1-May-2013 10:48 AM
Embraer reports sharp profit declines in 1Q2013
Embraer revenue down 6% - financial highlights for three months ended 31-Mar-2013:
- Revenue: USD1086 million, -5.7% year-on-year;
- Commercial aviation: USD639.6 million, -15.8%;
- EBIT: USD39.6 million, -53.7%;
- EBITDA: USD100.4 million, -32.2%;
- Net profit: USD30.0 million, -71.3%;
- Firm order backlog: USD13,300 million;
- Aircraft deliveries:
- Total assets: USD10,131 million, +6.9% when compared to period ended 31-Dec-2012;
- Cash and cash equivalents: USD1684 million, -6.3% when compared to period ended 31-Dec-2012;
- Total liabilities: USD6772 million, +10.5% when compared to period ended 31-Dec-2012. [more - original PR]