Embraer reveals Q2 2019 results

Darren Wood
By Darren Wood August 14, 2019 11:09

Embraer reveals Q2 2019 results

Embraer has delivered 26 commercial and 25 executive (19 light and 6 large) jets during the second quarter of 2Q19, compared to 28 commercial jets and 20 executive (15 light and 5 large) jets in the same period last year.

The Company’s firm order backlog at the end of the period was $16.9 billion, up from the $16 billion reported at the end of the first quarter of 2019.

Embraer’s EBIT and EBITDA during the second period stood at $26.6 million and $67 million, respectively, yielding EBIT margin of 1.9% and EBITDA margin of 4.9%.

In the first six months of 2019 the company’s EBIT was $11.4 million and EBITDA was $97.9 million.

Darren Wood
By Darren Wood August 14, 2019 11:09