Brazil's Embraer holds 2013 targets on strong 4th qtr outlook

SAO PAULO Thu Oct 31, 2013 11:34am EDT

SAO PAULO Oct 31 (Reuters) - Brazilian planemaker Embraer SA expects a strong fourth quarter to help the company meet its full-year targets for deliveries and operating margins, Chief Financial Officer Jose Antonio Filippo said on a Thursday conference call.

Embraer posted a 19 percent drop in profit on Thursday because it delivered smaller, less profitable aircraft, underlining questions about its profit margin targets.

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.