MONTREAL — Bombardier, the Canadian transport equipment manufacturer, reported a 34 percent decline in net income for the fourth quarter. Most of the drop was attributed to an after-tax charge related to the acquisition of Adtranz, a German maker of rail cars, according to the New York Times.
Bombardier said income totaled 229.6 million Canadian dollars ($144.9), or 16 Canadian cents a share, down from 348 million, or 25 cents, a year earlier. Revenue in the period, which ended Jan. 31, climbed 41 percent, to 7.8 billion Canadian dollars.
Bombardier said its order backlog for aircraft, chiefly its CRJ regional jet, was about the same on Jan. 31 as it was a year earlier. The company, based in Montreal, delivered 370 aircraft in fiscal 2001.