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Embraer swings to profit, holds 2017 performance targets
October 27, 2017 / 9:35 AM / 23 days ago

Embraer swings to profit, holds 2017 performance targets

SAO PAULO, Oct 27 (Reuters) - Brazilian planemaker Embraer SA on Friday posted third-quarter net income of 351 million reais ($107 million) versus a net loss of 111 million a year earlier, a securities filing showed on Friday.

The world’s third-largest commercial planemaker reported its earnings before interest, taxes, depreciation and amortization more than doubled to 454 million reais.

$1 = 3.29 reais Reporting by Brad Haynes; editing by Jason Neely

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