Brazil planemaker Embraer loses 467 million reais in second quarter

The Brazilian aviation company Embraer factory is seen in Sao Jose dos Campos, Brazil, July 24, 2018. Picture taken July 24, 2018. REUTERS/Roosevelt Cassio - Copyright ROOSEVELT CASSIO(Reuters)

By Reuters

Published on 31/07/2018 - 12:34•Updated 20/04/2024 - 00:53

Comments

SAO PAULO (Reuters) - Brazilian planemaker Embraer SA <EMBR3.SA> on Tuesday reported a second-quarter net loss of 467 million reais ($125.22 million), down from a net income of 201 million reais a year earlier, according to a securities filing.

Earnings before interest, taxes, depreciation and amortization (EBITDA) fell by 83 percent from a year earlier to 140 million reais.