Embraer reported on Wednesday net income of R$11.1 million for the fourth quarter, reversing a loss of R$7.7 million suffered a year earlier.
The company calculated a cash generation measured by earnings before interest, taxes, depreciation and amortization (Ebitda) of R$ 107 million from October to December.
Fourth quarter net revenue totaled R$7.3 billion, a 25% annual decline. Analysts, on average, expected revenue of R$4.95 billion, according to Refinitiv data.
The company has estimated deliveries of 60 to 70 commercial planes and 100 to 110 executive jets this year. The outlook for EBITDA margin is adjusted from 8% to 9%, with revenue between US$4.5 billion and US$5 billion.
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