SAO JOSE DOS CAMPOS, Brazil,
Oct. 27, 2015 /PRNewswire/
-- EMBRAER S.A. (NYSE: ERJ; BM&FBOVESPA: EMBR3) releases
third quarter 2015 results.
HIGHLIGHTS
- In 3Q15, Embraer delivered 21 commercial and 30 executive (21
light and 9 large) jets. Deliveries in the first nine months of
2015 were 68 commercial and 75 executive (57 light and 18 large)
jets;
- During 3Q15, the Company closed 20 firm orders for the current
generation of the E-Jets commercial jets, reaching a total of 146
firm orders of both the current and second generation E-Jets
commercial aircraft year-to-date;
- The Commercial Aviation segment's book-to-bill surpassed 2
times over the first nine months of 2015;
- The Company's firm order backlog ended 3Q15 at US$ 22.8 billion. This compares to US$ 22.9 billion in backlog at the end of 2Q15
and $20.9 billion at the end of
2014;
- As a result of aircraft deliveries, coupled with revenues from
the Company's Defense & Security business, 3Q15 revenues were
US$ 1,284.6 million, representing
year-over-year growth of 3.6%;
- EBIT and EBITDA margins were 6.6% and 12.3%, respectively, in
3Q15, improving from EBIT margin of 5.5% and EBITDA margin of 11.0%
in 3Q14;
- 3Q15 Net loss attributable to Embraer Shareholders and Loss per
basic ADS totaled US$ (109.6) million
and US$ (0.6013), respectively.
Excluding deferred income tax and social contribution, adjusted net
income was US$ 71.5 million, or
US$ 0.3923 per basic ADS;
- The Company's Free Cash Flow during 3Q15 was US$ (115.3) million;
- Embraer reiterates all aspects of the Company's financial and
delivery guidance for 2015.
MAIN FINANCIAL INDICATORS
|
in millions of U.S
dollars, except % and earnings per share data
|
|
IFRS
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
1Q15
|
2Q15
|
3Q14
|
3Q15
|
YTD15
|
|
Revenue
|
1,055.9
|
1,513.2
|
1,239.7
|
1,284.6
|
3,853.7
|
|
EBIT
|
79.6
|
102.2
|
68.1
|
84.4
|
266.2
|
|
EBIT Margin
%
|
7.5%
|
6.8%
|
5.5%
|
6.6%
|
6.9%
|
|
EBITDA
|
149.1
|
177.6
|
135.9
|
158.0
|
484.7
|
|
EBITDA Margin
%
|
14.1%
|
11.7%
|
11.0%
|
12.3%
|
12.6%
|
|
Adjusted Net
Income
|
48.3
|
122.5
|
92.6
|
71.5
|
242.4
|
|
Net income (loss)
attributable to Embraer Shareholders
|
(61.7)
|
129.3
|
(10.7)
|
(109.6)
|
(42.0)
|
|
Earnings (loss) per
share - ADS basic (US$)
|
(0.3370)
|
0.7096
|
(0.0584)
|
(0.6013)
|
(0.2304)
|
|
Net Cash
(Debt)
|
(535.1)
|
(464.5)
|
(279.7)
|
(643.9)
|
(643.9)
|
|
(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
Eduardo Couto, Caio Pinez,
Christopher Thornsberry,
Claudio Massuda, Nadia Santos, Paulo
Ferreira and Viviane
Pinheiro.
(+55 12) 3927-4404
investor.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 3Q15 Results
on Tuesday, October 27, 2015 at
2:30pm (SP) and 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)
846-1574
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: 15232843
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/embraer-releases-third-quarter-2015-results-300166912.html
SOURCE Embraer S.A.