Planemaker Embraer reaffirms guidance as net loss narrows
SAO PAULO (Reuters) -Brazilian planemaker Embraer SA reaffirmed full-year guidance after reporting a narrowing of first-quarter net losses as improved margins helped to offset a seasonal sales dip.
Source: www.reuters.com
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SAO PAULO (Reuters) - Brazilian planemaker Embraer SA on Thursday posted a first-quarter net loss of 428 million reais ($86.22 million), narrowing from a 522.9 million real loss in the same period last year.
($1 = 4.9642 reais)
Reporting by Gabriel Araujo; Editing by David Goodman
