Embraer raises 2026 guidance after record second-quarter revenue

SAO PAULO, Aug 10 (Reuters) - Brazilian planemaker Embraer reported a 10% jump in second-quarter revenue to 11.34 billion reais ($2.23 billion) on Monday, a record high for the period.

• Net profit at the world's third-largest aircraft manufacturer rose 25% year on year to 1.11 billion reais.
• EBITDA increased 30% to 1.81 billion reais.
• Embraer said its Defense & Security arm remained a standout performer, with revenue rising 22% from a year earlier, driven by stronger revenue for KC-390 Millennium aircraft.
• The company delivered 65 aircraft in the second quarter, comprising 45 executive jets and 20 commercial jets.
• Embraer raised its 2026 free cash flow forecast to $400 million or more, from previous guidance of $200 million or more.
• The company now expects an adjusted EBIT margin between 10.0% and 10.6% this year, up from a previous forecast of 8.7% to 9.3%.
• Aircraft deliveries and consolidated revenue remained unchanged.

($1 = 5.0854 reais)