Embraer reports Q4 and fiscal year 2021 earnings

Embraer has reported revenues of US$1.3 billion in the fourth quarter and US$4.2 billion in 2021, in line with guidance for revenues of US$ 4.0 – US$ 4.5 billion. Adjusted EBIT and EBITDA margins for 2021 reached guidance of 3.0% – 4.0% and 8.5% – 9.5%. Embraer delivered 55 jets in the fourth quarter, of which 16 commercial aircraft and 39 executive jets (26 light and 13 mid-size). In 2021, a total of 141 jets were delivered comprised of 48 commercial aircraft and 93 executive jets (62 light and 31 mid-size). Embraer’s firm order backlog ended 4Q21 at US$17.0 billion.