SAO JOSE DOS CAMPOS, Brazil, April 29, 2013 /PRNewswire/ -- EMBRAER S.A. (NYSE: ERJ; BM&FBOVESPA: EMBR3) RELEASES 1th QUARTER RESULTS
HIGHLIGHTS:
- In the first quarter of 2013 (1Q13), Embraer delivered 17 commercial and 12 executive (8 light and 4 large) jets; representing a reduction of 4 commercial and 1 executive jets delivered in the same period of 2012;
- Firm order backlog grew to US$ 13.3 billion, mainly as a result of an improvement in the order environment in Commercial aviation, as well as continued orders in the Defense & Security segment;
- As a result of aircraft deliveries, coupled with revenues from the Company's growing Defense & Security business, 1Q13 Revenues reached US$ 1,085.9 million and gross margin was 22.2% for the period;
- EBIT and EBITDA margins were 3.6% and 9.2% respectively, in 1Q13;
- Net income attributable to Embraer and Earnings per ADS totaled US$ 30 million and US$ 0.1651, respectively, in 1Q13;
- Net cash position totaled US$ 98.2 million.
MAIN FINANCIAL INDICATORS
in millions of U.S dollars, except % and earnings per share data |
|||
IFRS |
(1) |
(1) |
(1) |
4Q12 |
1Q12 |
1Q13 |
|
Revenue |
1,897.6 |
1,152.1 |
1,085.9 |
EBIT |
227.8 |
85.6 |
39.6 |
EBIT Margin % |
12.0% |
7.4% |
3.6% |
EBITDA |
309.7 |
148.0 |
100.4 |
EBITDA Margin % |
16.3% |
12.8% |
9.2% |
Net income attributable to Embraer Shareholders |
123.2 |
104.6 |
30.0 |
Earnings per share - ADS basic (US$) |
0.6797 |
0.5779 |
0.1651 |
Net Cash |
308.7 |
300.9 |
98.2 |
(1) Derived from unaudited financial information. |
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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, Nadia Santos and Paulo Ferreira (+55 12) 3927-4404
[email protected]
http://ri.embraer.com.br
Follow Embraer's IR Department on twitter: @IREmbraer
CONFERENCE CALL INFORMATION
Embraer will host a conference call to present its 1Q13 Results on Tuesday, April 30, 2013 at 10:30am (SP) / 9:30 am (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: (708) 290-0687
Your own International Toll-Free number for Brazil: 0800 047 4803 (land line) and 0800 047 4801 (cell phone)
Code: 32147150
SOURCE Embraer S.A.
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