Loading
22-Mar-2012 12:21 PM

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]

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More