sector: Industrials ·
industry: Aerospace & Defense ·
As of
12:45am IST
8.74BRL
Embraer-Empresa Brasileira de Aeronautica SA (Embraer) is a Brazil-based company engaged in the manufacture of aircrafts for commercial aviation, executive jet and defense and government purposes. The Company has developed a line of executive jets based on one of its regional jet platforms and launched executive jets in the entry-level, light, ultra-large and mid-light/mid-size categories, the Phenom 100/300 family, the Lineage 1000 and the Legacy 450/500 family, respectively. The Company supplies defense aircraft for the Brazilian Air Force based on number of aircraft sold, and sells aircraft to military forces in Europe, Asia and Latin America. In July 2008, the Company acquired a 40% interest owned by Liebherr Aerospace SAS in ELEB–Equipamentos Ltda (ELEB). ELEB is an aerospace system and component manufacturer, and its products include landing gear systems, hydraulics and electro-mechanical sub-assemblies, such as actuators, valves, accumulators and pylons.
BRIEF: For the six months ended 30 June 2009, Embrear-Empr Brasileira Aeronautica SA's total revenue increased 13% to R$5.69B. Net income for the period decreased 1% to R$505.2M. Total revenue reflects favorable market conditions as well as an increase in demand for the Company's products and services. Net income for the period was offset by a decrease in interest income, as well as an increase other operating expenses.
Embraer - Empresa Brasileira de Aeronautica S.A.
Av. Brigadeiro Faria Lima,
2170, Putim
Sao Jose dos Campos 12227-901
P: +5512.39271216
F: +5512.39276070