3-May-2010 12:20 PM

Embraer profits surge, despite revenue down 14.2% in 1Q2010

Embraer revenue down 14.2% - financial highlights for the three months ended 31-Mar-2010 (according to US GAAP):

  • Net sales: USD990.1 million, -14.2% year-on-year;
    • Commercial Aviation: USD523.4 million, -39.9%;
    • Aviation Services: USD142.1 million, +10.9%;
  • Operating profit: USD57.4 million, +110.3%;
  • Net profit (loss): USD38.3 million, compared to a loss of USD23.3 million in the previous corresponding period;
  • Aircraft deliveries:
    • Commercial Aviation: 21, -34.4%. [more]

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