Embraer earns $110 million 1Q net profit

Embraer posted a first-quarter net profit of $110 million, more than tripling net income of $30 million in the year-ago period, on a 13.8% year-over-year rise in revenue to $1.24 billion. “The company’s firm order backlog grew to $19.2 billion, reaching its highest level since the second quarter of...

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