Embraer has posted 2013 net profits of $346 million, down 0.8% from a net income of $348.6 million reported for 2012. Revenues for 2013 came to $6.24 billion, up 1.1% from 2012. Operating costs for the year were $4.82 billion, up 3% from 2012, resulting in $1.42 billion in gross profits for the full-year, down 5% from 2012’s gross profit of $1.49 billion. The Brazilian manufacturer more than doubled its 2012 fourth-quarter net profit of $122.7 million by earning $265 million net profit ...

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