Welcome to our dedicated page for Embraer news (Ticker: ERJ), a resource for investors and traders seeking the latest updates and insights on Embraer stock.
Embraer S.A. reports news on its aerospace manufacturing business, including commercial aircraft, executive jets, and defense aircraft. Recurring updates cover E-Jet and E2 aircraft orders, aircraft deliveries, backlog, quarterly earnings, and program activity across Commercial Aviation, Executive Aviation, Defense & Security, and related support operations.
Company announcements also include capital-market and shareholder matters, such as senior note tender offers, new debt issuance, share buyback authorizations, equity swap arrangements tied to share-based compensation plans, and material facts filed under Brazilian corporate and CVM disclosure rules.
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Embraer (NYSE: ERJ) reported 15 jet deliveries in Q1 2023, marking a 7% increase from the previous year. The backlog on March 31 reached US$ 17.4 billion. Of the jets delivered, seven were commercial and eight were executive, including two Phenom 100 and four Phenom 300 light jets. The Phenom 300 series retains its title as the best-selling light jet globally for the 11th year, with over 700 deliveries.
Embraer also signed a services contract with the Philippine Air Force for the A-29 Super Tucano fleet and expanded its sustainable aircraft collaboration with Air New Zealand. The firm remains a leader in the production of commercial jets up to 150 seats and has delivered over 8,000 aircraft since its inception.
Embraer S.A. has filed its Form 20-F report for the fiscal year ended 2022 with the U.S. SEC. This filing is essential for providing detailed financial performance and operational insights to investors and stakeholders. The report can be accessed through various online platforms, including the SEC and Embraer Investor Relations websites. Shareholders can request a free hardcopy of the Annual Report 20-F by contacting the Investor Relations Department. This step enhances transparency and keeps investors informed about Embraer's financial health and business strategies.
Embraer delivered 80 jets in Q4 2022, including 30 commercial and 50 executive jets, increasing total deliveries by 12.7% over 2021. The firm order backlog reached US$ 17.5 billion, up US$ 500 million year-over-year. Quarterly revenues soared to US$ 2.0 billion, a 53% increase from Q4 2021, while FY 2022 revenues totaled US$ 4.5 billion. Adjusted EBIT rose significantly to US$ 166.2 million, yielding margins of 8.3% and 11.5%. Full-year free cash flow was US$ 540.1 million. The 2023 guidance indicates commercial jet deliveries of 65-70 and revenues between US$ 5.2 and US$ 5.7 billion.
Embraer (NYSE: ERJ) reported the delivery of 80 jets in 4Q22, totaling 159 for the year, marking a 12.7% increase from 2021. The firm order backlog reached US$ 17.5 billion as of December 31, 2022. In 4Q22, the company confirmed a US$ 1.17 billion order for 15 E195-E2 aircraft and an additional order from Binter worth US$ 389.4 million. The E190-E2 received certifications in location value="LC/cn"China and location value="LC/ca"Canada, enhancing its market presence. The Executive Aviation segment also demonstrated growth with 50 jet deliveries.