The losses of the aeronautical company in the first half of 2025 stand in stark contrast to the net profits of 352 million reais (55.19 million euros) recorded during the same period last year.
In the second quarter, Embraer lost 53 million reais (approximately 8.31 million euros), compared to profits of 415 million reais (65.07 million euros) in the second quarter of 2024.
Revenues reached 16.68 billion reais (2.62 billion euros) for the semester, marking a 35% year-over-year increase.
The company emphasized in its financial report that the minimum 10% tariff announced in April by the US, its main market, “did not significantly affect” second-quarter results.
Conversely, Embraer and the Brazilian aviation sector were exempt from the 50% tariff signed last week by US President Donald Trump on most imports from the South American country, set to take effect Wednesday.
During the second quarter, the manufacturer delivered 61 aircraft, a 30% increase over the previous year, adding to the 30 aircraft delivered in the first three months of the year.
Adjusted EBITDA for the first half was 1.46 billion reais (230 million euros), a 90% increase over the previous year.
For 2025, Embraer maintained its forecast to deliver between 77 and 85 commercial planes and between 145 and 155 light aircraft, with total revenues of up to 6.48 billion euros.
Embraer is a leading global manufacturer of commercial aircraft up to 150 seats, boasting over 100 clients worldwide and maintaining industrial units, offices, service centers, and parts distribution centers, among other activities, in the Americas, Africa, Asia, and Europe.
In Portugal, Embraer holds a majority stake of 65% in OGMA – Indústria Aeronáutica de Portugal, located in Alverca.
