{"id":1560,"date":"2024-12-11T00:09:26","date_gmt":"2024-12-11T00:09:26","guid":{"rendered":"https:\/\/airshowsinternationalmagazine.com\/?p=1560"},"modified":"2024-12-11T00:09:26","modified_gmt":"2024-12-11T00:09:26","slug":"embraer-is-full-investment-grade-by-the-3rd-main-rating-agency","status":"publish","type":"post","link":"https:\/\/airshowsinternationalmagazine.com\/?p=1560","title":{"rendered":"Embraer is full Investment Grade by the 3rd main rating agency"},"content":{"rendered":"\n<p><strong><em>ASIM, dec 10<\/em><\/strong><\/p>\n\n\n\n<p>Embraer (NYSE: ERJ; B3: EMBR3) has received an additional Investment Grade rating, this time from Moody\u2019s. The agency raised the company\u2019s credit rating from Ba1 to Baa3, with a positive outlook. This is the third agency to grant Embraer the classification this year, following S&amp;P Global Ratings in February and Fitch Ratings in September.<\/p>\n\n\n\n<p>In its report, Moody\u2019s highlights the continued improvement in credit metrics, financial policy and liquidity as reasons for the company\u2019s achievement of Investment Grade status. These factors are related to the gradual recovery in deliveries, an increased backlog and operational performance. Additionally, the reduction in debt, driven by the strong generation of free cash flow, strengthened the company\u2019s position.<\/p>\n\n\n\n<p>\u201cOur focus on efficiency and financial discipline are important differentiators, alongside our modern and competitive portfolio. These attributes ensure the success of our strategy and sustainable business growth, in addition to the strong engagement of our employees,\u201d says Embraer CFO, Antonio Carlos Garcia.<\/p>\n\n\n\n<p>A leader in the manufacture of commercial jets with up to 150 seats and the largest exporter of high technology in Brazil, the company is well positioned in all its segments \u2013 Commercial Aviation, Executive Aviation, Defense &amp; Security and Services &amp; Support. With a backlog at its highest level in nine years, totaling US$ 22.7 billion in the third quarter, the company is projected to end 2024 with revenue between US$ 6.0 billion and US$ 6.4 billion and an adjusted EBIT margin between 9.0% and 10.0%.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"534\" src=\"https:\/\/airshowsinternationalmagazine.com\/wp-content\/uploads\/2024\/12\/image-21.png\" alt=\"\" class=\"wp-image-1562\" srcset=\"https:\/\/airshowsinternationalmagazine.com\/wp-content\/uploads\/2024\/12\/image-21.png 800w, https:\/\/airshowsinternationalmagazine.com\/wp-content\/uploads\/2024\/12\/image-21-300x200.png 300w, https:\/\/airshowsinternationalmagazine.com\/wp-content\/uploads\/2024\/12\/image-21-768x513.png 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>ASIM, dec 10 Embraer (NYSE: ERJ; B3: EMBR3) has received an additional Investment Grade rating, this time from Moody\u2019s. The agency raised the company\u2019s credit rating from Ba1 to Baa3, with a positive outlook. This is the third agency to grant Embraer the classification this year, following S&amp;P Global Ratings in February and Fitch Ratings [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1561,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-1560","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/airshowsinternationalmagazine.com\/index.php?rest_route=\/wp\/v2\/posts\/1560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/airshowsinternationalmagazine.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/airshowsinternationalmagazine.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/airshowsinternationalmagazine.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/airshowsinternationalmagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1560"}],"version-history":[{"count":1,"href":"https:\/\/airshowsinternationalmagazine.com\/index.php?rest_route=\/wp\/v2\/posts\/1560\/revisions"}],"predecessor-version":[{"id":1563,"href":"https:\/\/airshowsinternationalmagazine.com\/index.php?rest_route=\/wp\/v2\/posts\/1560\/revisions\/1563"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/airshowsinternationalmagazine.com\/index.php?rest_route=\/wp\/v2\/media\/1561"}],"wp:attachment":[{"href":"https:\/\/airshowsinternationalmagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/airshowsinternationalmagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/airshowsinternationalmagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}