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Embraer profits decline in 2Q2013 and 1H2013

29-Jul-2013 10:06 AM

Embraer revenue down 9% - financial highlights:

  • Three months ended 30-Jun-2013:
    • Revenue: USD1557million, -9.2% year-on-year;
      • Commercial aviation: USD860.4 million,
    • EBIT: USD135.3 million, -31.5%;
    • Net profit (loss): (USD5.3 million), compared to a profit of USD54.8 million in p-c-p;
    • Commercial aircraft deliveries: 22 aircraft;
  • Six months ended 30-Jun-2013:
    • Revenue: USD2643 million, -10.9%;
      • Commercial aviation: USD1500 million,
    • EBIT: USD174.8 million, -38.2%;
    • Net profit: USD24.6 million, -84.5%;
    • Commercial aircraft deliveries: 39 aircraft;
    • Total assets: USD9895 million;
    • Cash and cash equivalents: USD1647 million;
    • Total liabilities: USD6538 million. [more – original PR]