of the continued thickness of the Frog s Leg mineralization and the presence of more high grades intercepts at depth . Should they be confirmed, these two characteristics bode well for the future of the Frog s Leg deposit as it suggests a continued resource increase . All these reasons, reaffirm the robust nature of the Frog s Leg deposit, making us even more confident of further extending the Frog s Leg s mine life by developing the mine well beyond the current resource envelope . "The aforementioned extensive underground resource drilling program, aimed at testing the continuity of the Frog s Leg deposit at depth, started in early 2010 . The program involves 35,000 metres of diamond drilling across the entire 1,200-metre strike length of the deposit . Management anticipates that this drilling has the potential to extend the mine depth by another 180 metres, and further development of the mine below the 600-metre level looks probable . The resource extension drilling is being done from five main drill platforms, as illustrated in Figure 1 of the appendix . To date, drilling has been completed from the first four drill stations installed at the bottom of the mine . The new resource statement is, however, only based on the modeling of the drill results from the first two drill stations, which corresponds to a total of 15,813 metres drilled, representing a mere 45% of the total resource drilling program . As shown in Table 1 of the appendix, the new resource statement includes the drill results published on August 3 as well as the newly-obtained results . As illustrated in Figure 1, the resource increase is a result of new discovery and conversion of areas of Inferred material contained within the April 2009 Resource Statement . To date, the exploration program has added 180,000 ounces (91,800 ounces attributable to La Mancha) to the Frog s Leg Measured and Indicated resource, in addition to the 60,000 ounces (30,600 attributable to La Mancha) already identified in the December 31, 2009 resource statement . The following table shows the new Frog s Leg project resource estimate on a 100% basis:Table 1: Comparative Resource Statement
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BENETTON GROUP 22-11-2010 : BENETTON GROUP : NEWS DELLA SETTIMANA Copyright (C) Hugin |
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Lunedì 22 Novembre 2010
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EURO Ressources 15-11-2010 : EURO Ressources : EURO RESSOURCES RENDE NOTI GLI UTILI DEL TERZO TRIMESTRE E DEI NOVE MESI CHIUSI IL 30 SETTEMBRE 2010 Copyright (C) Hugin |
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EURO RESSOURCES RENDE NOTI GLI UTILI DEL TERZO TRIMESTRE E DEI NOVE MESI CHIUSI IL 30 SETTEMBRE 2010PARIGI, Francia, 12 novembre 2010: EURO Ressources S . A . (Parigi: EUR) ("EURO" o la "Società ") ha annunciato oggi i risultati finanziari consolidati non certificati relativi al terzo trimestre e ai primi nove mesi chiusi il 30 settembre 2010, redatti in conformità con gli International Financial Reporting Standards adottati dall Unione europea . Tutti gli importi sono indicati in Euro . EURO ha dichiarato un utile netto di E 10,43 milioni (E 0,167 per azione) per i nove mesi chiusi il 30 settembre 2010 e un utile netto pari a E 4,48 milioni (E 0,072 per azione) per il terzo trimestre 2010, contro un utile netto di E 7,74 milioni (E 0,124 per azione) per i primi nove mesi del 2009 e di E 3,12 milioni (E 0,050 per azione) per il terzo trimestre 2009 . The following comments on the results for the third quarter and nine months ended September 30, 2010 are taken from our Management s Discussion and Analysis:Three months ended September 30, 2010 compared to three months ended September 30, 2009EURO had revenue of E7 . 37 million in the quarter ended September 30, 2010 compared to E5 . 28 million in the third quarter of 2009, an increase of 40% . Substantially all of this revenue comes from the Rosebel royalty . The Rosebel gold mine produced 105,623 ounces of gold during the third quarter of 2010, a 5% decrease from the 111,657 ounces of gold produced in the third quarter of 2009, resulting primarily from processing lower head grades . This decrease is substantially offset by the 28% increase in the average price of gold for the quarter ended September 30, 2010 of $1,226 . 75 per ounce of gold as compared to $959 . 97 per ounce of gold for the same period in 2009 . Operating expenses in the third quarter of 2010 were E0 . 24 million, as compared to E0 . 52 million for the third quarter of 2009 . The decrease of 53% was largely due to the security costs at the Paul Isnard Properties in French Guiana no longer being the Company s responsibility since the beginning of 2010, whereas during the third quarter of 2009 the Company incurred E0 . 31 million related to these costs . Although, there was a 5% decrease in gold production at the Rosebel mine for the third quarter of 2010 as compared to the third quarter of 2009, there was a 4% increase in amortization expense of E0 . 168 million for the third quarter 2010 as compared to E0 . 162 million for the same period last year . This increase is attributable to the weakened Euro currency with a foreign exchange impact for the quarter of 10% . Since the last 5,700 ounces of gold from the gold hedge contract were settled at the end of January 2010, the Company has no more financial instrument expense related to gold for the quarter ended September 30, 2010 . This compares to a financial instrument expense related to gold of E0 . 30 million for the quarter ended September 30, 2009, at which time there were 5,700 ounces of gold remaining under the Company s gold hedge contract . Nine months ended September 30, 2010 compared to nine months ended September 30, 2009EURO had revenue for the first nine months of 2010 of E18 . 83 million compared to E14 . 10 million for the first nine months of 2009, with E18 . 76 million earned from the Rosebel royalty (E13 . 73 million during the same period last year) . The 34% increase in revenue for the first nine months of 2010 is mainly due to a 27% increase in the average gold price for the nine months ended September 30, 2010 to $1,177 . 85 per ounce of gold (2009: $930 . 60 per ounce of gold) . This increase is partially offset by a 6% decrease in gold production for the first nine months of 2010 to 290,015 ounces of gold, as compared to 308,322 ounces of gold for the same period last year . The weakened Euro currency was another contributing factor to explain the increase in revenue with a foreign exchange impact of 4% for the nine months ended September 30, 2010 . In April 2010, EURO entered into a foreign exchange forward contract with its financial institution to mitigate the impact of foreign exchange on the issuance premium that was paid in May 2010 . As required by French law, the issuance premium was to be paid in Euros . As the Rosebel royalty is received in US dollars and EURO cash balances are carried in US dollars, a foreign exchange forward contract was entered into to ensure EURO would have sufficient liquidity to meet the issuance premium . The forward price agreed to was E1 for $1 . 3570 and on the day of maturity the exchange rate was E1 for $1 . 2201 . Given the unanticipated devaluation of the Euro at that time, a realized financial instrument expense of E1 . 8 million (equivalent of $2 . 39 million) was recorded in the income statement, (2009:E0) . EURO recorded an income tax expense of E5 . 69 million for the nine months ended September 30, 2010 . EURO recognized a temporary future tax credit for the nine months ended September 30, 2010 of E0 . 15 million . Since there are no more tax losses carried forward, the deferred tax asset relates to temporary differences . LiquidityConsolidated cash and cash equivalents at September 30, 2010 totalled E6 . 32 million . All of the cash and cash equivalents are unrestricted . EURO expects to have sufficient cash flow to fund its on-going operational needs . About EUROEURO is a French company whose principal asset is the Rosebel Royalty on gold production at the Rosebel mine operated by IAMGOLD Corporation ("IAMGOLD") . EURO has approximately 62 . 5 million shares outstanding . Since December 17, 2008, EURO is a majority owned subsidiary of IAMGOLD . IAMGOLD owns today directly and indirectly approximately 86% of EURO . Statements Regarding Forward-Looking Information: Some statements in this news release are forward-looking statements . Investors are cautioned that forward-looking statements are inherently uncertain and involve risks and uncertainties . There can be no assurance that future developments affecting the Company will be those anticipated by management . Not for distribution to United States newswire services or for dissemination in the United States . The securities referred to herein have not been registered under the US Securities Act of 1933 and may not be offered or sold in the United States or to a US person absent registration or an applicable exemption from registration . Additional information relating to EURO Ressources S . A . is available on SEDAR at www . sedar . com . Further requests for information should be addressed to:Larry E . PhillipsDirecteur-GénéralTel:+1 4163604710Email : phillips@euroressources . netSusanne A . HermansVice-President FinanceTél . : +1 303 204 7771Email : shermans@euroressources . netCopyright Hugin Questo comunicato é distribuito da Hugin . L emittente è l unico responsabile per il contenuto del comunicato . [CN#171598] |
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BENETTON GROUP 15-11-2010 : BENETTON GROUP : NEWS OF THE WEEK Copyright (C) Hugin |
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Lunedì 15 Novembre 2010
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BOMBARDIER TRANSPORTATION 12-11-2010 : BOMBARDIER TRANSPORTATION : Bombardier pubblica il terzo rapporto sulla responsabilità sociale d impresa Copyright (C) Hugin |
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Maggiore accesso alle informazioni relative alla responsabilità sociale d impresa nel nuovo sito web dedicato: www . csr . bombardier . comMONTREAL, QUEBEC--(Marketwire - 11 novembre 2010) - Oggi Bombardier Inc . (TSX: BBD . A)(TSX: BBD . B) ha pubblicato il terzo rapporto sulla responsabilità sociale d impresa dal titolo Deepening our Commitment . Il rapporto presenta il continuo impegno della società a sostegno della propria responsabilità in veste di public company e datore di lavoro, nei rapporti di vicinato e con i suoi partner . Il rapporto mette in luce quanto sia importante improntare alla sostenibilità non solo la produzione ma anche la cultura e la mentalità per gli anni a venire . "I nostri dipendenti sono la chiave del nostro successo . Questo emerge in tutta la sua evidenza soprattutto nella sfera della responsabilità sociale d impresa . In the past year, we witnessed numerous instances where our employees brought their ingenuity to bear, zeroing in on solutions to sustainability challenges and setting the stage for greater prosperity," said Pierre Beaudoin, President and Chief Executive Officer, Bombardier Inc . Building on last year s structure, the report is organized into six sections, reflecting both stakeholder feedback and the areas where Bombardier has the greatest responsibilities: governance, employees, products, operations, suppliers and responsible citizenship . To improve access and minimize its environmental footprint, Bombardier s complete 2010 Corporate Social Responsibility Report is available exclusively online, on its new dedicated website:www . csr . bombardier . comHighlights include:-- Listing on the Dow Jones Sustainability World and Dow Jones Sustainability North America Indexes for the fourth consecutive year-- Embedding the UN Global Compact s principles of social responsibility in Bombardier s Code of Ethics and Business Conduct and Supplier Code of Conduct-- Adopted the 3E approach to community involvement, which focuses on Environment, Education and Entrepreneurship-- Lowered CO2 emissions by 12 . 3% compared to fiscal 2009, the equivalent of removing 9,175 cars from the road every year-- Integrated our innovative energy-saving technologies EBI Drive 50 Driver Assistance System and ThermoEfficient Climatization System to our ZEFIRO Very High Speed (VHS) train to deliver the lowest energy consumption per seat of any VHS train-- Continued development of the environmentally focused CSeries aircraft program, which will contribute to the commercial aviation industry s commitment to achieve carbon-neutral growth by 2020 by significantly reducing CO2 emissions-- Reforested 191 hectares in Sierra Gorda Biosphere Reserve in Mexico-- Obtained the commitment of 200 Aerospace suppliers and 406 Transportation master vendors to respect our Supplier Code of Conduct or adhere to equivalent codes of conduct-- Ranked among the Best 50 Corporate Citizens in Canada in 2010 and #1 in the Environment category according to Corporate KnightsFollow us on Twitter for more information . About BombardierA world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc . is a global corporation headquartered in Canada . Its revenues for the fiscal year ended Jan . 31, 2009, were $19 . 7 billion US, and its shares are traded on the Toronto Stock Exchange (BBD) . Bombardier is listed as an index component to the Dow Jones Sustainability World and North America indexes . News and information are available at www . bombardier . com . CSeries, EBI, ECO4 and ZEFIRO are trademarks of Bombardier Inc . or its subsidiaries . Contacts:Bombardier Inc . Isabelle RondeauDirector, Communications514-861-9481Bombardier Inc . Shirley ChenierSenior Director, Investor Relations514-861-9481www . bombardier . comCopyright Hugin Questo comunicato é distribuito da Hugin . L emittente è l unico responsabile per il contenuto del comunicato . [CN#171567] |
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