Embraer revenue up 6%, EBITDA up 34% in 1Q2011

Embraer revenue up 6% - financial highlights for the three months ended 31-Mar-2011:

• Revenue: USD1056 million, +6.4% year-on-year;
  • Commercial aviation: USD751.8 million, +22.9%;
• EBIT: USD94.3 million, +32.8%;
• EBITDA: USD156.3 million, +33.7%;
• Net profit: USD105.1 million, +336%;
• Order backlog: USD16,000 million, +2.6% when compared with the period ended 31-Dec-2010;
• Aircraft deliveries:
  • Commercial: 20, compared with 21 deliveries in 1Q2010;
• Total assets: USD8760 million, +4.4% when compared with the period ended 31-Dec-2010;
• Cash and cash equivalents: USD1303 million, -6.5% when compared with the period ended 31-Dec-2010;
• Total liabilities: USD5563 million, +5.8% when compared with the period ended 31-Dec-2010. [more]