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Press release from PR Newswire

Embraer Announces its Third Quarter 2013 Results

Thursday, October 31, 2013

Embraer Announces its Third Quarter 2013 Results

06:11 EDT Thursday, October 31, 2013

SAO JOSE DOS CAMPOS, Brazil, Oct. 31, 2013 /PRNewswire/ -- EMBRAER S.A. (NYSE: ERJ; BM&FBOVESPA: EMBR3) releases its third quarter 2013 results.

HIGHLIGHTS

  • In the third quarter of 2013 (3Q13), Embraer delivered 19 commercial and 25 executive (21 light and 4 large) jets;
  • The Company's firm order backlog grew to US$ 17.8 billion, reaching its highest level since the third quarter of 2009, mainly as a result of significant orders in the Commercial aviation segment;
  • As a result of aircraft deliveries, coupled with revenues from the Company's growing Defense & Security business, 3Q13 Revenues reached US$ 1,288.2 million;
  • EBIT and EBITDA margins were 5.9% and 12.1% respectively, in 3Q13;
  • 3Q13 Net income attributable to Embraer Shareholders and Earnings per ADS basic totaled US$ 52.9 million and US$ 0.2905, respectively;
  • Embraer was listed for the fourth consecutive year on the Dow Jones Sustainability Index.

Main financial indicators

in millions of U.S. Dollars, except % and earnings per share data

IFRS

(1)

(1)

(1)

(1)

2Q13

3Q12

3Q13

YTD13

Revenue 

1,557.0

1,402.4

1,288.2

3,931.0

EBIT

135.3

101.0

75.8

250.5

EBIT Margin %

8.7%

7.2%

5.9%

6.4%

EBITDA

203.7

167.7

156.4

460.4

EBITDA Margin %

13.1%

12.0%

12.1%

11.7%

Adjusted Net Income

91.8

70.9

35.8

161.7

Net income (loss) attributable to Embraer Shareholders

(5.3)

65.4

52.9

77.5

Earnings (loss) per share - ADS basic

(0.0291)

0.3605

0.2905

0.4256

Net Cash (debt)

58.0

122.8

(19.6)

(19.6)

(1) Derived from unaudited financial information.

For additional information, please check the full document in our website:http://ri.embraer.com.br

Investor RelationsLuciano Froes, Caio Pinez, Christopher Thornsberry, Claudio Massuda, Nadia Santos and Paulo Ferreira (+55 12) 3927-4404investor.relations@embraer.com.br 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 3Q13 Results on Thursday, October 31, 2013 at 2:30pm (SP) / 12:30pm (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: (708) 290-0687Your own International Toll-Free number for Brazil: 0800 047 4803 (land line) and 0800 047 4801 (cell phone)Code: 71911929

SOURCE Embraer S.A.

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