Embraer posts good 2013 figures

27 February 2014

Embraer S.A. (NYSE: ERJ) said that, excluding non-recurring items, the company met all of its main 2013 guidance figures, including aircraft deliveries, total revenues, as well as EBIT and EBITDA margins.

In the fourth quarter of 2013, it delivered 32 commercial and 53 executive (38 light and 15 large) jets and ended the year with total deliveries of 90 commercial and 119 executive (90 light and 29 large) aircraft.

As a result of aircraft deliveries and growth in the company´s Defense & Security segment, fourth quarter and 2013 revenues reached USD2,304.0m and USD6,235.0m, respectively.

Embraer S.A. primarily develops, produces, and sells jet and turboprop aircrafts for civil and defense aviation markets in Brazil, North America, Latin America, the Asia Pacific, Europe, and internationally. The company was founded in 1969 and is headquartered in São José dos Campos, Brazil. Its website is at http://www.embraer.com.

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