Embraer profits down in 2011

Embraer revenue up 3% - financial highlights:

• Three months ended 31-Dec-2011:
  • Revenue: USD2025 million, +2.8% year-on-year;
    • Commercial aviation: USD1078 million, +4.8%;
  • EBIT (loss): (USD5.9 million), compared to a profit of USD132.4 million in p-c-p;
  • EBITDA: USD59.2 million, -70.0%;
  • Net profit (loss): (USD91.8 million), compared to a profit of USD122.7 million in p-c-p;
  • Commercial aircraft deliveries: 32 aircraft, +2 aircraft;
    • Embraer 175: Seven, +4;
    • Embraer 190: 18, -2;
    • Embraer 195: Seven, +3;
• 12 months ended 31-Dec-2011:
  • Revenue: USD5803 million, +8.2%;
    • Commercial aviation: USD3714 million, +14.0%;
  • EBIT: USD318.2 million, -18.8%;
  • EBITDA: USD557.0 million, -8.8%;
  • Net profit: USD111.6 million, -66.2%;
  • Commercial aircraft deliveries: 105, +5;
    • ERJ 145: Two, -4;
    • Embraer E170: One, -10;
    • Embraer E175: 10, +2;
    • Embraer E190: 68, +10;
    • Embraer: 24, +7;
  • Total assets: USD8858 million, +5.6%;
  • Cash and cash equivalents: USD1350 million, -3.1%;
  • Total liabilities: USD5741 million, +9.1%. [more - original PR]