During the 3rd quarter of 2012 Embraer delivered 27 jets to the commercial aviation market and 13 to the executive aviation market (11 light jets and 2 large jets). Third quarter 2012 revenues and gross margin reached US$1,404.5m and 25.3%, respectively. EBIT and EBITDA margins were 7.2% and 11.8%, respectively. However if not for the non-recurring events related to the Chautauqua Airlines Inc. restructuring program, EBIT and EBITDA margins for the period would have reached 10.2% and 14.8%, respectively. Net income attributable to Embraer shareholders and earning per ADS basic totaled US$ 65.2m. Embraer opened two new Centers of Excellence in Evora, Portugal.
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[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada