07:23 AM EST, 02/06/2025 (MT Newswires) -- Bombardier (BBD-B.TO, BBD-A.TO) on Thursday reported higher fourth-quarter adjusted net income and said it isn't currently providing 2025 guidance and objectives due to the "rapidly evolving landscape" and "new tariffs" from the new Trump administration.

Adjusted net income rose to US$311 million, or US$3.01, from US$143 million, or US$1.37. The FactSet consensus normalized EPS estimate was US$2.02 for the quarter.

Adjusted EBITDA also rose to US$513 million from US$458 million. Revenue climbed to US$3.10 billion from US$3.06 billion.

Bombardier delivered 146 aircraft in 2024, compared with 138 in 2023. The order backlog was US$14.4 billion as of Dec. 31, up US$200 million from the end of 2023.

In deferring 2025 guidance, the company said it will further assess the direct and indirect impacts to its business of tariffs, retaliatory tariffs or other trade protectionist measures as the situation develops.

Bombardier's long-term priorities and strategic orientation remain intact, including growth plans for its Defense and Services businesses.