Bombardier's Solidified Aftermarket Position Contributes to Its Narrow Moat
Aftermarket services, about one quarter of 2024 revenue, are a higher-margin business unit for Bombardier with an estimated segment operating margin of around 17%. We expect Bombardier will gradually ...
Sky's Fiscal 2025 First Half Result Marred by Weak Economy and Satellite Migration Issues
On shareholder distributions, we rate Sky as appropriate. Dividends were reinstated in the second half of fiscal 2022. Management executed a NZD 70 million capital return in November 2022 and a NZD 15 ...