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Embraer
Brazil · Oem · EMBJ · NYSE
Embraer posts record Q2 revenue of $2.2bn, raises margin guidance
Embraer (EMBJ) delivered 65 aircraft in the second quarter, its most in 16 years, and revenue rose 23% to a record $2.2bn. Adjusted EBIT was $297m (13% margin) and adjusted net income $219m. Delivery guidance is unchanged, but the adjusted EBIT margin outlook rises to 10–10.6%. The firm backlog is at an all-time high of $34.5bn.
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