Press release from PR Newswire
Embraer Releases Third Quarter 2012 Results
Tuesday, October 23, 2012
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) 3927-4404investor.relations@embraer.com.brFollow 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) 846-1574Operator Assisted International Dial-In Number: (+1 708) 290-0687Your own International Toll-Free number for Brazil: 0800 047 4803 (land line) and 0800 047 4801 (cell phone)Code: 26040633
SOURCE Embraer
