Americas

Embraer announces 19% y/y revenue increase

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Embraer announces 19% y/y revenue increase

Brazilian aircraft maker Embraer reported $717 million revenues in the first quarter of 2023, 19% up on 2022 and "in line" with what it had forecast. The company reported "cash consumption" of $399 million, which it said was "due to seasonality and in preparation for higher deliveries in the coming ...

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