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SÃO PAULO, Aug. 8, 2024 /PRNewswire/ — EMBRAER S.A. (NYSE: ERJ; B3: EMBR3) RELEASES ITS SECOND QUARTER 2024 EARNINGS RESULTS.
HIGHLIGHTS
- Embraer delivered 47 jets in 2Q24 of which 27 had been government jets (20 brightness and seven medium), 19 had been industrial jets and 1 multi-mission C-390 Millennium in Protection – an build up of 88% in comparison to the 25 plane delivered in 1Q24.
- Company sequence backlog of US$21.1 billion in 2Q24 – a 7-year top, up greater than 20% every year. For more info refer to our 2Q24 Backlog and Deliveries release.
- Revenues totaled US$1,494 million within the length or an build up of 67% in comparison to the former quarter (qoq). Spotlight for Business Flying revenues with 176% enlargement.
- Adjusted EBIT reached US$138.8 million with a 9.3% margin in 2Q24 (US$6.8 million and nil.8% in 1Q24).
- Adjusted sovereign money tide w/o Eve in 2Q24 was once adverse US$(215) million on account of operating capital must help upper selection of deliveries in the second one part of 2024.
- 2024 Steerage reiterated: Control believes stream estimates are legitimate and constitute calmly balanced alternatives and dangers for complete 12 months operations. Business Flying deliveries between 72 and 80 plane, and Govt Flying deliveries between 125 and 135. General corporate revenues within the US$6.0-6.4 billion dimension, Adjusted EBIT margin between 6.5% and seven.5%, and Adjusted sovereign money tide of US$220 million or upper.
For extra data, please test the entire report on our web page ri.embraer.com.br
Investor Members of the family
Guilherme Paiva, Patrícia Mc Knight, Viviane Pinheiro, Eliane Fanis, Marilia Saback and Marcelo Cuperman.
(+55 11)3040-6874
[email protected]
ri.embraer.com.br
CONFERENCE CALL INFORMATION
Embraer will host a convention name to offer its 2Q24 Effects on:
Thursday, Aug 8, 2024
ENGLISH: 8:00 AM (NY Pace) / 9:00 AM (SP Pace).
Coincident translation to Portuguese.
To get admission to the webcast click on here.
Zoom webinar: 829 8775 0865
Or then again to take part by means of telephone name:
U.S.: +1(305)224-1968, +1(309)205-3325
Brazil: +55(11)4632-2236, +55(11)4632-2237
Password: 829 8775 0865
We propose you connect quarter-hour in move.
SOURCE Embraer S.A.
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