1-May-2015 8:50 AM
Embraer reports 14% EBIT decline and a net loss in 1Q2015
Embraer revenue down 15% - financial highlights for three months ended 31-Mar-2015:
- Revenue: USD1056 million, -15.0% year-on-year;
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- Commercial aviation: USD662.3 million, +19.3%;
- EBIT: USD79.6 million, -13.6%;
- Net profit (loss): (USD61.7 million), compared to a profit of USD110.6 million in p-c-p;
- Total assets: USD10,166 million;
- Cash and cash equivalents: USD1065 million;
- Total liabilities: 6394 million. [more - original PR]