Embraer raises guidance after record US$2.3bn quarter
Brazilian aircraft manufacturer Embraer reported record third-quarter revenue of US$2.3 billion, up 17% year on year, with all business units delivering higher contributions. Adjusted earnings before interest and tax (EBIT) reached US$254.8 million, representing a margin of 10.9%, compared with 8.6% in the same period last year. Adjusted free cash flow, excluding Eve, totalled US$627.7 […]
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