|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Brazil (Click here for more)

Brazilian Plane Maker Embraer Posts Big Quarterly Profit Gain

RIO DE JANEIRO – Brazilian aircraft manufacturer Embraer posted net income of 262.8 million reais (some $118 million) in the first quarter, up 319 percent from the same period last year, the company reported Wednesday.

Embraer’s revenue totaled 2.9 billion reais (nearly $1.3 billion), up 35.8 percent, the result of the delivery of 14 commercial aircraft and 20 executive jets, it added.

The company said first-quarter revenue from its Defense & Security segment totaled 931.4 million reais (approximately $419 million), up 87 percent from the same period of last year.

Earnings before interest, taxes, depreciation and amortization (EBITDA) rose to 354.7 million reais (some $159 million), up from 200.8 million reais in the first quarter of 2013.

Embraer’s backlog of firm orders amounted to $19.2 billion at the close of the first quarter, its highest level since June 2009, thanks primarily to expanded sales in its Commercial Aviation segment.

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:




 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2018 © All rights reserved