SAO PAULO, Aug 5 (Reuters) - Brazilian planemaker
Embraer ( ERJ ) on Tuesday reaffirmed its 2025 outlook and
said U.S. tariffs did not significantly affect its
second-quarter results, even as it described the levies as a
"major concern" amid ongoing trade uncertainties.
The company
avoided a potential setback
last week when U.S. President Donald Trump exempted
aircraft from a 50% tariff imposed on U.S. imports from Brazil,
but still faces a 10% duty first imposed in April, which it
indicated was harmful but manageable.
As it reported its April-June earnings, Embraer ( ERJ ) said it
advocates for a "swift return to zero tariff rules for all
aviation and aerospace industries" and again sought to
underscore its ties to the U.S., including local jobs and
investments.
Embraer ( ERJ ), whose E175 narrowbody is a workhorse of U.S.
regional aviation, flagged last month that a 50% tariff from its
No. 1 market could have triggered order cancellations, deferred
deliveries and
hammered its revenue
like the pandemic did.
Following last week's relief, Embraer ( ERJ ) now reiterated it
expects to deliver between 77 and 85 commercial aircraft this
year, and 145 to 155 executive jets. Full-year net revenue is
forecast to hit $7 billion to $7.5 billion.
The company on Tuesday posted an adjusted net loss of
$4.7 million for the period, down from a profit of $80.4 million
a year earlier, weighed by a net change in deferred income tax
and social contribution.
Adjusted earnings before interest, taxes, depreciation and
amortization (EBITDA) reached $245.5 million, up from $190.4
million a year earlier. Net revenue came in at $1.82 billion, a
22% year-on-year increase.