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Embraer fulfils more than half of 2020 aircraft deliveries in Q4

Embraer also ended the year with a total company firm order backlog of was $14.4 billion.

Revenues during Q4 were $1,841.4 million, while the fiscal year saw revenues of $3,771.1 million, representing year-over-year declines of 11.7 per cent and 31 per cent, respectively.

Excluding special items, adjusted EBIT and EBITDA were $76.6 million and $145.6 million, yielding adjusted EBIT margin of 4.2% and adjusted EBITDA margin of 7.9%.

Embraer finished the year with total cash of $2.8 billion, the same as the $2.8 billion in cash it had at the end of 2019.

It also declined to publish 2021 financial and delivery guidance due to continued uncertainty related to the Covid-19 pandemic and its impacts on the industry.

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