{"id":53488,"date":"2016-03-03T19:37:00","date_gmt":"2016-03-03T21:37:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/embraer-revenues-up-but-profit-shrinks\/"},"modified":"2019-06-30T12:54:22","modified_gmt":"2019-06-30T15:54:22","slug":"embraer-revenues-up-but-profit-shrinks","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/embraer-revenues-up-but-profit-shrinks\/","title":{"rendered":"Embraer revenues up, but profit shrinks"},"content":{"rendered":"<p>S&atilde;o Paulo &ndash; The Brazilian aircraft manufacturer Embraer grossed BRL 20.3 billion in 2015, up 3.5% from 2014, it reported this Thursday (3rd). Net income was BRL 425.8 million in Q4, but whole-year net income was down 69.6% to BRL 241.6 million.<\/p>\n<p>The company said it had to make a BRL 390.6 million provision in its Q4 results because one of its clients, Republic Airways, has filed for bankruptcy. That weighed down on both Q4 and year-round results, according to Embraer. <\/p>\n<p>Last year, Embraer delivered 101 airliners. In 2014, it had delivered 92 units. Executive jet deliveries also increased, from 116 in 2014 to 120 in 2015. The company&rsquo;s firm order backlog stood at BRL 22.5 billion, up BRL 1.6 billion from the preceding year. Embraer voting shares slid 13.99% to BRL 25.03.<\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Brazilian aircraft manufacturing company grossed in excess of BRL 20 million in 2015, up 36% from 2014, but net income was down nearly 70% to USD 241.6 million.<\/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-53488","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"The Brazilian aircraft manufacturing company grossed in excess of BRL 20 million in 2015, up 36% from 2014, but net income was down nearly 70% to USD 241.6 million.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/53488","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=53488"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/53488\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=53488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=53488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=53488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}