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Written by / Agency / Source: Empresa Brasileira de Aeronáutica S.A.

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Embraer Releases First Quarter 2012 Results - Embraer delivered 21 commercial and 13 executive jets, surpassing the 20 commercial and eight executive jets delivered in the same period of 2011
Embraer Releases First Quarter 2012 Results

 

NewswireToday - /newswire/ - São Paulo, Brazil, 2012/04/26 - Embraer delivered 21 commercial and 13 executive jets, surpassing the 20 commercial and eight executive jets delivered in the same period of 2011. NYSE: ERJ; Bovespa: EMBR3

   
 
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Highlights:

- In the first quarter of 2012 (1Q12), Embraer delivered 21 commercial and 13 executive (12 light and 1 large) jets, surpassing the 20 commercial and eight executive jets delivered in the same period of 2011;

- As a result of aircraft deliveries, coupled with revenues from aviation services and the Company’s growing Defense and Security business, 1Q12 Revenues reached US$ 1,155.9 million and gross margin was 23.2% for the period;

- EBIT and EBITDA margins were 7.4% and 12.8% respectively, in 1Q12, in line with Company expectations;

- Net income attributable to Embraer and Earnings per ADS totaled US$ 62.7 million and US$ 0.3463, respectively, in 1Q12;

- Net cash position totaled US$ 301.8 million.

About Embraer

Created on August 19, 1969, Embraer - Empresa Brasileira de Aeronáutica (embraer.com), was a mixed capital company under government control. With the support of the Brazilian Government, the Company would transform science and technology into engineering and industrial capability. In addition to starting the production of the Bandeirante, Embraer was commissioned by the Brazilian Government to manufacture the EMB 326 Xavante, an advanced trainer and ground attack jet, under license of Italian company Aermacchi. Other developments that marked the beginning of Embraer’s activities were the EMB 400 Urupema high-performance glider and the EMB 200 Ipanema agricultural airplane.

North America
Robert Stangarone - E: rstangarone[.]embraer.com.
Cell: +1 954 260 9939 / T: +1 954 359 3101 / F: +1 954 359 4755

Europe, Middle East and Africa
Hervé Tilloy - E: herve.tilloy[.]embraer.fr.
Cell: +33 6 0864 3545 / T: +33 1 4938 4530 / F: +33 1 4938 4456

China
Tracy Chen - E: tracy.chen[.]bjs.embraer.com.
Cell: +86 139 1018 2281 / T: +86 10 6598 9988 / F: +86 10 6598 9986

Asia Pacific
Shorbani Roy - E: shorbani.roy[.]sin.embraer.com.
Cell: +65 9794 2401 / T: +65 6305 9955 / F: +65 6734 8255.

 
 
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Written by / Agency / Source: Empresa Brasileira de Aeronáutica S.A.

 
 

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Embraer Releases First Quarter 2012 Results

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Profile / Press Room |
Publisher Contact: Flavia Sekles - Embraer.com 
+55 12 3927 1311 flavia.sekles[.]embraer.com.br
 
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