Economy
Embraer reports 15.6% drop in adjusted profit for the third quarter
The aircraft manufacturer achieved record revenue of R$ 12.1 billion and raised its financial projections for the end of 2026, driven by deliveries and its backlog.
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The essentials of this story
- What happened
- Embraer reported an adjusted net income of R$ 379.8 million and record revenue of R$ 12.1 billion in the third quarter of 2026.
- Who is affected
- Investors, the financial market, and the aerospace sector.
- What changes
- Adjusted profit fell 15.6% year-over-year, while revenue rose 11%, the order backlog reached US$ 35.7 billion, and the company raised its projections for the year.
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