• Categories
  • Archives

Brazil Embraer’s Net Income Goes Up, While Net Sales Go Down

Embraer, Brazilian aircraft manufacturer, had a net income of US$ 83 million in the second quarter of the year, an increase in 3.5% in comparison to the US$ 80.2 million registered in the same period last year.

The company’s net sales, however, dropped by 12% in the same comparison, from US$ 924.3 million to US$ 812.4 million.


According to the company, the reduction in revenues happened due to a smaller number of deliveries made in the second semester of the year, in comparison to the same period in 2004. In a statement Embraer highlighted, however, that 60% of deliveries in 2005 are programmed to happen during the second semester.


The increase in its profit, according to the company, indicates an improvement in the mix of products offered. The company started delivering this year the first units of the new family of commercial jets Embraer 170/190, larger airplanes and more expensive than the ones in the ERJ 145 family, traded since the 1990s.


Anba

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

For Brazil’s Beef Industry the Worst of Crisis Is Over

Brazilian exports of raw beef are starting to show signs of recovery. Figures supplied ...

In Brazil, Kirchner Suggests Multilateralism to End Poverty

Multilateralism should be the way to achieve the objectives set by the United Nations ...

Brazilian President Takes Her Country Back to the Closet on LGBT rights

LGBT rights activists have burgeoned onto the scene of civil society movements across Latin ...

Brazilian circus's  star Claudia, 3 years old

Brazil: Something Must Be Wrong When the Headliner Female Is Only 3

The catcalls began the instant the dancer turned around. Dressed in black knee high ...

With 13 Million Small Businesses, Brazil Is World’s 7th Most Enterprising Country

Brazil is the seventh most enterprising country in the world. This information was disclosed ...

Lula Tells Brazil Is Better Prepared to Find the G-Spot and Other Irreverences

Brazilian President Luiz Inácio Lula da Silva on Friday sounded more like an R-rated ...

Brazil Wants from Chile Same Treatment Given the US

A study released yesterday at the Federation of Industries of the State of São ...

Brazil Expecting Economy to Shrink 0.30%, Worst in 17 Years

Economists from Brazil are forecasting that Latin America's biggest economy will fall into the ...

South American Nations Invited to Be Part of Venezuela-Brazil Pipeline

The Brazilian Minister of Mines and Energy, Silas Rondeau, says that a technical report ...