Embraer releases Q2 2017 results

In the second quarter of 2017, Embraer delivered 35 commercial and 24 executive (16 light and 8 large) jets, compared to the 26 commercial and 26 executive (23 light and 3 large) jet deliveries in 2Q16, the company said.

The company´s firm order backlog ended the quarter at USD 18.5 billion;
revenues in 2Q17 increased 29.5% year-over-year to USD 1,769.6 million, with significant growth across all three segments.

In the first half of 2017, Adjusted EBIT and Adjusted EBITDA margins were 7.0% and 12.5%, respectively. Accumulated Adjusted EBIT and EBITDA over the first six months of the year were USD 195.6 million and USD 348.8 million;
2Q17 Net income attributable to Embraer shareholders and Earnings per ADS were USD 59.1 million and USD 0.32, respectively.

Embraer is a global company headquartered in Brazil with businesses in commercial and executive aviation, defense & security. The company designs, develops, manufactures and markets aircraft and systems, providing customer support and services.

Since it was founded in 1969, Embraer has delivered more than 8,000 aircraft. About every 10 seconds an aircraft manufactured by Embraer takes off somewhere in the world, transporting over 145 million passengers a year.