EMBRAER REVENUES, PROFIT DOWN IN 2006 DESPITE GROWING BACKLOG
Brazilian plane-maker Embraer last week reported a $22.5 million drop in net revenues and a $55.6 million decrease in net income in fiscal 2006 despite a growing backlog that reached a record high of $14.8 billion. Embraer revenues for fiscal 2006 totaled $3.807 billion and net income slid to $390.1...
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