Embraer balance sheet: company sees growth in 2024 – 03/18/2024 – Market
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Brazilian plane maker Embraer expects its aircraft deliveries to grow in 2024, the company said on Monday.
The world’s third-largest planemaker, behind Boeing and Airbus, has estimated it will deliver between 125 and 135 business jets this year, compared with 115 in 2023.
In commercial aviation, the company expects to deliver between 72 and 80 planes, up from the 64 aircraft dispatched last year.
The company also predicted growth of up to 21.5% in annual consolidated revenue, to a range of $6 billion to $6.4 billion. In 2023, annual revenue was $5.27 billion, within the estimated range of $5.2 billion to $5.7 billion.
Embraer also reported that it had adjusted net profit in the fourth quarter of 350.6 million reais, an increase of 55% compared to the previous year.
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