1-Aug-2017 1:59 PM
Embraer returns to profitability in 2Q2017
Embraer reported (31-Jul-2017) the following financial highlights:
- Three months ended 30-Jun-2017:
- Revenue: USD1770 million, +29.5% year-on-year;
- Commercial aviation: USD1089 million, +27.0%;
- EBIT: USD174.0 million, compared to a loss of USD127.4 million in p-c-p;
- Net profit: USD69.5 million, compared to a loss of USD101.5 million in p-c-p;
- Revenue: USD1770 million, +29.5% year-on-year;
- Six months ended 30-Jun-2017:
- Revenue: USD2796 million, +4.5%;
- EBIT: USD197.4 million, compared to a loss of USD41.7 million in p-c-p;
- Net profit: USD113.9 million, compared to a profit of USD4.5 million in p-c-p;
- Total assets: USD12,002 million;
- Cash and cash equivalents: USD1207 million;
- Total liabilities: USD7948 million. [more - original PR]