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Embraer: net drop in the second quarter 2007 profits

Sao José dos Campos, Brazil - Equal to 49%

Second Quarter dropping in the Embraer accounts. Embraer, Brazilian company one of the world's leading manufacturer of commercial jets, reported a second quarter 2007 net profits dropped 49% (equal to Real 79.7 million, about EUR 29.2 million) as production costs rose sharply with the hiring of thousands of new employees, resulting from an increase of the sector request. SQ 2007 revenue was virtually...

AVIONEWS - World Aeronautical Press Agency - 1078165
Rome, Italy, 08/20/2007 13:55
AVIONEWS - World Aeronautical Press Agency

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