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Embraer profits down slightly for 2013

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Embraer profits down slightly for 2013

Brazilian aircraft manufacturer Embraer has reported a net profit of $346 million for 2013, which is down just 0.8% over 2012 results. 2013 revenues rose 1.1% to $6.24 billion, while operating costs rose 3% to $4.82 billion. As a result, gross profit dropped 5% to $1.42 billion. Embraer finished the...

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