Embraer EBIT down 19% in 3Q2012

Embraer revenue up 3% - financial highlights for three months ended 30-Sep-2012:

• Revenue: USD1405 million, +3.0% year-on-year;
  • Commercial aviation: USD956.3 million, -5.2%;
    • Commercial aviation services: USD79.9 million, -21.6%;
• EBIT: USD100.9 million, -18.8%;
• Profit before tax: USD107.0 million, -24.2%;
• Net profit: USD65.2 million, compared to a profit of USD1.9 million in p-c-p;
• Aircraft deliveries:
  • Commercial aviation: 27, -3.6%;
• Total assets: USD9480 million, -0.9% when compared to period ended 30-Jun-2012;
• Cash and cash equivalents: USD1573 million, -6.7% when compared to period ended 30-Jun-2012;
• Total liabilities: USD6193 million, -2.2% when compared to period ended 30-Jun-2012. [more - original PR]