Urgent.News

the world's headlines, one feed

Editions

Finance & Markets

Embraer grows profit 38% to $218.6m in Q2

Brazilian aircraft manufacturer Embraer announced a 38% surge in Q2 2026 adjusted net income to $218.6 million, driven by higher revenue and strong operati Read More: https://punchng.com/embraer-grows-profit-38-to-218-6m-in-q2/

Embraer grows profit 38% to $218.6m in Q2

Brazilian aircraft manufacturer Embraer reported a 38.4% increase in adjusted net income to $218.6 million in Q2 2026, according to its financial results released on Monday, 10 August 2026. Revenue rose 23% year-on-year to $2.2 billion, marking the company's highest quarterly revenue ever. The strong performance was attributed to better operating results, increased sales-related pre-downpayment inflows, and an extraordinary tax credit.

Embraer raised its full-year guidance for 2026, projecting an adjusted EBIT margin between 10% and 10.6% and adjusted free cash flow (excluding Eve) of over $400 million. The company delivered 65 aircraft in Q2, a 17% increase compared to the same period in 2025, with 20 commercial aircraft and 45 executive jets. Embraer's Defence and Security division did not record any aircraft deliveries.

The executive aviation business generated $725 million in revenue, a 32% increase from Q2 2025, while the Defence & Security business saw revenue grow 38% year-on-year to $304 million, driven by higher KC-390 Millennium revenue recognition.

Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.

Also reported by 1 other outlet

Read the original at punchng.com →

More in Finance & Markets

KOSPI Triggers Buy-Side Sidecar After Chip Rally

A temporary suspension of the validity of program buy orders, or a buy-side sidecar, was triggered on the KOSPI market after the KOSPI 200 futures index jumped more than 5% from the previous session’s…

  • KOSPI triggered buy-side sidecar on August 12
  • KOSPI 200 futures index surged over 5%
  • Semiconductor stocks jumped more than 7%

Gold Holds Above $4,370, Silver Slides as Hormuz Risk Meets Inflation Jitters

Gold settled down 0.70% at US$4,371/oz on Tuesday while silver lost 1.59% to US$64.78/oz as a Strait of Hormuz oil spike revived dollar demand ahead of US infla The post Gold Holds Above $4,370…

  • Gold held above $4,370 despite Hormuz risk and inflation concerns
  • Silver declined 1.59% to $64.78 amid stronger dollar and lower equity futures
  • Latin American mining operations, especially Mexico and Peru's, felt the impact