This document provides a summary of an aircraft manufacturer:
1) The company was established in 1969 and has operations across four segments, including commercial and executive aviation, defense, and security. It has a global footprint and diversified customer base.
2) It has a strong balance sheet with a net cash position and investment grade ratings. The management team is highly experienced.
3) The company has a broad portfolio of commercial and executive aircraft, and is a leading supplier of regional jets between 30-120 seats. It has over 6,800 aircraft on order and forecasts strong future demand for its aircraft.
RI Institutional Presentation December 2011Embraer RI
This document provides an overview of a global aerospace company. [1] It has a broad portfolio of commercial, executive, and defense aircraft and has operated since 1969. [2] The company has a strong global presence with factories and offices around the world. [3] Financial information shows solid performance with increasing revenues and a large backlog of orders.
- The company has a strong financial position with investment grade ratings and a net cash position. It has a global footprint with operations across Brazil, US, Europe, and Asia serving commercial, executive, and defense aviation segments.
- It has a diversified portfolio of commercial and executive aircraft as well as defense products. The commercial jet backlog remains strong at $15.3 billion despite 154 aircraft delivered so far in 2010.
- Financial results for the period showed stable net cash position, EBIT of $63 million, and net income of $98.5 million. Firm order backlog and revenues remained stable.
1) The document discusses the economic outlook for Asian economies and Australia in 2013. It suggests global conditions have stabilized and China's growth is picking up pace, which should help support Australian retail.
2) While consumers have been doing okay, retailers have faced a tough time and structural challenges but are adjusting. Interest rates are already low which should boost household spending.
3) The negative effects of a high Australian dollar on growth are expected to diminish. Overall the outlook for Australian retail in 2013 is more positive.
EFG Financial Products Holding provides financial services including structured products, asset management, and pension solutions with offices in Switzerland, Europe, Asia, and North America. It has 271 employees and generated CHF 128 million in revenue in 2012. The company is traded on the SIX Swiss Exchange and has a market capitalization of CHF 353.3 million. Analysts project earnings per share growth and increased profit margins over the next few years.
This document provides information and guidance for sales executives to identify potential customers and increase sales. It includes:
- Characteristics to rate customers on a scoring system based on their revenue profile, sales metrics, product mix/attachment rates, industry leadership, and brand name. This determines their tier and sales priority.
- Directions on how to obtain customer and sales data from CRM systems, contact information, and number of customer seats to analyze accounts.
- Examples of analyzing existing customers' accounts based on the rating system which identified initial results from strategic sales initiatives targeting high potential customers.
- The document provides financial results and forecasts for Monsanto Company for the second quarter of 2007 and fiscal year 2007.
- Net sales for the second quarter of 2007 were $2.6 billion, up 15% from the previous year. Earnings per share on an as-reported basis were $0.98, up 25% from the prior year.
- For fiscal year 2007, Monsanto increased guidance and now expects earnings per share of $1.60-1.65, representing 22-26% growth over the previous year, and free cash flow of $875-950 million.
The document provides a presentation of TIM Participações S.A.'s 4Q09 results. Some key points:
1) TIM Brasil has undergone a repositioning track over the past 15 months to reverse client losses and return to growth, focusing on offer innovation, quality recovery, and efficiency savings of over R$1 billion.
2) 4Q09 results show signs of turnaround with growing subscriber base, traffic, ARPU and revenues increasing quarter-over-quarter. EBITDA margin expanded to 28.2% in 4Q09.
3) For the full year 2009, EBITDA increased 5.6% and net profit grew 29% compared to 2008,
This document contains forward-looking statements about Sherwin-Williams' sales, earnings, and other matters that are based on management's current expectations and are subject to risks. It discusses Sherwin-Williams' financial highlights for 2007 including net sales, EBITDA, income, earnings per share, and return on assets. It also provides an overview of the global and U.S. coatings industry, Sherwin-Williams' operating segments, and its strategies for future growth.
RI Institutional Presentation December 2011Embraer RI
This document provides an overview of a global aerospace company. [1] It has a broad portfolio of commercial, executive, and defense aircraft and has operated since 1969. [2] The company has a strong global presence with factories and offices around the world. [3] Financial information shows solid performance with increasing revenues and a large backlog of orders.
- The company has a strong financial position with investment grade ratings and a net cash position. It has a global footprint with operations across Brazil, US, Europe, and Asia serving commercial, executive, and defense aviation segments.
- It has a diversified portfolio of commercial and executive aircraft as well as defense products. The commercial jet backlog remains strong at $15.3 billion despite 154 aircraft delivered so far in 2010.
- Financial results for the period showed stable net cash position, EBIT of $63 million, and net income of $98.5 million. Firm order backlog and revenues remained stable.
1) The document discusses the economic outlook for Asian economies and Australia in 2013. It suggests global conditions have stabilized and China's growth is picking up pace, which should help support Australian retail.
2) While consumers have been doing okay, retailers have faced a tough time and structural challenges but are adjusting. Interest rates are already low which should boost household spending.
3) The negative effects of a high Australian dollar on growth are expected to diminish. Overall the outlook for Australian retail in 2013 is more positive.
EFG Financial Products Holding provides financial services including structured products, asset management, and pension solutions with offices in Switzerland, Europe, Asia, and North America. It has 271 employees and generated CHF 128 million in revenue in 2012. The company is traded on the SIX Swiss Exchange and has a market capitalization of CHF 353.3 million. Analysts project earnings per share growth and increased profit margins over the next few years.
This document provides information and guidance for sales executives to identify potential customers and increase sales. It includes:
- Characteristics to rate customers on a scoring system based on their revenue profile, sales metrics, product mix/attachment rates, industry leadership, and brand name. This determines their tier and sales priority.
- Directions on how to obtain customer and sales data from CRM systems, contact information, and number of customer seats to analyze accounts.
- Examples of analyzing existing customers' accounts based on the rating system which identified initial results from strategic sales initiatives targeting high potential customers.
- The document provides financial results and forecasts for Monsanto Company for the second quarter of 2007 and fiscal year 2007.
- Net sales for the second quarter of 2007 were $2.6 billion, up 15% from the previous year. Earnings per share on an as-reported basis were $0.98, up 25% from the prior year.
- For fiscal year 2007, Monsanto increased guidance and now expects earnings per share of $1.60-1.65, representing 22-26% growth over the previous year, and free cash flow of $875-950 million.
The document provides a presentation of TIM Participações S.A.'s 4Q09 results. Some key points:
1) TIM Brasil has undergone a repositioning track over the past 15 months to reverse client losses and return to growth, focusing on offer innovation, quality recovery, and efficiency savings of over R$1 billion.
2) 4Q09 results show signs of turnaround with growing subscriber base, traffic, ARPU and revenues increasing quarter-over-quarter. EBITDA margin expanded to 28.2% in 4Q09.
3) For the full year 2009, EBITDA increased 5.6% and net profit grew 29% compared to 2008,
This document contains forward-looking statements about Sherwin-Williams' sales, earnings, and other matters that are based on management's current expectations and are subject to risks. It discusses Sherwin-Williams' financial highlights for 2007 including net sales, EBITDA, income, earnings per share, and return on assets. It also provides an overview of the global and U.S. coatings industry, Sherwin-Williams' operating segments, and its strategies for future growth.
The document provides highlights from MMX Mineração e Metálicos S.A.'s 2012 results. It notes that production was 7.4 million tons, sales were 6.9 million tons, net revenues were R$806 million, and net profit was R$ -792 million. It also provides photos showing construction progress on the expansion of the Serra Azul Unit and the Sudeste Superport. The document concludes with investor relations contact information.
Projeto mustang sem anexo e sem operação englocamerica
Locamerica is a Brazilian car rental company that has experienced strong growth and profitability over the past several years. It has grown its total fleet from 5,500 cars in 2006 to over 304,000 cars in 2011, representing a compound annual growth rate of 37.1% during that period. Revenues have also increased substantially, from R$62.8 million in 2006 to R$304 million in 2011, a compound annual growth rate of 37.5%. Locamerica is now the largest car rental company in Brazil. The presentation discusses the company's history and entrepreneurial roots as well as its business model focused on fleet outsourcing.
This document summarizes a presentation given by George Buckley, CEO of 3M Company, at the 2008 JPMorgan Basics and Industrials Conference. The presentation outlines 3M's recent financial performance, including 9% sales growth and 8% EPS growth in Q1 2008 despite a tough US economy. It also describes 3M's unparalleled and diverse product portfolio, focus on international operations, innovation, and financial strength. The presentation aims to demonstrate 3M's ability to deliver accelerated growth, premium returns, and enhanced shareholder value.
The document provides an overview of Mermaid Maritime's FY2010 results and outlook. Key highlights include a year-over-year increase in revenue and operating cash flow for both 4Q2010 and FY2010. The subsea services segment contributed the majority of revenue but had lower operating margins than the drilling services segment. Mermaid also discussed its investment in a new joint venture called Asia Offshore Drilling to construct two new jack-up rigs with options for two more, signaling potential growth in the drilling business.
Sergey lapenok (sca). alexandr galant (x5)ECR Community
This document discusses shelf ready packaging (SRP) and its benefits for retailers and manufacturers in Russia. SRP refers to transport packaging that meets ergonomic requirements for retailers by being easy to open, identify, and dispose of. SRP allows retailers to feel they offer a wide selection despite limited inventory space. It can reduce retailers' operating expenses and out-of-stock situations. SRP adoption in Europe has grown significantly in recent years. Russian discount retailers are well-positioned for growth and could benefit from SRP by reducing labor costs and ensuring full, colorful shelves. However, there is currently a lack of interaction between manufacturers and retailers regarding transport packaging in Russia.
- In 4Q09, Lopes recorded R$3.1 billion in contracted sales. For all of 2009, contracted sales totaled R$9.3 billion, exceeding the company's guidance of R$9 billion.
- São Paulo accounted for R$1.6 billion of 4Q09 contracted sales and R$4.4 billion for the full year.
- Lopes sold 12,731 units in Brazil in 4Q09, with 40% (5,095 units) priced below R$150,000. For 2009, total units sold were 36,888 with 40% (14,713 units) below R$150,000.
This presentation provides an overview of OHL Brasil's proposals for several federal toll road concessions in Brazil that were auctioned in November 2007. It discusses the company profile and organizational structure of OHL Brasil and its parent company OHL Concesiones. It also summarizes the key details and financial projections of OHL Brasil's proposals for the toll road concessions, including expected traffic, revenues, costs, EBITDA, and funding strategy.
The document provides information about Embraer, a Brazilian aerospace company. It includes Embraer's investor relations contact information and discusses the company's business strategy, aircraft deliveries, revenues, order backlog, commercial and executive jet product portfolios and customer bases, and market outlook. Charts show historical and projected data on revenues, deliveries, order book, and market share. The summary highlights Embraer's focus on organic growth, margin improvement, and business diversification across its commercial, executive, and defense segments.
This document provides a summary of 4Q07 results for a real estate company. It highlights that:
1) NOI grew 15.8% year-over-year and margins increased from 81.1% to 86.8% due to organic growth and acquisitions.
2) The company acquired 8 malls in 4Q07 and 39 malls total in 2007, exceeding NOI projections for acquired assets.
3) Announced plans to develop 3 new malls and expand 9 existing malls, adding over 200,000 square meters of space by 2010.
4) Financial results showed strong growth in revenues, EBITDA, and FFO compared to prior year and projections
- The document initiates coverage of Tecnisa (TCSA3) with a target price of R$17.00/share, implying 60% upside.
- It values Tecnisa using a DCF model and peer comparisons, finding shares trade at a significant discount to peers.
- Tecnisa operates as a fully-integrated residential property developer in Brazil, led by its founder for 30 years.
Banco Santander (Brasil) is one of the largest banks in Brazil and part of the global Santander group. It has a strong presence in Brazil with over 3,600 branches and more than 24 million customers. The bank has benefited from Brazil's solid macroeconomic fundamentals in recent years, including high international reserves, declining external debt, and falling interest rates relative to inflation. Santander focuses on retail banking in Brazil and has achieved good results, though asset quality and profits have been impacted by the economic downturn.
Russia is a large country spanning 17 million square kilometers with a population of 142 million across 83 regions. The document summarizes Tele2's operations in Russia, including its license coverage across 37 regions with 61 million people. Tele2 has seen continuous subscriber and revenue growth in its existing regions and is expanding into new regions, with the goal of reaching 18-19 million subscribers by 2011 while maintaining solid profitability.
Financial Analysis - Facebook Inc. operates a social networking website. The ...BCV
Financial Analysis - Facebook Inc. operates a social networking website. The Company's website allows people to communicate with their family, friends, and coworkers
Banco Santander (Brasil) S.A. is one of the largest banks in Brazil and part of Banco Santander, the 3rd largest bank by profits worldwide from 2007-2010. Santander has a large international presence with operations across Europe, the Americas, and Asia. In Brazil, Santander has nearly 4,000 branches and over 24 million customers, making it the 3rd largest private bank. The Brazilian economy has experienced solid macroeconomic growth in recent years with low inflation, high international reserves, and declining external debt levels creating a stable environment for Santander to continue expanding its operations.
This document provides highlights about an aircraft manufacturing company. It was established in 1969 and privatized in 1994, listing on the USA stock exchange in 2000. It has a global footprint with operations across Brazil, USA, Europe and Asia. It has a diversified customer base across commercial, executive and defense aviation segments. In 2009, it delivered 244 aircraft with net revenue of $5.47 billion and a firm order backlog of $3.8 billion. It has a portfolio of commercial and executive jet aircraft with seating capacities ranging from 37 to 122 seats.
- The company achieved or surpassed all 2010 guidance and projections. Net income was $0.7926 per share and $1.8252 per ADS.
- 97 commercial aircraft orders were placed and 101 deliveries were made. The company's customer base expanded to 58 customers in 39 countries.
- In executive jets, the company delivered 145 jets and achieved a 19% market share. A landmark order was received from NetJets.
- The KC-390 military aircraft received Letters of Intent from 6 countries for up to 60 aircraft. The Super Tucano was sold to Indonesia.
- The company was selected as one of the best companies to work for in Brazil for the second consecutive year. It was
This presentation provides forward-looking statements and highlights for Embraer in 2009. It summarizes that Embraer achieved its operational targets for 2009 despite economic challenges. Key accomplishments included a 20% reduction in SG&A expenses, a $500 million bond issue, and increased market share in business jets. Financial results showed lower revenues but higher margins, EBITDA, and cash position compared to 2008. The outlook anticipates continued challenges in 2010 but guidance for net revenues of $5 billion, EBIT of $300 million, and investments of $300 million.
This presentation provides forward-looking statements and highlights for Embraer in 2009. It summarizes that Embraer achieved its operational targets for 2009 despite economic challenges. Key accomplishments included a net cash position of $500 million, a successful bond issue, cost reductions, increased market share in business jets, and progress on new aircraft programs. Financial results showed lower revenues but higher margins, reductions in expenses and inventory, and a return to profitability. Guidance for 2010 projects revenues of $5 billion and a return to growth.
This document provides a summary of Vale's performance in 4Q12 and 2012. Some key points include:
- Iron ore production reached a record high of 85.5 Mt in 4Q12, driven by the ramp up of new projects.
- Overall revenues declined due to lower metals prices, but operational margins remained strong at 31.5% in 2012.
- New growth projects like Salobo, Lubambe, and Voisey's Bay nickel are ramping up as planned and expected to be significant value creators.
- Safety and sustainability remain top priorities, with injury rates continuing to decline.
- The company is focused on capital discipline and unlocking value from its existing low
- Embraer reported financial results for the first quarter of 2011 with revenues of $1.77 billion (R$3.34 billion), a 20.2% gross margin, and net income of $174 million (R$208 million).
- Key orders in the quarter included 20 E-Jets for Alitalia and 10 E-Jets for Dniproavia.
- The firm order backlog reached $16 billion at the end of the quarter, providing visibility for future deliveries.
- Embraer reaffirmed its full year 2011 guidance with expected revenues of $5.6 billion, EBIT of $420 million, and EBITDA of $610 million.
- Embraer reported financial results for the first quarter of 2011 with revenues of $1.77 billion (R$3.34 billion), a 20.2% gross margin, and net income of $174 million (R$208 million).
- Key commercial aircraft orders in the quarter included 20 E-Jets for Alitalia and 10 E-Jets for Dniproavia.
- The firm order backlog reached $16 billion at the end of the quarter, providing visibility for future deliveries.
- Embraer reaffirmed its full year 2011 guidance with expected revenues of $5.6 billion, EBIT of $420 million, and EBITDA of $610 million.
The document provides information about Embraer's investor relations contact information and job openings. It then summarizes Embraer's business strategies and goals in commercial aviation, executive aviation, and defense and security. Charts show aircraft deliveries and order backlogs. Financial data is presented on revenues, revenues by segment and region, and the revenue outlook. Market share and competition in different aircraft size segments are discussed.
[/SUMMARY]
The document provides highlights from MMX Mineração e Metálicos S.A.'s 2012 results. It notes that production was 7.4 million tons, sales were 6.9 million tons, net revenues were R$806 million, and net profit was R$ -792 million. It also provides photos showing construction progress on the expansion of the Serra Azul Unit and the Sudeste Superport. The document concludes with investor relations contact information.
Projeto mustang sem anexo e sem operação englocamerica
Locamerica is a Brazilian car rental company that has experienced strong growth and profitability over the past several years. It has grown its total fleet from 5,500 cars in 2006 to over 304,000 cars in 2011, representing a compound annual growth rate of 37.1% during that period. Revenues have also increased substantially, from R$62.8 million in 2006 to R$304 million in 2011, a compound annual growth rate of 37.5%. Locamerica is now the largest car rental company in Brazil. The presentation discusses the company's history and entrepreneurial roots as well as its business model focused on fleet outsourcing.
This document summarizes a presentation given by George Buckley, CEO of 3M Company, at the 2008 JPMorgan Basics and Industrials Conference. The presentation outlines 3M's recent financial performance, including 9% sales growth and 8% EPS growth in Q1 2008 despite a tough US economy. It also describes 3M's unparalleled and diverse product portfolio, focus on international operations, innovation, and financial strength. The presentation aims to demonstrate 3M's ability to deliver accelerated growth, premium returns, and enhanced shareholder value.
The document provides an overview of Mermaid Maritime's FY2010 results and outlook. Key highlights include a year-over-year increase in revenue and operating cash flow for both 4Q2010 and FY2010. The subsea services segment contributed the majority of revenue but had lower operating margins than the drilling services segment. Mermaid also discussed its investment in a new joint venture called Asia Offshore Drilling to construct two new jack-up rigs with options for two more, signaling potential growth in the drilling business.
Sergey lapenok (sca). alexandr galant (x5)ECR Community
This document discusses shelf ready packaging (SRP) and its benefits for retailers and manufacturers in Russia. SRP refers to transport packaging that meets ergonomic requirements for retailers by being easy to open, identify, and dispose of. SRP allows retailers to feel they offer a wide selection despite limited inventory space. It can reduce retailers' operating expenses and out-of-stock situations. SRP adoption in Europe has grown significantly in recent years. Russian discount retailers are well-positioned for growth and could benefit from SRP by reducing labor costs and ensuring full, colorful shelves. However, there is currently a lack of interaction between manufacturers and retailers regarding transport packaging in Russia.
- In 4Q09, Lopes recorded R$3.1 billion in contracted sales. For all of 2009, contracted sales totaled R$9.3 billion, exceeding the company's guidance of R$9 billion.
- São Paulo accounted for R$1.6 billion of 4Q09 contracted sales and R$4.4 billion for the full year.
- Lopes sold 12,731 units in Brazil in 4Q09, with 40% (5,095 units) priced below R$150,000. For 2009, total units sold were 36,888 with 40% (14,713 units) below R$150,000.
This presentation provides an overview of OHL Brasil's proposals for several federal toll road concessions in Brazil that were auctioned in November 2007. It discusses the company profile and organizational structure of OHL Brasil and its parent company OHL Concesiones. It also summarizes the key details and financial projections of OHL Brasil's proposals for the toll road concessions, including expected traffic, revenues, costs, EBITDA, and funding strategy.
The document provides information about Embraer, a Brazilian aerospace company. It includes Embraer's investor relations contact information and discusses the company's business strategy, aircraft deliveries, revenues, order backlog, commercial and executive jet product portfolios and customer bases, and market outlook. Charts show historical and projected data on revenues, deliveries, order book, and market share. The summary highlights Embraer's focus on organic growth, margin improvement, and business diversification across its commercial, executive, and defense segments.
This document provides a summary of 4Q07 results for a real estate company. It highlights that:
1) NOI grew 15.8% year-over-year and margins increased from 81.1% to 86.8% due to organic growth and acquisitions.
2) The company acquired 8 malls in 4Q07 and 39 malls total in 2007, exceeding NOI projections for acquired assets.
3) Announced plans to develop 3 new malls and expand 9 existing malls, adding over 200,000 square meters of space by 2010.
4) Financial results showed strong growth in revenues, EBITDA, and FFO compared to prior year and projections
- The document initiates coverage of Tecnisa (TCSA3) with a target price of R$17.00/share, implying 60% upside.
- It values Tecnisa using a DCF model and peer comparisons, finding shares trade at a significant discount to peers.
- Tecnisa operates as a fully-integrated residential property developer in Brazil, led by its founder for 30 years.
Banco Santander (Brasil) is one of the largest banks in Brazil and part of the global Santander group. It has a strong presence in Brazil with over 3,600 branches and more than 24 million customers. The bank has benefited from Brazil's solid macroeconomic fundamentals in recent years, including high international reserves, declining external debt, and falling interest rates relative to inflation. Santander focuses on retail banking in Brazil and has achieved good results, though asset quality and profits have been impacted by the economic downturn.
Russia is a large country spanning 17 million square kilometers with a population of 142 million across 83 regions. The document summarizes Tele2's operations in Russia, including its license coverage across 37 regions with 61 million people. Tele2 has seen continuous subscriber and revenue growth in its existing regions and is expanding into new regions, with the goal of reaching 18-19 million subscribers by 2011 while maintaining solid profitability.
Financial Analysis - Facebook Inc. operates a social networking website. The ...BCV
Financial Analysis - Facebook Inc. operates a social networking website. The Company's website allows people to communicate with their family, friends, and coworkers
Banco Santander (Brasil) S.A. is one of the largest banks in Brazil and part of Banco Santander, the 3rd largest bank by profits worldwide from 2007-2010. Santander has a large international presence with operations across Europe, the Americas, and Asia. In Brazil, Santander has nearly 4,000 branches and over 24 million customers, making it the 3rd largest private bank. The Brazilian economy has experienced solid macroeconomic growth in recent years with low inflation, high international reserves, and declining external debt levels creating a stable environment for Santander to continue expanding its operations.
This document provides highlights about an aircraft manufacturing company. It was established in 1969 and privatized in 1994, listing on the USA stock exchange in 2000. It has a global footprint with operations across Brazil, USA, Europe and Asia. It has a diversified customer base across commercial, executive and defense aviation segments. In 2009, it delivered 244 aircraft with net revenue of $5.47 billion and a firm order backlog of $3.8 billion. It has a portfolio of commercial and executive jet aircraft with seating capacities ranging from 37 to 122 seats.
- The company achieved or surpassed all 2010 guidance and projections. Net income was $0.7926 per share and $1.8252 per ADS.
- 97 commercial aircraft orders were placed and 101 deliveries were made. The company's customer base expanded to 58 customers in 39 countries.
- In executive jets, the company delivered 145 jets and achieved a 19% market share. A landmark order was received from NetJets.
- The KC-390 military aircraft received Letters of Intent from 6 countries for up to 60 aircraft. The Super Tucano was sold to Indonesia.
- The company was selected as one of the best companies to work for in Brazil for the second consecutive year. It was
This presentation provides forward-looking statements and highlights for Embraer in 2009. It summarizes that Embraer achieved its operational targets for 2009 despite economic challenges. Key accomplishments included a 20% reduction in SG&A expenses, a $500 million bond issue, and increased market share in business jets. Financial results showed lower revenues but higher margins, EBITDA, and cash position compared to 2008. The outlook anticipates continued challenges in 2010 but guidance for net revenues of $5 billion, EBIT of $300 million, and investments of $300 million.
This presentation provides forward-looking statements and highlights for Embraer in 2009. It summarizes that Embraer achieved its operational targets for 2009 despite economic challenges. Key accomplishments included a net cash position of $500 million, a successful bond issue, cost reductions, increased market share in business jets, and progress on new aircraft programs. Financial results showed lower revenues but higher margins, reductions in expenses and inventory, and a return to profitability. Guidance for 2010 projects revenues of $5 billion and a return to growth.
This document provides a summary of Vale's performance in 4Q12 and 2012. Some key points include:
- Iron ore production reached a record high of 85.5 Mt in 4Q12, driven by the ramp up of new projects.
- Overall revenues declined due to lower metals prices, but operational margins remained strong at 31.5% in 2012.
- New growth projects like Salobo, Lubambe, and Voisey's Bay nickel are ramping up as planned and expected to be significant value creators.
- Safety and sustainability remain top priorities, with injury rates continuing to decline.
- The company is focused on capital discipline and unlocking value from its existing low
- Embraer reported financial results for the first quarter of 2011 with revenues of $1.77 billion (R$3.34 billion), a 20.2% gross margin, and net income of $174 million (R$208 million).
- Key orders in the quarter included 20 E-Jets for Alitalia and 10 E-Jets for Dniproavia.
- The firm order backlog reached $16 billion at the end of the quarter, providing visibility for future deliveries.
- Embraer reaffirmed its full year 2011 guidance with expected revenues of $5.6 billion, EBIT of $420 million, and EBITDA of $610 million.
- Embraer reported financial results for the first quarter of 2011 with revenues of $1.77 billion (R$3.34 billion), a 20.2% gross margin, and net income of $174 million (R$208 million).
- Key commercial aircraft orders in the quarter included 20 E-Jets for Alitalia and 10 E-Jets for Dniproavia.
- The firm order backlog reached $16 billion at the end of the quarter, providing visibility for future deliveries.
- Embraer reaffirmed its full year 2011 guidance with expected revenues of $5.6 billion, EBIT of $420 million, and EBITDA of $610 million.
The document provides information about Embraer's investor relations contact information and job openings. It then summarizes Embraer's business strategies and goals in commercial aviation, executive aviation, and defense and security. Charts show aircraft deliveries and order backlogs. Financial data is presented on revenues, revenues by segment and region, and the revenue outlook. Market share and competition in different aircraft size segments are discussed.
[/SUMMARY]
The document provides information about Embraer's investor relations contact information and its business outlook. It summarizes Embraer's strategies around organic growth, margin enhancement, and business diversification. It also provides data on Embraer's aircraft deliveries and revenues by segment. The outlook estimates net revenues between $5.8-6.2 billion with commercial aviation accounting for $3.7-3.85 billion. The order backlog was $12.5 billion as of the fourth quarter of 2012.
- Embraer delivered 28 commercial jets and sold 17 E-Jets in 3Q11, reaching 1,018 firm orders total. Six additional orders were placed with GECAS in October.
- Revenue was US$3.78 billion year-to-date, with a gross margin of 22.5%. Net income was US$126 million excluding deferred taxes.
- The firm order backlog reached US$16 billion as of 3Q11, and Embraer delivered its 800th E190 jet to China Southern Airlines during the quarter.
Improved Business Performance: Exploring an Evolved FAO StrategyEverest Group
Industry experts from Price Waterhouse Coopers, Tata Consultancy Services and Everest Group will discuss practices best for evolved FAO outcomes, how metrics can improve performance as well as examples of engagements that have taken on an evolved FAO strategy.
Julho-2008 Theodore M. Helms, Marcos Vinicius Guimarães - Petrobras at a gla...Petrobras
Petrobras is a major international oil company headquartered in Brazil. It has over 500,000 shareholders worldwide and is 60% owned by private investors. Petrobras has proven oil and gas reserves of over 13.9 billion barrels of oil equivalent. The company is investing heavily to increase production, with a goal of producing over 2.4 million barrels per day of oil and natural gas by 2012.
- Embraer delivered 202 aircraft and 2 Phenom jets in 2008, meeting its guidance and seeing record yearly deliveries. Net revenues were $6.4 billion.
- The order backlog increased 11% to a record $20.9 billion in 2008. EBIT margin was 8.5% and net income was $389 million.
- While forecasts for 2009 were reduced due to the economic downturn, Embraer has implemented cost control measures like payroll reductions to maintain profitability.
Embraer had a strong financial performance in 2008. Net revenues increased 21% to $6.3 billion due to record aircraft deliveries of 202 jets. The firm order backlog reached a historic high of $20.9 billion, up 11% from 2007. EBIT margin was 8.5% and net income was $489 million, despite challenging market conditions that required cost cutting measures and guidance revisions. Embraer expects continued financial strength due to its diversified portfolio and experienced management team.
- The company reported financial results for the second quarter of 2011, with revenues of $1.97 billion, a 45 aircraft delivery total, and 62 E-Jets sold.
- Gross margins increased to 24.3%, EBITDA was $197 million with a margin of 12.2%, and net income was $126 million.
- The outlook for 2011 was revised upward, with estimated revenues of $5.8 billion, EBIT of $465 million, EBITDA of $700 million, and margins of 8% and 12% respectively. Research spending was confirmed at $90 million while development was lowered to $160 million.
- The company reported financial results for the second quarter of 2011, with revenues of $1.97 billion, a 45 aircraft delivery total, and 62 firm E-Jet orders.
- Recent highlights included new orders from airlines and leasing companies, customer base expansion, and cooperation agreements.
- The presentation revised full-year 2011 outlook with increased expected revenues to $5.8 billion, EBIT to $465 million, and EBITDA to $700 million. Research spending is projected to remain $90 million while development spending will decrease to $160 million.
shaw group 656631FE-D4E6-4F14-A3DB-B8C5E6B7BB07_1Q2009finance36
The Shaw Group reported strong revenue and earnings from operations in the first quarter of fiscal year 2009, excluding impacts from Westinghouse. However, the company reported a $161 million non-cash loss due to foreign exchange impacts on Westinghouse yen bonds as the yen continued to appreciate against the dollar. Shaw also signed its largest ever contract, a nuclear EPC deal with Progress Energy Florida, after the close of the quarter. Segment results were mixed, with continued growth in Fossil & Nuclear, E&C, and E&I, while Maintenance revenues grew but margins declined and F&M margins fell due to changes in product mix.
shaw group 656631FE-D4E6-4F14-A3DB-B8C5E6B7BB07_1Q2009finance36
The Shaw Group reported strong revenue and earnings from operations in the first quarter of fiscal year 2009, excluding impacts from Westinghouse. However, the company reported a $161 million non-cash loss due to foreign exchange impacts on Westinghouse yen bonds as the yen continued to appreciate against the dollar. Shaw also signed its largest ever contract, a nuclear EPC deal with Progress Energy Florida, after the close of the quarter. Segment revenues increased across Fossil and Nuclear, E&C, E&I, and F&M, though some segments saw lower margins due to project mix changes.
1. Local partners provide knowledge of the local real estate market and local customer preferences.
2. They have established relationships with local construction agencies, which can help reduce costs.
3. Local partners offer access to business opportunities that leverage their knowledge of the local market.
4. Partnering mitigates risks when entering new local markets that Gafisa is less familiar with.
5. Local partners can help manage day-to-day local operational activities more efficiently.
1. Local partners provide knowledge of the local real estate market and local customer preferences.
2. They have established relationships with local construction agencies, which can help reduce costs.
3. Local partners offer access to business opportunities that leverage their knowledge of the local market.
4. Partnering mitigates risks when entering new local markets that Gafisa is less familiar with.
5. Local partners can help manage day-to-day local operational activities more efficiently.
This document provides a summary of Embraer's corporate and business strategy, product strategy, financial performance, and market outlook. The key points are:
1) Embraer's strategy focuses on organic growth, margin enhancement, business diversification, and establishing itself as Brazil's defense leader.
2) In 2015, Embraer's order backlog was $22.5 billion, with 95-100 E-Jet deliveries expected.
3) Embraer forecasts 6,350 new 70-130 seat jet deliveries globally between 2015-2034 worth $300 billion.
5.0 embraer day ny march2016 defense r.15Embraer RI
This document provides an overview of Embraer's Defense & Security Aviation division, including highlights from 2015 and information on major programs. It discusses the KC-390 flight test campaign progress, financial results, key defense programs like the Gripen NG and Brazilian satellite, and international exposure through contracts in countries like the UK. The document outlines revenue, backlog, impacts from currency fluctuations, and expansion of service and support activities. It presents Embraer as offering an integrated portfolio of solutions including aircraft, satellites, radar, and mission systems.
4.0 embraer day br 2016 commercial aviation rev7Embraer RI
This document provides an overview and highlights of Embraer, a Brazilian aerospace company, and its E-Jets aircraft family. Some key points:
- Embraer had record backlog and deliveries in 2015 and received 176 new orders. The E2 series is in development.
- Financial results have been strong with rising revenues and deliveries between 2009-2015.
- The E-Jets have captured over half of the market share and outsold competitors, with over 1,200 delivered to 70 airlines in 50 countries.
- The E2 series is expected to provide fuel burn reductions of 16-24% per seat compared to previous models.
Embraer provides an overview of its executive jet business. It has experienced healthy business growth with a CAGR of 21% from 2002-2015. It now has a global footprint with over 975 jets delivered to over 60 countries. The document discusses Embraer's product portfolio and the market for executive jets, forecasting strong future growth in the small and medium jet segments. It highlights key achievements and models in Embraer's line-up, including high delivery and sales numbers for the Phenom 100E, Phenom 300, Legacy 450/500, and Lineage 1000E.
The document outlines the agenda for Embraer Day 2016 in Brazil, including presentations on 2015 results and 2016 guidance, commercial and executive aviation, defense and security, and Q&A sessions. Presenters include the Director of Investor Relations, President & CEO, Executive Vice President & CFO, and presidents of the commercial aviation, executive jets, and defense and security divisions. A cocktail reception follows from 5-7pm at the hotel.
This document provides an earnings results presentation for Embraer for 4Q15 and FY2015. It summarizes key financial highlights including a backlog of $22.5 billion, free cash flow generation of $178 million, and net revenues of $5.93 billion. It also outlines deliveries, financial results, segment performance, expenses, cash flow, debt profile, and the 2016 outlook with projected net revenues of $6-6.4 billion and EBITDA of $800-870 million.
The document provides an overview of Embraer's defense and security division, including its products and programs. Key points discussed include the KC-390 transport aircraft program, sales of the Super Tucano aircraft, and efforts to adjust programs in response to budget cuts from the Brazilian government. The document outlines Embraer's focus on finalizing KC-390 development, improving efficiency, boosting international sales, and adapting to the Brazilian budget situation.
This document provides an overview of the business jet market and Embraer's position within it. It discusses factors influencing the market recovery, including corporate profits, wealth levels, and used aircraft prices. Forecasts indicate slow but steady growth over the next decade. Embraer aims to strengthen its presence in light and midsize categories with new models and upgrades. Services are expanding with a new service center in São Paulo.
This document provides an overview of Embraer's corporate and business strategy, financial performance, product portfolio, and market outlook. Key points include organic growth and margin enhancement through new product lines; diversifying revenues and expanding customer base; improving market share and margins through product focus and customer support. Charts show growing order backlog, revenues, and aircraft deliveries as well as market forecasts through 2034 for 70-130 seat aircraft demand.
This document provides an overview of Embraer's corporate and business strategy, financial performance, commercial and executive jet portfolios and market outlook. The key points are:
- Organic growth, margin enhancement, business diversification and product strategy are priorities.
- Firm order backlog was $22.1 billion in 3Q15 with planned commercial jet deliveries of 95-100 E-Jets.
- Net revenues for 2015 are forecasted between $5.8-6.3 billion.
- The E-Jets family dominates the 70-130 seat market with over 1,600 orders and Embraer aims to establish the E2 as the most efficient aircraft in its class.
5 embraer day 2015 vae bf-final_v2_sc_siteEmbraer RI
This document summarizes Embraer's comprehensive product portfolio and strong growth over the past decade. Some key points include:
- Embraer has experienced 20% compound annual growth rate (CAGR) since 2002 and has grown its market share from 2.7% to 16.5% for executive aviation deliveries.
- It has a global footprint with over 70 service centers worldwide supporting more than 900 aircraft in 60 countries.
- Embraer consistently ranks highly in worldwide customer support and satisfaction surveys.
This document provides an overview of Embraer's corporate and business strategy, financial performance, commercial jet programs, and market outlook. Key points include growing revenues through new product launches like the E2 family, expanding the customer base globally, and forecasting strong demand in the commercial and executive jet markets with over 9,000 jet deliveries projected from 2015-2024.
This document contains Embraer's earnings results for the 3rd quarter of 2015. It highlights strong order backlog and aircraft deliveries. Net revenues increased compared to the same period last year. Income from operations and EBITDA margins were in line with expectations. However, net income was negative due to currency fluctuations. Research, development and capital expenditures remained on track with annual targets.
This document summarizes Embraer's business growth and global expansion over the past decade. Some key points include:
- Embraer has experienced 20% compound annual growth rate (CAGR) since 2002, increasing its market share of deliveries from 2.7% to 16.5%.
- It has a global footprint with 74 service centers worldwide and over 900 jets in service across 60 countries.
- Embraer has consistently ranked highly in worldwide customer support and satisfaction surveys.
2015 10 8 emb day - commercial rev-finalEmbraer RI
This document summarizes information about Embraer's commercial aviation business in 2015. It notes that Embraer delivered 122 commercial jets in 2015, had firm orders of 165 aircraft for the year, and expects deliveries of 95-100 and revenues of $3.2-$3.4 billion for 2015. It also provides an overview of Embraer's E-Jets family and the in-development E2 series, which is expected to provide fuel burn reductions of 16-24% per seat compared to current E-Jets models.
- Embraer Defense and Security achieved several accomplishments in recent years including sales of the Super Tucano to the US Air Force and progress on the KC-390 program.
- In 2015, Embraer faced new challenges including a 50% depreciation of the Brazilian real which reduced projected revenue by $1.1-1.25 billion and impacted programs.
- Embraer's main focuses moving forward are finalizing KC-390 development, improving operational efficiency, increasing international sales, and adjusting programs to the Brazilian government's budget.
This document contains Embraer's earnings results for the 3rd quarter of 2015. It highlights strong order backlog and aircraft deliveries. Net revenues increased compared to the same period last year. Income from operations and EBITDA margins were in line with expectations. However, net income was negative due to currency fluctuations. Research, development and capital expenditures remained on track with annual targets.
- Embraer delivered 122 commercial jets in 2015 and has a record backlog of 530 aircraft.
- Revenues in 2015 were between $3.2-3.4 billion, meeting guidance.
- The E-Jets E2 program is on schedule with 640 commitments so far and the E-Jets have a 60% market share in the 70-130 seat segment.
- The E-Jets E2 are expected to have 24% lower fuel burn per seat and 25% lower maintenance costs per seat compared to current E-Jets.
This document provides Embraer's earnings results for the 2nd quarter of 2015. It summarizes key highlights including record backlog, positive free cash flow, and net income. The outlook for 2015 is also revised with increased guidance for net revenues, EBITDA, and EBIT. Overall the document presents Embraer's financial performance and outlook in a favorable light with continued growth.
This document provides an overview of Embraer's corporate and business strategy, including:
- Organic growth, margin enhancement, business diversification, and organic growth through acquisitions.
- Establishing Embraer as the defense house of Brazil and focusing on product strategy, customer base expansion and excellence in customer experience.
- Details on Embraer's commercial jet portfolio, order backlog, revenues, and outlook for 2015 aircraft deliveries.
- Information on the E-Jets family and new E2 models in development.
2. Company Highlights
Company established in 1969, with business in four segments.
Privatized in 1994 and listed in USA in 2000.
Strong Balance sheet with solid Net cash position.
Global footprint.
Broad customer base in commercial and executive aviation, defense and
security segments.
Investment Grade rating by Moody’s and S&P.
Highly experienced management team.
2
3. Global Business
Operations in Brazil, USA, Europe and Asia One of Brazil’s largest exporters of manufactured goods
Dual listed in Brazil’s Bovespa (1989) and NYSE (2000) Diversified customer-base across five continents
France
Villepinte
Le Bourget
USA
Fort Lauderdale Portugal
Nashville Alverca
Mesa Évora*
China
Windsor Locks
Louisville Beijing
Minneapolis Harbin
Melbourne*
Singapore
Singapore
Brazil
São José dos Campos
Gavião Peixoto
Botucatu
Taubaté
São Paulo
* Under construction Countries of Operation Factories Offices Service Centers Spare Parts Distribution Centers Contracted/ Planned Authorized Network
3
4. Aircraft Deliveries
2010 deliveries estimates
• 90 commercial jets
• 17 executive large jets* ed
ass
• 120 executive light jets** S urp
165
133 125 126
103 98 101
27 36 37
2 21 19
2006 2007 2008 2009 2010
Commercial Jets Executive Large Jets* Executive Light Jets**
* Legacy e Lineage
** Phenom 4
5. Net Revenue
US$ Million Gu
i
Ac danc
hie e
ve d
6,335
5,245 5,498 5,364
3,760
2006 2007 2008 2009 * 2010 *
Guidance 2010: Net Revenue - US$ 5.25 billion
2006-2008: US GAAP
* 2009-2010: IFRS
5
7. Revenue Breakdown
Revenue by Segment Revenue by Region
Net Revenue
US$ Billion*
6.33 5.49 5.36 6.33 5.49 5.36
2% 2% 2%
9% 11% 11% 7% 6% 4%
8% 9% 13% 18% 21% 22%
14%
16% 4%
21% 10% 11% 13%
7%
18% 15%
67% 33%
62%
53% 33%
43%
22%
13%
2008 2009 2010 2008 2009 2010
Commercial aviation Defense and security North America Europe Latin America
Executive aviation Aviation services Brazil Asia Pacific Others
Others
2008: US GAAP
* 2009-2010: IFRS
7
8.
9. Product Portfolio
capacity: 37 seats
capacity: 70 to 80 seats range: 1,750 nm (3,250 Km)
range: 2,100 nm (3,900 Km)
capacity: 44 seats
capacity: 78 to 88 seats
range: 1,650 nm (3,050 Km)
range: 2,000 nm (3,700 Km)
capacity: 98 to 114 seats capacity: 50 seats
range: 2,400 nm (4,500 Km) range: 1,550 nm (2,900 Km)
capacity: 50 seats
capacity: 108 to 122 seats range: 2,000 nm (3,700 Km)
range: 2,200 nm (4,100 Km)
9
10. Commercial Aviation Performance
E-Jets Around the World
Commercial Aviation - Order Book 4Q10
Firm Firm
Options Total Deliveries Backlog
Orders
ERJ 145 Family 890 - 890 888 2
EMBRAER 170 191 40 231 181 10
EMBRAER 175 173 276 449 133 40
EMBRAER 190 478 353 831 321 157
EMBRAER 195 105 51 156 64 41
TOTAL E-JETS
E- 947 720 1.667 699 248
TOTAL 1.837 720 2.557 1.587 250
10
11. Worldwide Distribution
Commercial Jets Market Share Evolution Worldwide Diversified Customers Across 5 Continents
60-120 Seats Jets
North Asia Pacific /
America China
16% 12%
60%
Latin
America Middle East /
Africa
18%
43% 22%
40%
Europe / CIS
31%
32%
20% Firm Orders
7%
6%
6% Asia Pacific / China
3%
3% 14%
0% 1%
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
North Middle East /
America Africa
44% 9%
Considering Accumulated Net Orders
Europe / CIS
21%
Latin America
12%
11
12. E-Jets Market Acceptance
E-Jets efficiency in all business models
(% of E-Jets Fleet+Backlog)
Low Cost Carriers Network Airlines
• New markets • Right-sizing
• Right-sizing • New markets
Regional Airlines
• Natural Growth
• Right-sizing
E-Jets supported by leasing companies
12
13. E-Jets Deployment
6%
29%
21%
8% 32%
25% 5%
14%
8% 7%
6% 33%
5%
57% 5% 49%
40%
8% 62%
20% 12%
Europe 7%
11%
North C h in a
America 20%
33%
31% 39%
Middle East
8% 11%
49%
52% 50%
Latin Africa Asia P acific
America
World 50% 20% 9% 21%
Right-sizing New Markets Replacement Natural
of old Jets Growth
13
16. Air Transport Demand - IATA
World – International RPK Growth Rate (% yoy)
12
10
Economic Recession
8
6
4
2
0
-2
-4
-6 Lehman Iceland
Brothers Volcano
-8
Bankrupcy
-10
-12
7.4% 1.6 % -3.5% 8.2% 8%
-14
May-07
May-08
May-09
May-10
Jan-07
Mar-07
Jul-07
Jan-08
Mar-08
Jul-08
Jan-09
Mar-09
Jul-09
Jan-10
Mar-10
Jul-10
Jan-11
Sep-07
Nov-07
Sep-08
Nov-08
Sep-09
Nov-09
Sep-10
Nov-10
Air travel rebounded after being depressed by severe
winter weather conditions in Europe and North America
16
17. Airline Financial Results - World
20 Net Profit Net Loss Net Margin 8
Net Profit/Loss (US$ billion)
15 6
Region 2009 2010E 2011F
Net Profit/Loss (US$ Billion)
10 4
Africa - 0.1 0.1 0.0
Net Margin (%)
5 2
Asia Pacific - 2.7 7.6 3.7
0 0
Europe - 4.3 1.4 0.5
-5 -2 Latin America 0.5 1.0 0.3
-10 -4 Middle East - 0.6 1.1 0.7
-15 -6 North America - 2.7 4.7 3.2
-20 -8 World - 9.9 16.0 8.6
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2011F
2010E
High fuel prices squeeze airline profits despite better economic outlook
2011F net profit of US$8.6bi, down from US$9.1bi in last December forecast
17
18. Embraer Market Forecast (2010-2029)
• Scope Clauses relaxation allowing 80-seater aircraft as a natural growth of RJ50s in the US
• Right-sizing of narrow-body operations
• Regional aviation development in Emerging Markets
• Acceleration of replacement of old & inefficient jets
Russia /
CIS
Europe
North
North 405
155
America
America 1,510
580 6%
22%
2,400
840 China
Projected Deliveries- Jets 35%
32%
Market Segment 2010 – 2019
2029 Middle 340
950
Africa East
(Seats) Deliveries 14%
13%
30-60 475
60 220
80 240
105
Latin Asia
61-90 2,515
1,015 Latin 3% 4% Pacific
America
America
91-120 3,885
1,550
210
575
30-120 6,875
2,625 315
575 8%
12%
8%
Around 6,875 jet deliveries (30-120 seats) in the next 20 years (US$ 200 bi)
18
20. Pre-Owned ERJ Transactions
Republic - USA Passaredo - Brazil
BMI – United Kingdom
FinnComm - Finland Dniproavia - Ukraine Aeromexico Connect - Mexico
Satena - Colombia City Airline - Sweden Diexim Expresso - Angola
Air Namibia - Namibia Air26 - Angola South African Airlink - USA
More than 200 ERJ transactions since 2000
20
21.
22. Product Portfolio
Aircraft Model Seats / Range Competitors
Entry • Cessna - Mustang
Phenom 100 4 / 1,160 nm
CJ1+
Certified: 2008
Phenom 300 • Cessna - CJ3
Light 6 / 1,800 nm
• Hawker - H400XP
Certified: 2009
4 to 8 / 2,200 • Bombardier -
Mid-light Legacy 450 Lear 60XR
to 2,300 nm
Expected Certification: 2013 • Cessna - XLS+
Mid-size Legacy 500 4 to 8 / 2,800 • Cessna - Sovereign
to 3,200 nm • Hawker - H900XP
Expected Certification: 2012
Super Mid-Size Legacy 600 10 to 14 / 3,250 nm
• Bombardier -
Certified: 2001
Challenger 300/605
• Dassault – Falcon
Large Legacy 650 10 to 14 / 3,900 nm 2000EX/LX
Certified: 2010
• Bombardier –
Ultra-Long Range Global XRS
• Gulfstream – G550
Lineage 1000 13 to 19 / 4,400
Ultra-large • Airbus - A318 Elite
to 4,500 nm
Certified: 2008
22
25. 2011-20 Market Forecast World Deliveries
Industry Deliveries (units)
Industry Revenues
240
200
160
US$ 210 Bi
US$ 169.6 Bi (10,000 jets)
120
(9,029 jets)
80
40
0
2000-10 2011-20
Historic Forecast
More than 10,000 jets: US$ 210 billion over the next 10 years
25
26. U.S. Corporate Profits
1.600
1.400
+10% Current
1.200
billions of dollars
1.000 Financial 2007 avg
800
600
Nonfinancial +100%
400
Low
200
0
I II III I I II III I I II III I I II III I I II III I I II III I I II III
2004 2005 2006 2007 2008 2009 2010
28. Business Jets Traffic
230
US/FAA Bizjet Flight Activity
220
210
200
190 2006
2004
180 2007
2005
170
2011 2010
160
150 2009
140 2008
130
ov
g
r
p
ec
l
n
ar
ct
b
n
ay
Ju
Ap
Au
Se
Ja
Fe
Ju
O
M
N
D
M
60 European Bizjet Flight Activity
55
50
45
40 2007
2011 2010
2006
35 2009
2008
30 2005
2004
25
ov
g
r
p
ec
l
ct
n
b
ar
n
ay
Ju
Ap
Au
Se
Ja
Fe
Ju
28
O
M
N
D
M
29. Pre-owned Inventory: Recovering
Business Jets For Sale 2008: Net increase of 1100 a/c
2009: Net increase of 33 a/c
2010: Net decrease of 155 a/c
3500 2011: Net decrease of 94 a/c 28%
Fleet up to 5 yrs and positions Positions
26%
Fleet up to 5 yrs Fleet from 6 to 10 yrs
3000 24%
Fleet older than 10 yrs % for sale (per total active fleet) 22%
14.2% 9.3%
2500 up to 10 yrs % for sale 2555 jets 761 jets 20%
18%
% of active fleet
2000 16%
Units
14%
1500 12%
10%
1000 8%
6%
500 4%
2%
0 0%
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
99 00 01 02 03 04 05 06 07 08 09 10 11
29
30.
31. Defense and Security Portfolio
ISR (Intelligence, Surveillance Advanced Training and
Transport of Authorities Military Tactical Transport
and Reconnaissance) Light Attack
Modernization Programs Services Command and Control
Systems
31
32. Worldwide Presence
Canada
Sweden
Germany
United States United Kingdom¹
Italy
Luxembourg
Belgium Greece
Kuwait¹
Switzerland
France Pakistan
Spain
Portugal Tunisia Thailand
Dominican Rep. Libya
Honduras
Mauritania Egypt
Panama
Indonesia
Mexico Niger Kenya¹
Venezuela Chad
Colombia Togo
Nigeria India
Equatorial Guinea
Ecuador
Gabon
Peru
Brazil
Argentina
Paraguay Angola
Chile Uruguay
Embraer Defense and Security is present in more than 40 countries.
32
33. Super Tucano
• Prospects:
• Firm orders: 180 aircraft
• Latin America
• Brazil: 99
• South East Asia
• Colombia: 25
• USA
• Dominican Republic: 8
• Africa
• Chile: 12
• Ecuador: 18
• Indonesia: 8
• XE Aviation: 1
• Undisclosed: 9
• Deliveries: 152 aircraft
• To be delivered: 28 aircraft •Ref.: March, 2011
33
34. EMBRAER KC-390
Length: 33.81 m (110.9 ft)
Wingspan: 35.06 m (115.0 ft)
Height: 10.26 m (33.7 ft)
• New tactical military transport aircraft • Towards the end of the “Initial Definition Phase”
• Payload: 23 ton / Range: 1400 nm • Market Forecast 2025: 700 aircraft / US$ 50+ bi
• Brazil, Chile, Colombia, Portugal, Czech Republic
and Argentina signed LOI for up to 60 KC-390 aircraft.
34
35. KC-390 Master Schedule
2009 2010 2011 2012 2013 2014 2015 2016
Preliminary Design Initial Definition Joint Definition Detailed Design and Certification Phase
Phase - PD Phase - IDP Phase - JDP DDP
Wind Tunnel PDR CDR
Testing
Loads Calculation
Loads Calculation
Structures Calc
Structures Calc
Drawings
Drawings
Partnership and Supplier
Procurement
Tooling
Tooling
1 2
Prototypes
IOC
IOC
FOC
FOC
Structural Testing
Structural Testing
Program running on schedule, in final phase of main partners selection
and geared-up for full-scale development.
35
42. 2011 Outlook
2010 Results 2011 Outlook
Net Revenues US$ 5.36 billion ~5% US$ 5.60 billion
US$ Billion
1.2 0.6
20%
11% 0.05 0.15
0.7 0.10
14% 0.40
3.1
55%
Commercial aviation Defense and security
Executive aviation Aviation services and others
42
43. 2011 Outlook
2010 Results 2011 Outlook
EBIT US$ 392 million ~7% US$ 420 million
EBIT Margin 7.3% ~3% 7.5%
EBITDA US$ 611 million US$ 610 million
EBITDA Margin 11% 11%
43
44. 2011 Outlook
2010 Results 2011 Outlook
Research US$ 72 million US$ 90 million
Development * US$ 79 million US$ 210 million
CAPEX US$ 74 million US$ 200 million
9%
Corporate Information
US$ Million 9%
7%
5%
5%
4% 200
209
235 CAPEX
104 R&D
74
91 300
260 Investment / Revenue
197
113 144 151
2006 2007 2008 2009 2010** 2011E**
* Product development costs are differed and amortized upon aircraft delivery.
** 2010 result and 2011 estimate in IFRS.
44
46. 2010 Accomplishments
10th anniversaries: NYSE Euronext listing.
Presence in China, Singapore and GPX.
Embraer elected for the 2nd consecutive year, one
of the best companies to work for in Brazil.
Embraer selected as Gold Class on
the DJSI and also on the ISE.
46
47. Lean Results: E-Jets Final Assembly
Line Transformation
“Dock” layout - 2008 Assembly Line – 2009 Assembly Line – 2011
Performance indicators May/2008 July/2009 Sep/2009 June/2010 Mar/11 Out/11
(15ac/month) (10ac/month) (10ac/month) (8ac/month) (10ac/month) (12ac/month)
Number of positions 12 6 5 4 4 4
Cycle time (days) 18 12 10 8 8 7
Work in process (US$mi) 212 106 95 89 68 68
Number of non-conformity
per a/c
32 7 1,7 0 0 0
Over time (% of work
hours)
10 1,5 1,5 0,2 0 0
47
50. Looking to the Future - Lean Design
Process and product development
RWK
Lean Design Lean Manufacturing
Optimize product value, prevent waste in the production process Transport, storage,
Minimum number of parts, low complexity of parts, Potentiates motion, waiting,
product maturity, appropriate accuracy, less variability in the overproduction,
project, etc.. defects waste
elimination
50
51. Sustainability Initiatives
Social, Environmental and Economic Dimensions
ISO 14001 and OHSAS
18001 Certifications
Brazilian Alliance for Bio-fuel
1st ethanol powered
aircraft in the World
Social Activities
Reforestation Projects
Recycling Ipanema
Corporate Values
Greener Technology
51
52. People Development
Graduate
31% High
School
62% Identify and Nurturing of newly graduated talents
14 Classes concluded (1031 attendees)
Postgrad
5% Ph.D.
2%
• 109.835 Attendances • Total investment:
• 727.430 hours R$ 5.465.878,00
Trainings / Professional Category
Category Trained Employees Hours Per capital hours
Leadership 759 32768 43
Engineering 3102 240439 78
Technician 1908 134498 70
Operational 7279 197324 27
Professional 1530 86229 56
Administrative 606 27622 46
Pilots 83 1055 13
Intern 225 7425 33
Total 15492 727430 47
52
58. Forward Looking Statement
This presentation includes forward-looking statements or statements about events or
circumstances which have not occurred. We have based these forward-looking statements
largely on our current expectations and projections about future events and financial trends
affecting our business and our future financial performance. These forward-looking
statements are subject to risks, uncertainties and assumptions, including, among other things:
general economic, political and business conditions, both in Brazil and in our market. The
words “believes,” “may,” “will,” “estimates,” “continues,” “anticipates,” “intends,” “expects” and
similar words are intended to identify forward-looking statements. We undertake no
obligations to update publicly or revise any forward-looking statements because of new
information, future events or other factors. In light of these risks and uncertainties, the
forward-looking events and circumstances discussed in this presentation might not occur. Our
actual results could differ substantially from those anticipated in our forward-looking
statements.
58