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.



  • 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Your email address will not be published.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.


You May Also Like

Brazilian President Offers Bush Brazil Know-How to Solve US Bank Crisis

Brazilian President, Luiz Inácio Lula da Silva, has called American president, George Bush, a ...

For UN, Brazil’s Biofuel Model is a Win, Win, Win Strategy

Brazil's experience on biofuels development strategy is considered to be a model . This ...

Brazil & Co Welcome Venezuela as Mercosur’s Fifth Member

The Mercosur is about to get its fifth member. Tomorrow, July 4, Brazilian President ...

Brazil Spends US$ 27 Bi and Is Leader in Military Spending in Latin America

According to the latest report from the Stockholm International Peace Research Institute, SIPRI, Brazil ...


Innocence lost After resisting insistent calls from Brazilian Playboy to pose in the nude ...

US Deere Opens New Factory in Brazil

Deere & Company from Moline, Illinois, said October 13 that it will build a ...

Brazilian Market Finds Way Out of Red

Latin American markets endured a mixed session, as Brazil and Mexico moved in opposite ...

Brazil Opens International Bidding for São Paulo-Rio Bullet Train

The bidding process for the construction of the high-speed rail service between the country’s ...

After a Court Scare Brazil’s Live Earth Is On Again

Brazilian judge Maria Paula Gouvêa Carvalho, from the 4th Court of Public Treasure in ...