SAO PAULO, March 18 (Reuters) - Brazilian planemaker
Embraer ( ERJ ) expects both its aircraft deliveries and
revenues to grow in 2024, the company said on Monday.
The world's third-largest planemaker behind Boeing ( BA )
and Airbus estimated it will deliver between 125
and 135 executive jets this year, compared with 115 in 2023.
Deliveries from its commercial aviation segment are
expected to be between 72 and 80 planes, up from the 64 aircraft
it delivered last year.
It also forecast a growth of up to 21.5% in annual
consolidated revenue to a range of $6.0 billion to $6.4 billion.
In 2023, its yearly revenue landed at $5.27 billion, within its
estimated range of $5.2 billion to $5.7 billion.
Embraer ( ERJ ) reported a fourth-quarter adjusted net profit of
350.6 million reais ($70.20 million), up 55% from a year
earlier.
($1 = 4.9943 reais)