11:39 AM EST, 02/06/2025 (MT Newswires) -- (Updates shares.)

Bombardier (BBD-B.TO) on Thursday reported a higher fourth-quarter adjusted profit and said it is not currently providing 2025 guidance and objectives due to the "rapidly evolving landscape" and potential tariffs from the new Trump administration.

Adjusted profit, excluding most one-time items, rose to US$311 million, or US$3.01 per share, from US$143 million, or US$1.37. The result topped the FactSet consensus estimate of US$2.02 per share.

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 from 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.

Bombardier Class B shares were last seen down $2.09 to $82.62 on the Toronto Stock Exchange.

Price: 82.61, Change: -2.10, Percent Change: -2.48