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Embraer keeps 2025 outlook, US tariffs had limited impact on quarterly results
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Embraer keeps 2025 outlook, US tariffs had limited impact on quarterly results
Aug 5, 2025 5:30 AM

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.

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