{"id":337694,"date":"2011-03-25T11:03:17","date_gmt":"2011-03-25T11:03:17","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/03\/25\/embraer-profits-and-revenue-slide\/"},"modified":"2011-03-25T11:03:17","modified_gmt":"2011-03-25T11:03:17","slug":"embraer-profits-and-revenue-slide","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/03\/25\/embraer-profits-and-revenue-slide\/","title":{"rendered":"Embraer profits and revenue slide"},"content":{"rendered":"<p><div readability=\"50.3079365079\">\n    \t\t  <span><br \/>\n    <span>25 March 2011<\/span><br \/>\n<span>Last updated at <\/span><span>07:03 ET<\/span><br \/>\n<\/span><\/p>\n<p>Brazil&#8217;s Embraer, one of the world&#8217;s largest aeroplane makers, has reported a fall in profits in 2010 and forecast fewer deliveries this year.<\/p>\n<p>Net profit came in at $345.4m (\u00a3214.3m) compared with $478.9m a year earlier. Revenue fell slightly to $5.36m.<\/p>\n<p>The firm warned that unrest in the Middle East and the Japanese earthquake could undermine the industry&#8217;s recovery and could lead to fewer jet deliveries.<\/p>\n<p>However, it said it expected revenue to rise to $5.6bn in 2011.<\/p>\n<p>The firm delivered 246 aircraft in 2010, but forecast 220 deliveries this year.<\/p>\n<p>But it said that despite the recent appreciation in the Brazilian real, and a rise in wages of about 10% following a settlement with unions at the end of last year, it expected earnings to grow in 2011.<\/p>\n<\/p><\/div>\n<\/p>\n<p>See original here:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.bbc.co.uk\/go\/rss\/int\/news\/-\/news\/business-12859227\" title=\"Embraer profits and revenue slide\" rel=\"noopener noreferrer\">Embraer profits and revenue slide<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> 25 March 2011 Last updated at 07:03 ET Brazil&#8217;s Embraer, one of the world&#8217;s largest aeroplane makers, has reported a fall in profits in 2010 and forecast fewer deliveries this year. <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-337694","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - 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