By Frederic Tomesco, Bloomberg; January 23, 2018
Bombardier Inc. expects to see another year of 10 percent sales growth from its train segment as the Canadian manufacturer holds the line against bigger rivals from China and Europe.
Rail-equipment orders outpaced deliveries last year, and the trend is likely to continue in 2018 with potential orders in Asia, Europe and elsewhere demonstrating strong demand, said Laurent Troger, head of Bombardier’s train business. The unit’s backlog of future work was valued at about $33 billion as of September, representing more than three years’ worth of business.
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