Key facts
- Embraer's Q2 net profit increased 25% to 1.11 billion reais ($218.3 million).
- Q2 revenue reached a record 11.34 billion reais, up 10% year-on-year.
- EBITDA rose 30% to 1.81 billion reais, with an adjusted EBITDA margin of 10.5%.
- The company's backlog hit an all-time high of $29.7 billion.
- SAS ordered 45 E195-E2s with 10 options, and SkyWest purchased 60 E175s with 50 options.
Brazilian planemaker Embraer reported a 25% year-on-year increase in second-quarter net profit to 1.11 billion reais ($218.3 million), alongside a record quarterly revenue of 11.34 billion reais, up 10% from the previous year. EBITDA surged 30% to 1.81 billion reais, with an adjusted EBITDA margin of 10.5%.
Deliveries increased by 30% year-over-year, contributing to the company's backlog reaching an all-time high of $29.7 billion. Key orders included SAS placing an order for 45 E195-E2 aircraft with 10 options, and SkyWest purchasing 60 E175s with 50 options. The Commercial Aviation division's backlog now stands at $13.1 billion, while Executive Aviation posted record revenue of approximately $550 million and a backlog of $7.4 billion.