Sales rise but profits fall at Embraer
Embraer announced first-quarter earnings of $65.3 million on net sales of $808.3 million, down from earnings of $96.5 million on sales of $763.3 million in the 2005 period. Firm order backlog stood at 341 jets valued at $10.4 billion. Embraer still expects to meet its forecast delivery of 145...
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