Bombardier issued the company’s 2017 guidance Dec. 15, aiming for consolidated EBIT before special items in the $530 million-$630 million range, a 50% increase over 2016, in the coming year. “This targeted profit growth will be primarily driven by transformation initiatives already in place, including … previously announced restructuring actions,” Bombardier said in a statement. The Canadian manufacturer expects to spend between $250 million-$300 million on ...

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