Embraer releases second quarter 2015 results

Embraer has stated that in the second quarter of 2015, it delivered 27 commercial and 33 executive (26 light and 7 large) jets. Deliveries in the first half of 2015 were 47 commercial jets and 45 executive (36 light and 9 large) jets. The company’s firm order backlog ended 2Q15 at $22.9 billion, the highest in Embraer’s history. This compares to $20.4 billion in backlog at the end of 1Q15 and $20.9 billion at the end of 2014.

As a result of aircraft deliveries, coupled with revenues from the company’s Defense & Security business, 2Q15 revenues were $1,513.2 million; – EBIT and EBITDA margins were 6.8 per cent and 11.7 per cent, respectively, in 2Q15.