June 4, 2008 / 10:37 AM / 9 years ago

Bombardier posts higher profit, restores dividend

(In U.S. dollars)

TORONTO, June 4 (Reuters) - Bombardier Inc (BBDb.TO), the world’s top passenger train maker and No. 3 civil aircraft manufacturer, said on Wednesday that quarterly profit nearly tripled, prompting it to reinstate its quarterly dividend.

Bombardier said it earned $226 million, or 12 cents a share, in the first quarter ended on April 30, up from $79 million, or 4 cents a share, a year earlier. ($1=$1.01 Canadian) (Reporting by Scott Anderson; Editing by Lisa Von Ahn)

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