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Embraer Record Record 2024 income, deliveries

Dallas -Embraer (ERJ) generated sales of $ 6.4 billion in 2024, an increase of 21% compared to the previous year. The company delivered 206 aircraft, 14% more than in 2023, and recorded an adjusted EBIT margin of 11.1% and USD 675.6 million to Free Cashflow.

Erj's backlog accelerated to 26.3 billion US dollars, a solid market position in Commercial Aviation and other jets markets.

“Our performance of 2024 shows a strong demand, operational excellence and discipline,” said Erj President and CEO Francisco Gomes Neto. The deficit, “combined with credit ratings for investment grade loans, positions us for long-term growth”.

In 2025, ERJ is expected to deliver 77-85 commercial frames and 145-155 Executive jets with an estimated sales between $ 7.0 and $ 7.5 billion.

Commercial aviation: E2 jets lead growth

In 2024, he delivered 73 trading aircraft, of which 47 E2 jets of the next generation were and 26 E1 jets of the first generation. The E2 family now accounts for 64% of commercial deliveries, compared to 50% in 2023.

The efficiency of the E2 family, the lower emissions and reach have controlled strong worldwide demand. Therefore, the ERJ Commercial Aircraft backlog is healthy and contributes to a record of $ 26.3 billion.

ERJ predicted 77-85 commercial aircraft deliveries in 2025, which corresponds to growth of 5 to 16% over 2024.

Financial performance: profitability, cash flow, investment grade -rating

Erjs 2024 adjusted EBIT was 708.2 million US dollars with a margin of 11.1%, which was above the guidelines. The adapted EBIT without Boeing-related arbitration was $ 558.2 million (8.7% margin).

The company produced a Free Cashflow of 675.6 million US dollars supported by:

  • Higher aircraft deliveries
  • Solid sales performance and payments before submitting (PDPS)
  • A successful Boeing arbitration result

Erj reduced his ratio of net debt to EBITDA to 0.1x (from 1.4x in 2023) and improves financial flexibility. Moody's improved ERJS Kreditrating on BAA3 (investment grade) according to S&P and Fitch, which reflects lower credit costs and increased trust of investors.

“The achievement of investment grade status for all three US rating agencies is a performance for Embraer,” said CFO Antonio Carlos Garcia. “This enables our customers and investments in future growth more competitive funds.

Instructions for 2025: Sustainable growth ahead

For 2025, he set the following goals:

  • 77-85 commercial aircraft deliveries
  • 145-155 Executive Jet deliveries
  • US $ 7.0 to $ 7.5 billion in total sales
  • Adapted EBIT margin between 7.5% and 8.3%
  • At least 200 million US dollars on Free Cashflow

Although the EBIT margins will probably decrease slightly from 2024 levels, Erj concentrates on supply chain management, operating efficiency and production calibility.

“We also try to achieve continued expansion in 2025 with a strong gap, E2 -Jet penetration gains and a firm demand from our companies,” added Neto.

Ordering behind reaches record of 26.3 billion US dollars

ERJ's deficit reached $ 26.3 billion and rose by 40% compared to the previous year and made visibility and financial stability for production for four years. Commercial aviation: high demand for E2 jets

With a strong order book and an improvement in profitability, ERJ is well positioned for further growth in 2025.

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