Air Data News
• Ricardo Meier
Embraer posts record Q1: revenue up 31% to $1.4B, operating profit up 52% as defense demand boosts margins and backlog hits $32.
Embraer reported record first-quarter results, lifting revenue 31% year over year to $1.4 billion and pushing operating profit 52% higher. Defense product demand helped support profitability, while first-quarter deliveries rose 30% to $418 million. Firm order backlog climbed to a record $32.1 billion.
