2014

Embraer Releases First Quarter 2012 Results

SAO JOSE DOS CAMPOS, Brazil, April 26, 2012 /PRNewswire/ -- Embraer's (BM&FBOVESPA: EMBR3, NYSE: ERJ).

HIGHLIGHTS:

  • In the first quarter of 2012 (1Q12), Embraer delivered 21 commercial and 13 executive (12 light and 1 large) jets, surpassing the 20 commercial and eight executive jets delivered in the same period of 2011;
  • As a result of aircraft deliveries, coupled with revenues from aviation services and the Company's growing Defense and Security business, 1Q12 Revenues reached US$ 1,155.9 million and gross margin was 23.2% for the period;
  • EBIT and EBITDA margins were 7.4% and 12.8% respectively, in 1Q12, in line with Company expectations;
  • Net income attributable to Embraer and Earnings per ADS totaled US$ 62.7 million and US$ 0.3463, respectively, in 1Q12;
  • Net cash position totaled US$ 301.8 million.

MAIN FINANCIAL INDICATORS:

in million of U.S dollars, except % and per share data

IFRS

4Q11

1Q11

1Q12

Revenues

2.025,1

1.055,7

1.155,9

EBIT

(5,9)

94,3

85,7

EBIT Margin %

-0,3%

8,9%

7,4%

EBITDA

59,2

156,3

148,1

EBITDA Margin %

2,9%

14,8%

12,8%

Adjusted Net Income (Loss) ³

(140,4)

91,3

65,2

Net income (loss)  attributable to Embraer Shareholders

(91,8)

105,1

62,7

Earnings (loss) per share - ADS basic (US$)

(0,5072)

0,5810

0,3463

Net Cash

445,7

504,9

301,8



For additional information, please check the full release in our website:
http://www.embraer.com/Documents/noticias/054-Embraer%20Results%201Q12-VPF-Ins-I-12.pdf

Contact:
Investor Relations
Andre Gaia, Caio Pinez, Claudio Massuda, Juliana Villarinho and Paulo FerreiraBrazil: (+55 12) 3927-4404
Luciano Froes - North America: (+001) 954 359 3492
investor.relations@embraer.com.br

SOURCE Embraer S.A.



More by this Source


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.