Embraer(US:ERJ) Prnewswire·2025-02-27 16:09Core Insights - Embraer S.A. reported its fourth quarter and fiscal year 2024 earnings results, highlighting significant revenue growth and improved financial metrics [1] Financial Performance - Total revenues reached US$2,311 million in Q4 2024 and US$6,395 million for the full year 2024, marking a 21% year-over-year increase and the highest level ever recorded [4] - Adjusted EBIT for Q4 2024 was US$265.1 million with an 11.5% margin, while for the full year, it was US$708.2 million with an 11.1% margin, exceeding guidance [4] - Adjusted free cash flow for Q4 2024 was US$995.5 million, and US$675.6 million for the full year, supported by increased aircraft deliveries and strong sales performance [4] Deliveries and Backlog - Embraer delivered 75 jets in Q4 2024, including 31 commercial jets and 44 executive jets, and a total of 206 aircraft for the year, a 14% increase from 181 aircraft delivered in the previous year [4] - The firm order backlog reached US$26.3 billion in Q4 2024, the largest in the company's history, representing over 40% year-over-year growth and 16% quarter-over-quarter growth [4] Guidance for 2025 - The company anticipates delivering between 77 and 85 commercial aircraft and between 145 and 155 executive aircraft in 2025 [4] - Projected total revenues for 2025 are expected to be in the range of US$7.0 to US$7.5 billion, with an adjusted EBIT margin between 7.5% and 8.3% [4]