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Press release from PR Newswire

Embraer's 4th Quarter and Fiscal Year 2012 Results in IFRS

Tuesday, March 12, 2013

Embraer's 4th Quarter and Fiscal Year 2012 Results in IFRS21:13 EDT Tuesday, March 12, 2013SAO JOSE DOS CAMPOS, Brazil, March 12, 2013 /PRNewswire/ -- EMBRAER S.A. (NYSE: ERJ; BM&FBOVESPA: EMBR3) RELEASES 4th quarter and fiscal year 2012 results.HIGHLIGHTSDuring the 4th quarter of 2012 (4Q12), Embraer delivered 23 commercial and 53 executive aircraft and ended the year with total deliveries of 106 commercial and 99 executive aircraft (77 light jets and 22 large jets); As a consequence, 2012 Revenues totaled US$ 6,177.9 million, in line with the annual Revenue guidance range of US$ 5.8 to US$ 6.2 billion; 4Q12 EBIT and EBITDA margins were strong and reached 12.0% and 16.4%, respectively. As a result, 2012 EBIT and EBITDA margins were 9.9% and 14.4%, respectively, surpassing the Company's EBIT and EBITDA margin guidance for the year of 9.0% to 9.5% and 12.5% to 13.5% respectively; Positive operating cash generation of US$ 525 million in 4Q12 increased the Company's net cash position to US$ 312.9 million at the end of 2012; Net income attributable to Embraer Shareholders was US$ 123.2 million in 4Q12 and totaled US$ 347.8 million for 2012. Earnings per ADS for 4Q12 and 2012 totaled US$ 0.6797 and US$ 1.9188, respectively.MAIN FINANCIAL INDICATORS in millions of U.S. dollars, except % and earnings per share data IFRS                     3Q12          (1) 4Q11    4Q12     (2) 2011(1) 2012Revenue                 1,404.52,025.11,900.25,803.06,177.9EBIT                     100.9(5.9)228.0318.2612.1EBIT Margin %     7.2%-0.3%12.0%5.5%9.9%EBITDA               166.059.2311.5557.0890.9EBITDA Margin % 11.8%2.9%16.4%9.6%14.4%Net income (loss) attributable to Embraer Shareholders 65.2(91.8)123.2111.6347.8Earnings (loss) per share - ADS basic (US$) 0.3594(0.5072)0.67970.61691.9188Net Cash     123.2445.7312.9445.7312.9(1) Derived from unaudited financial information. (2) Derived from audited financial information. 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 http://ri.embraer.com.br Follow Embraer's IR Department on twitter: @IREmbraerCONFERENCE CALL INFORMATIONEmbraer will host a conference call to present its 4Q and FY2012 Results in IFRS on Wednesday, March 13th, 2013 at 10:30AM (SP) / 09:30AM (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: 74559173SOURCE Embraer S.A.