Embraer Q2 Net Profit Falls 10.6%

Embraer has confirmed a second quarter net profit of $131.1m, down 10.6 per cent from the $146.7m net profit it posted in Q2 2014.

Embraer has confirmed a second quarter net profit of $131.1m, down 10.6 per cent from the $146.7m net profit it posted in Q2 2014.

Revenues in Q2 2015 also fell by 14.2 per cent year-on-year to $1.5bn. However, the Brazilian OEM saw activity in its commercial aircraft division rise, with civil aviation accounting for 58.3 per cent of its total revenues, an increase from Q2 2014’s 55.2 per cent.

Despite this, commercial aircraft deliveries slightly decreased from 29 aircraft in Q2 2014 to 27 for this quarter.

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