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The margin dilution from mix is expected to continue as Transportation executes on low-margin contracts in the backlog expected to be realized in 2020.(2) Cash
The margin dilution from mix is expected to continue as Transportation executes on low-margin contracts in the backlog expected to be realized in 2020.(2) Cash on hand was increased through a $386 million equity injection in Transportation by Caisse de dpt et placement du Qubec to support working capital as part of our measures to deal with the COVID-19 pandemic. In connection with this contribution, the Corporation secured amendments to Transportation's revolving and letter of credit facilities. These amendments provide for, among other things, temporary adjustments to certain financial covenants. In the second half of March 2020, production at several locations, including key sites across Transportation's largest markets in Europe and the Americas, was temporarily suspended due to the global COVID-19 pandemic. summarize it
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