Embraer Releases Third Quarter 2012 Results
SAO JOSE DOS CAMPOS, Brazil, Oct. 23, 2012 /PRNewswire/ -- Embraer's (BM&FBOVESPA: EMBR3, NYSE: ERJ):
Highlights
- During the 3rd quarter of 2012 (3Q12) Embraer delivered 27 jets to the commercial aviation market and 13 to the executive aviation market (11 light jets and 2 large jets);
- 3Q12 Revenues and Gross margin reached US$ 1,404.5 million and 25.3%, respectively;
- 3Q12EBIT and EBITDA margins were 7.2% and 11.8%, respectively. However if not for the non-recurring events related to the Chautauqua Airlines Inc. restructuring program, EBIT and EBITDA margins for the period would have reached 10.2% and 14.8%, respectively.;
- 3Q12 Net income attributable to Embraer Shareholders and Earning per ADS basic totaled US$ 65.2 million and US$ 0.3594, respectively;
- Embraer opened two new Centers of Excellence in Evora, Portugal;
- Embraer was listed for the third consecutive year on the Dow Jones Sustainability Index.
Main financial indicators
in millions of U.S dollars, except % and per share data | |||||
IFRS | (2) | (1) | (1) | (1) | |
2Q12 | 3Q11 | 3Q12 | YTD12 | ||
Revenues | 1,717.3 | 1,363.6 | 1,404.5 | 4,277.7 | |
EBIT | 197.4 | 124.2 | 100.9 | 384.1 | |
EBIT Margin % | 11.5% | 9.1% | 7.2% | 9.0% | |
EBITDA | 265.2 | 188.3 | 166.0 | 579.4 | |
EBITDA Margin % | 15.4% | 13.8% | 11.8% | 13.5% | |
Net income attributable to Embraer Shareholders | 54.8 | 1.9 | 65.2 | 224.6 | |
Earnings per share - ADS basic (US$) | 0.3023 | 0.0103 | 0.3594 | 1.2380 | |
Net Cash | 290.2 | 193.4 | 123.2 | 123.2 | |
(1) Derived from unaudited financial information. (2) Reclassified | |||||
For additional information, please check the full document in our website: http://ri.embraer.com.br
Investor Relations
Luciano Froes, Caio Pinez, Claudio Massuda , Juliana Villarinho and Paulo Ferreira
(+55 12) 3927-4404
investor.relations@embraer.com.br
Follow Embraer's IR Department on twitter: @IREmbraer
CONFERENCE CALL INFORMATION
Embraer will host a conference call to present its 3Q12 Results in IFRS on Wednesday, October 24th, 2012 at 10:30AM (SP) / 08:30AM (NY). The conference call will also be broadcast live over the web at http://ri.embraer.com.br
Telephones:
Operator Assisted (US/ Canada) Toll-Free Dial-In Number: (877) 846-1574
Operator Assisted International Dial-In Number: (+1 708) 290-0687
Your own International Toll-Free number for Brazil: 0800 047 4803 (land line) and 0800 047 4801 (cell phone)
Code: 26040633
SOURCE Embraer
RELATED LINKS
http://ri.embraer.com.br
Featured Video
Journalists and Bloggers
Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.
View and download archived video content distributed by MultiVu on The Digital Center.
Custom Packages
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.