Embraer net profit doubles in 2016

Embraer revenue down 2% - financial highlights:

• Three months ended 31-Dec-2016:
• • Revenue: USD2028 million, -2.2% year-on-year;
  • • Commercial aviation: USD1032 million, -7.5%;
  • EBIT: USD276.6 million, +324%;
  • Net profit: USD195.7 million, +71.7%;
• 12 months ended 31-Dec-2016:
• • Revenue: USD6218 million, +4.9%;
  • • Commercial aviation: USD3527 million, +5.3%;
  • EBIT: USD206 million, -37.9%;
  • Net profit: USD167.8 million, +108%;
  • Total assets: USD11,665 million;
  • Cash and cash equivalents: USD1242 million;
  • Total liabilities: USD7723 million. [more - original PR]