{"id":50887,"date":"2015-04-30T14:16:00","date_gmt":"2015-04-30T16:16:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/exchange-rate-affects-embraer-results\/"},"modified":"2019-06-30T13:00:25","modified_gmt":"2019-06-30T16:00:25","slug":"exchange-rate-affects-embraer-results","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/exchange-rate-affects-embraer-results\/","title":{"rendered":"Exchange rate affects Embraer results"},"content":{"rendered":"<p>S&atilde;o Paulo &ndash; The exchange rate has affected the Brazilian aircraft manufacturing company Embraer&rsquo;s Q1 performance this year, causing it to report R$ 196 million (US$ 66.5 million) in losses. The company presented its Q1 results this Thursday (30th); aircraft deliveries also dropped. <\/p>\n<p>Embraer delivered 32 units: 20 commercial jets and 12 business jets. In Q1 last year, 34 aircraft were delivered &ndash; 14 commercial jets and 20 business jets. <\/p>\n<p>Embraer reported R$ 3.068 billion (US$ 1.042 billion) in revenues in Q1 this year, and R$ 2.928 billion (US$ 994.6 million) in Q1 2014. However, the R$ 241.9 million (US$ 82.1 million) profit from Q1 2014 did not repeat itself. <\/p>\n<p>The company said it had higher income tax expenses due to exchange rate fluctuation. Despite the poor results, Embraer shares were up 4.09% and selling for R$ 23.44 (US$ 7.96) at the S&atilde;o Paulo Stock Exchange as of 1:16 pm this Thursday.<\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Brazilian aircraft manufacturing company posted losses of US$ 66.5 million in quarter one this year, which it attributed to higher income tax spending associated with the US dollar hike.<\/p>\n","protected":false},"author":2316,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-50887","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"The Brazilian aircraft manufacturing company posted losses of US$ 66.5 million in quarter one this year, which it attributed to higher income tax spending associated with the US dollar hike.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/50887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=50887"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/50887\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=50887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=50887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=50887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}