Embraer boosts net revenue forecast as deliveries set to increase in 2023
Embraer boosted its net revenue forecast for 2023 as it expects supply chain disruptions to gradually ease and aircraft deliveries to increase, sending its shares higher.
The company, which in 2022 met the lower-end of its $4.5-5.0 billion net revenue forecast, said it expects to reach a net revenue of between $5.2 billion and $5.7 billion this year, which would represent growth of as much as 27%.
