The document is a presentation by the Executive Vice President and CFO of Embraer summarizing the company's performance in the first quarter of 2007. It includes forward-looking statements and discusses Embraer's jet deliveries, revenues, margins, earnings, and net income for both the quarter and compared to previous years. Charts and graphs show trends in these financial metrics from 2002 to 2007.
This document provides an overview of the commercial aviation market for regional jets seating 30-120 passengers. It notes that air travel demand continues to grow globally despite economic challenges. Low-cost carriers have doubled their fleet and network since 2000, putting pressure on fares. Many new airlines have also started operations since 2006 due to liberalization. High fuel prices are expected to remain elevated, making fuel efficiency gains increasingly important for airlines. The market for regional jets remains an important part of the aviation industry.
Embraer reported its first quarter 2007 results. Jet deliveries were lower than the previous year at 25 due to supply chain issues. However, revenues increased 4.3% due to favorable product mix. Gross margin declined due to inventory adjustments and higher costs. The backlog reached a record $15 billion after 11 new E-Jet orders. Actions were taken to increase production capacity and labor force to deliver 165-170 jets in 2007.
2002* Segundo Encontro Anual Com Analistas E Investidores ApresentaçãO Fina...Embraer RI
The document discusses Embraer's second annual investors and analyst meeting. It provides an overview of Embraer's capital structure, stock dividends, third quarter results including the income statement, balance sheet, and key performance indicators. It also discusses Embraer's investments, revenue, earnings, employees, production cycle, and the differences between Brazilian GAAP and US GAAP accounting standards.
This document is a presentation from Embraer Defense and Security that provides an overview of the company and its portfolio. It discusses Embraer Defense and Security's strategic vision to be a leader in the Brazilian defense market and expand into adjacent markets. The presentation outlines the company's main programs such as the KC-390 tactical aircraft, modernization programs, and integrated border monitoring systems. It also profiles partners and growth opportunities through acquisitions and joint ventures.
Iochpe-Maxion - Merril Lynch Small & Mid Cap Conference PresentationIochpe-Maxion
Iochpe-Maxion operates in three divisions: wheels and chassis for commercial vehicles, railroad equipment, and automotive parts. It has plants in São Paulo and Minas Gerais states in Brazil. The company was founded in 1918 and has undergone restructuring and ownership changes. Today it has over 5,900 employees. Its largest division is wheels and chassis, which supplies parts for trucks, buses, and agricultural vehicles, accounting for 57% of sales in 9M04. This division has experienced strong and consistent growth in recent years.
- PIPE investments from 2007 that were valued at $5.29 billion are now worth $3.06 billion, representing a loss of $2.23 billion or -42%. The downturn has impacted sectors like real estate, media, and IT the most with losses over -70%.
- 92% of PIPE deals from 2007 are showing losses. IPO volumes from 2007 of $8.18 billion have fallen to $4.75 billion, a loss of $3.43 billion or -42% across sectors like auto, healthcare, manufacturing, media and real estate.
- The market downturn has led to widespread wealth destruction for investments made in 2007 across most sectors.
Mahindra & Mahindra Financial Services Limited is one of India's leading non-bank finance companies focused on rural and semi-urban sectors. It has entered over 641,000 customer contracts and has an extensive distribution network of 403 branches across 25 states and 2 union territories. For the fiscal year ending March 31, 2007, the company reported total revenues of INR 8,446 million and a profit after tax of INR 1,329 million with total assets of INR 62,809 million. The company aims to continue diversifying its product portfolio and expanding into new business areas like housing and personal loans.
Mahindra & Mahindra Financial Services Limited is one of India's leading non-bank finance companies focused on rural and semi-urban sectors. It has entered over 641,000 customer contracts and has an extensive distribution network of 403 branches across 25 states and 2 union territories. For the fiscal year ending March 31, 2007, the company reported total revenues of INR 8,446 million and a profit after tax of INR 1,329 million with total assets of INR 62,809 million. The company aims to continue diversifying its product portfolio and expanding into new business areas like housing and personal loans.
This document provides an overview of the commercial aviation market for regional jets seating 30-120 passengers. It notes that air travel demand continues to grow globally despite economic challenges. Low-cost carriers have doubled their fleet and network since 2000, putting pressure on fares. Many new airlines have also started operations since 2006 due to liberalization. High fuel prices are expected to remain elevated, making fuel efficiency gains increasingly important for airlines. The market for regional jets remains an important part of the aviation industry.
Embraer reported its first quarter 2007 results. Jet deliveries were lower than the previous year at 25 due to supply chain issues. However, revenues increased 4.3% due to favorable product mix. Gross margin declined due to inventory adjustments and higher costs. The backlog reached a record $15 billion after 11 new E-Jet orders. Actions were taken to increase production capacity and labor force to deliver 165-170 jets in 2007.
2002* Segundo Encontro Anual Com Analistas E Investidores ApresentaçãO Fina...Embraer RI
The document discusses Embraer's second annual investors and analyst meeting. It provides an overview of Embraer's capital structure, stock dividends, third quarter results including the income statement, balance sheet, and key performance indicators. It also discusses Embraer's investments, revenue, earnings, employees, production cycle, and the differences between Brazilian GAAP and US GAAP accounting standards.
This document is a presentation from Embraer Defense and Security that provides an overview of the company and its portfolio. It discusses Embraer Defense and Security's strategic vision to be a leader in the Brazilian defense market and expand into adjacent markets. The presentation outlines the company's main programs such as the KC-390 tactical aircraft, modernization programs, and integrated border monitoring systems. It also profiles partners and growth opportunities through acquisitions and joint ventures.
Iochpe-Maxion - Merril Lynch Small & Mid Cap Conference PresentationIochpe-Maxion
Iochpe-Maxion operates in three divisions: wheels and chassis for commercial vehicles, railroad equipment, and automotive parts. It has plants in São Paulo and Minas Gerais states in Brazil. The company was founded in 1918 and has undergone restructuring and ownership changes. Today it has over 5,900 employees. Its largest division is wheels and chassis, which supplies parts for trucks, buses, and agricultural vehicles, accounting for 57% of sales in 9M04. This division has experienced strong and consistent growth in recent years.
- PIPE investments from 2007 that were valued at $5.29 billion are now worth $3.06 billion, representing a loss of $2.23 billion or -42%. The downturn has impacted sectors like real estate, media, and IT the most with losses over -70%.
- 92% of PIPE deals from 2007 are showing losses. IPO volumes from 2007 of $8.18 billion have fallen to $4.75 billion, a loss of $3.43 billion or -42% across sectors like auto, healthcare, manufacturing, media and real estate.
- The market downturn has led to widespread wealth destruction for investments made in 2007 across most sectors.
Mahindra & Mahindra Financial Services Limited is one of India's leading non-bank finance companies focused on rural and semi-urban sectors. It has entered over 641,000 customer contracts and has an extensive distribution network of 403 branches across 25 states and 2 union territories. For the fiscal year ending March 31, 2007, the company reported total revenues of INR 8,446 million and a profit after tax of INR 1,329 million with total assets of INR 62,809 million. The company aims to continue diversifying its product portfolio and expanding into new business areas like housing and personal loans.
Mahindra & Mahindra Financial Services Limited is one of India's leading non-bank finance companies focused on rural and semi-urban sectors. It has entered over 641,000 customer contracts and has an extensive distribution network of 403 branches across 25 states and 2 union territories. For the fiscal year ending March 31, 2007, the company reported total revenues of INR 8,446 million and a profit after tax of INR 1,329 million with total assets of INR 62,809 million. The company aims to continue diversifying its product portfolio and expanding into new business areas like housing and personal loans.
1) The company delivered 148 jets in 2005, up from 141 in 2004. Jet deliveries, revenues, income from operations, net income, and dividends have generally been increasing since 2001.
2) The order backlog was $17.5 billion in 2005, consisting of $13.6 billion in firm orders and $3.9 billion in options.
3) Projected jet deliveries are 145-150 in 2006 and 2007. The ERJ 145 family is projected to make up 51% of 2006 deliveries while the EMBRAER 170/190 family is projected to make up 76-79% in 2006-2007.
Encontro de Investidores em NY - Apresentação CorporativaEmbraer RI
This presentation provides an overview of Embraer's business and proposed new capital structure. It discusses Embraer's product lines including defense, ISR, and transport products. It outlines key defense market trends and Embraer's vision. The presentation also reviews Embraer's financial performance and proposed new capital structure which would enhance its valuation and financing flexibility while instituting shareholder protections.
2002 - Third Annual Analyst & Investor Meeting Defense MarketEmbraer RI
This document summarizes Embraer's third annual investor meeting, focusing on its defense market segment. It outlines Embraer's integrated market approach and portfolio of defense products like the Super Tucano and AMX. It discusses programs in Brazil, international markets, and new opportunities in intelligence, surveillance, and reconnaissance systems following 9/11. The defense segment's goal is for ISR to achieve 20% of Embraer's total revenue in 5 years.
Embraer announced strong financial results for the second quarter of 2008, with net revenue increasing 21.9% and net income up 34.3% over the same period last year. The company also announced new executive jet models, received certifications, and signed new contracts. Looking forward, Embraer forecasts increased deliveries and continued growth, with planned investments in research and development as well as property, plant, and equipment.
Embraer delivered its first E-Jet to Mozambique's Lam airline and also to British Airways and Lufthansa Cityline. It delivered its 600th E-Jet to Lot Polish Airlines five years after the first delivery. Embraer's net revenue was $963 million in the third quarter of 2009, with an operating income of $1015 million and a net income attributable to Embraer of $1029 million. Its order backlog totaled $7.92 billion at the end of the third quarter of 2009.
2005 - Chinese Market Presentation May 2005Embraer RI
This document discusses Embraer's commitment to the regional aviation market in China. It summarizes Embraer's presence in China through industrial cooperation to manufacture aircraft, a spare parts center in Beijing, and an ERJ145 simulator in Zhuhai. The document also analyzes opportunities for regional jets in China's developing regional aviation market in areas like rightsizing aircraft, developing new shuttle routes, and improving connectivity to Hong Kong and Macau.
2008 - First Quarter Results 2008 In U.S. GaapEmbraer RI
Embraer added new customers and orders for its E-Jet family in the first quarter of 2008. Key financial figures such as revenues, earnings, and backlog increased compared to the same period last year. The company also repurchased over $320 million of its own shares. Looking ahead, Embraer forecasts increased jet deliveries and investments in 2008 and 2009.
2007 - 7th Annual U.S. Analyst & Investor Meeting Luis Carlos AffonsoEmbraer RI
The 7th Annual U.S. Analyst & Investor Meeting provided an overview of the business aviation market and Embraer's product portfolio and strategy. The business jet market is growing, with over 800 deliveries in 2006. Demand is shifting towards non-traditional markets like Russia, the Middle East, and Asia. Embraer forecasts over 11,000 executive jet deliveries from 2007-2016. Embraer's product line includes the Legacy 600, Phenom 100, Phenom 300, and Lineage 1000 jets. The meeting also covered Embraer's focus on customer support and services as well as sales financing solutions.
2007 - 7th Annual U.S. Analyst Airline Market Overview Commecial AviationEmbraer RI
The document provides an overview of the airline market from the perspective of aircraft in the 30-120 seat segment. It discusses trends in the industry including increased low-cost carrier competition, higher fuel prices, and efforts by airlines to reduce costs. Opportunities for regional jets include replacing aging fleets in China, Russia, and other growing markets. The E-Jets family from Embraer is positioned as helping airlines improve efficiency through right-sizing aircraft on routes.
Embraer reported strong financial results for the third quarter of 2006. Key highlights include 137 new commercial aviation orders, over 300 new executive aviation orders, and the appointment of a new CEO. The company saw increased revenues, gross margins around 28%, and net income of US$61 million. Embraer also maintained a strong backlog of over US$14.9 billion and forecasted jet deliveries to increase to 160 aircraft in 2007.
- Embraer delivered 36 jets in Q3 2006, down from 40 in the previous quarter.
- Net revenues were $894 million for Q3 2006, with a gross margin of 28.3%.
- Commercial aviation accounted for 67% of net revenues for the first nine months of 2006.
- Net income was $61 million in Q3 2006, with a net cash position of $507 million.
1) Embraer concluded its restructuring process and began listing on the Novo Mercado segment of the Brazilian stock exchange.
2) Embraer introduced the Lineage 1000, a new ultra-large business jet based on the EMBRAER 190 commercial jet platform.
3) Embraer delivered 40 jets in the second quarter, maintained a high gross margin of 28.2%, and reported a net income of US$139 million.
Embraer reported its financial results for the first quarter of 2005. Key highlights included Republic Airways adding 16 firm and 34 optional EMBRAER 170 orders, delivery of Embraer's 900th ERJ 145 jet, and approval to acquire a 65% stake in OGMA, a European maintenance company. Net revenues were $763 million for Q1 2005, lower than the previous year's quarters. However, net income was $97 million, representing a 12.6% margin. Inventories increased to $1.57 billion and total debt was $1.04 billion, with an average cost of 5.3% in US dollars.
Embraer reported its financial results for the first quarter of 2005. Net revenues decreased 20% to $763 million due to lower jet deliveries of 30 aircraft compared to 43 in the prior year. However, gross margin improved to 35.1% from 33.2% last year. Net income totaled $97 million, down 12% from $110 million in 1Q04. The commercial jet backlog remained strong at $9.9 billion and Embraer forecast jet deliveries of 145 aircraft in 2005 and 145 again in 2006.
2007 - 7th Analysts And Investors Meeting Results & PerformanceEmbraer RI
Embraer held its 7th annual analysts and investors meeting in New York in April 2007 to discuss results and performance. Antonio Luiz Pizarro Manso, Executive Vice President and CFO, presented information on Embraer's financial results for 2006, including record net revenue, income from operations, net income, and order backlog. Projections were also provided for deliveries, research and development spending, and property, plant and equipment investments through 2008.
- Embraer announced strong commercial jet sales in the third quarter including 30 firm orders and options, and its order backlog reached a record high of $21.6 billion despite currency volatility negatively impacting earnings. However, the majority of Embraer's revenues are dollar-denominated, providing a natural hedge against currency fluctuations. Embraer also uses hedging instruments to further mitigate currency exposure, recognizing a $92.9 million loss this quarter from marking currency hedges to market.
1) EDP Energias do Brasil reported EBITDA of R$364 million and net income of R$120 million for 3Q09.
2) Energy volume sold by the generation business increased 30% to 2,060 GWh due to an asset swap. Commercialized energy sales volume rose 36%.
3) Net revenue increased 2% to R$1,183 million. Manageable expenses dropped 8% for the seventh quarter in a row.
- Embraer delivered 36 jets in the second quarter of 2007, bringing total deliveries for the first half of the year to 61 aircraft.
- While industrial costs remained high due to production inefficiencies, Embraer's backlog reached a record high of $15.6 billion and the Phenom family accumulated over 460 firm orders.
- Embraer signed important deals at the 2007 Paris Air Show including orders from Lufthansa, Japan Airlines, and BRA Transportes Aéreos.
This document is a disclaimer for an investment presentation by Profarma. It states that the presentation does not constitute an offering or form the basis of any contract. The information provided should not be relied upon for investment decisions and contains forward-looking statements that are subject to risks. The document contains summary information that is not intended to be complete without additional context.
Third Quarter 2007 results:
- Embraer delivered 47 jets in 3Q07 bringing total deliveries for the year to 108 jets.
- Net revenues increased to $1.4 billion in 3Q07, with a gross margin of 21.8%.
- Net income was $195 million in 3Q07, with a net margin of 13.6%.
- Backlog reached a record high of $17.2 billion at the end of 3Q07.
The document discusses WEG S.A., a Brazilian manufacturer of electric motors, generators, transformers, and gearboxes. It provides an overview of WEG's business units and key markets. It also summarizes the company's financial performance between 2004-2010, with revenues growing at a CAGR of 17% and EBITDA growing at 16%. The document highlights opportunities for WEG in areas like energy management, renewable energy, smart infrastructure, and electric vehicles.
1) The company delivered 148 jets in 2005, up from 141 in 2004. Jet deliveries, revenues, income from operations, net income, and dividends have generally been increasing since 2001.
2) The order backlog was $17.5 billion in 2005, consisting of $13.6 billion in firm orders and $3.9 billion in options.
3) Projected jet deliveries are 145-150 in 2006 and 2007. The ERJ 145 family is projected to make up 51% of 2006 deliveries while the EMBRAER 170/190 family is projected to make up 76-79% in 2006-2007.
Encontro de Investidores em NY - Apresentação CorporativaEmbraer RI
This presentation provides an overview of Embraer's business and proposed new capital structure. It discusses Embraer's product lines including defense, ISR, and transport products. It outlines key defense market trends and Embraer's vision. The presentation also reviews Embraer's financial performance and proposed new capital structure which would enhance its valuation and financing flexibility while instituting shareholder protections.
2002 - Third Annual Analyst & Investor Meeting Defense MarketEmbraer RI
This document summarizes Embraer's third annual investor meeting, focusing on its defense market segment. It outlines Embraer's integrated market approach and portfolio of defense products like the Super Tucano and AMX. It discusses programs in Brazil, international markets, and new opportunities in intelligence, surveillance, and reconnaissance systems following 9/11. The defense segment's goal is for ISR to achieve 20% of Embraer's total revenue in 5 years.
Embraer announced strong financial results for the second quarter of 2008, with net revenue increasing 21.9% and net income up 34.3% over the same period last year. The company also announced new executive jet models, received certifications, and signed new contracts. Looking forward, Embraer forecasts increased deliveries and continued growth, with planned investments in research and development as well as property, plant, and equipment.
Embraer delivered its first E-Jet to Mozambique's Lam airline and also to British Airways and Lufthansa Cityline. It delivered its 600th E-Jet to Lot Polish Airlines five years after the first delivery. Embraer's net revenue was $963 million in the third quarter of 2009, with an operating income of $1015 million and a net income attributable to Embraer of $1029 million. Its order backlog totaled $7.92 billion at the end of the third quarter of 2009.
2005 - Chinese Market Presentation May 2005Embraer RI
This document discusses Embraer's commitment to the regional aviation market in China. It summarizes Embraer's presence in China through industrial cooperation to manufacture aircraft, a spare parts center in Beijing, and an ERJ145 simulator in Zhuhai. The document also analyzes opportunities for regional jets in China's developing regional aviation market in areas like rightsizing aircraft, developing new shuttle routes, and improving connectivity to Hong Kong and Macau.
2008 - First Quarter Results 2008 In U.S. GaapEmbraer RI
Embraer added new customers and orders for its E-Jet family in the first quarter of 2008. Key financial figures such as revenues, earnings, and backlog increased compared to the same period last year. The company also repurchased over $320 million of its own shares. Looking ahead, Embraer forecasts increased jet deliveries and investments in 2008 and 2009.
2007 - 7th Annual U.S. Analyst & Investor Meeting Luis Carlos AffonsoEmbraer RI
The 7th Annual U.S. Analyst & Investor Meeting provided an overview of the business aviation market and Embraer's product portfolio and strategy. The business jet market is growing, with over 800 deliveries in 2006. Demand is shifting towards non-traditional markets like Russia, the Middle East, and Asia. Embraer forecasts over 11,000 executive jet deliveries from 2007-2016. Embraer's product line includes the Legacy 600, Phenom 100, Phenom 300, and Lineage 1000 jets. The meeting also covered Embraer's focus on customer support and services as well as sales financing solutions.
2007 - 7th Annual U.S. Analyst Airline Market Overview Commecial AviationEmbraer RI
The document provides an overview of the airline market from the perspective of aircraft in the 30-120 seat segment. It discusses trends in the industry including increased low-cost carrier competition, higher fuel prices, and efforts by airlines to reduce costs. Opportunities for regional jets include replacing aging fleets in China, Russia, and other growing markets. The E-Jets family from Embraer is positioned as helping airlines improve efficiency through right-sizing aircraft on routes.
Embraer reported strong financial results for the third quarter of 2006. Key highlights include 137 new commercial aviation orders, over 300 new executive aviation orders, and the appointment of a new CEO. The company saw increased revenues, gross margins around 28%, and net income of US$61 million. Embraer also maintained a strong backlog of over US$14.9 billion and forecasted jet deliveries to increase to 160 aircraft in 2007.
- Embraer delivered 36 jets in Q3 2006, down from 40 in the previous quarter.
- Net revenues were $894 million for Q3 2006, with a gross margin of 28.3%.
- Commercial aviation accounted for 67% of net revenues for the first nine months of 2006.
- Net income was $61 million in Q3 2006, with a net cash position of $507 million.
1) Embraer concluded its restructuring process and began listing on the Novo Mercado segment of the Brazilian stock exchange.
2) Embraer introduced the Lineage 1000, a new ultra-large business jet based on the EMBRAER 190 commercial jet platform.
3) Embraer delivered 40 jets in the second quarter, maintained a high gross margin of 28.2%, and reported a net income of US$139 million.
Embraer reported its financial results for the first quarter of 2005. Key highlights included Republic Airways adding 16 firm and 34 optional EMBRAER 170 orders, delivery of Embraer's 900th ERJ 145 jet, and approval to acquire a 65% stake in OGMA, a European maintenance company. Net revenues were $763 million for Q1 2005, lower than the previous year's quarters. However, net income was $97 million, representing a 12.6% margin. Inventories increased to $1.57 billion and total debt was $1.04 billion, with an average cost of 5.3% in US dollars.
Embraer reported its financial results for the first quarter of 2005. Net revenues decreased 20% to $763 million due to lower jet deliveries of 30 aircraft compared to 43 in the prior year. However, gross margin improved to 35.1% from 33.2% last year. Net income totaled $97 million, down 12% from $110 million in 1Q04. The commercial jet backlog remained strong at $9.9 billion and Embraer forecast jet deliveries of 145 aircraft in 2005 and 145 again in 2006.
2007 - 7th Analysts And Investors Meeting Results & PerformanceEmbraer RI
Embraer held its 7th annual analysts and investors meeting in New York in April 2007 to discuss results and performance. Antonio Luiz Pizarro Manso, Executive Vice President and CFO, presented information on Embraer's financial results for 2006, including record net revenue, income from operations, net income, and order backlog. Projections were also provided for deliveries, research and development spending, and property, plant and equipment investments through 2008.
- Embraer announced strong commercial jet sales in the third quarter including 30 firm orders and options, and its order backlog reached a record high of $21.6 billion despite currency volatility negatively impacting earnings. However, the majority of Embraer's revenues are dollar-denominated, providing a natural hedge against currency fluctuations. Embraer also uses hedging instruments to further mitigate currency exposure, recognizing a $92.9 million loss this quarter from marking currency hedges to market.
1) EDP Energias do Brasil reported EBITDA of R$364 million and net income of R$120 million for 3Q09.
2) Energy volume sold by the generation business increased 30% to 2,060 GWh due to an asset swap. Commercialized energy sales volume rose 36%.
3) Net revenue increased 2% to R$1,183 million. Manageable expenses dropped 8% for the seventh quarter in a row.
- Embraer delivered 36 jets in the second quarter of 2007, bringing total deliveries for the first half of the year to 61 aircraft.
- While industrial costs remained high due to production inefficiencies, Embraer's backlog reached a record high of $15.6 billion and the Phenom family accumulated over 460 firm orders.
- Embraer signed important deals at the 2007 Paris Air Show including orders from Lufthansa, Japan Airlines, and BRA Transportes Aéreos.
This document is a disclaimer for an investment presentation by Profarma. It states that the presentation does not constitute an offering or form the basis of any contract. The information provided should not be relied upon for investment decisions and contains forward-looking statements that are subject to risks. The document contains summary information that is not intended to be complete without additional context.
Third Quarter 2007 results:
- Embraer delivered 47 jets in 3Q07 bringing total deliveries for the year to 108 jets.
- Net revenues increased to $1.4 billion in 3Q07, with a gross margin of 21.8%.
- Net income was $195 million in 3Q07, with a net margin of 13.6%.
- Backlog reached a record high of $17.2 billion at the end of 3Q07.
The document discusses WEG S.A., a Brazilian manufacturer of electric motors, generators, transformers, and gearboxes. It provides an overview of WEG's business units and key markets. It also summarizes the company's financial performance between 2004-2010, with revenues growing at a CAGR of 17% and EBITDA growing at 16%. The document highlights opportunities for WEG in areas like energy management, renewable energy, smart infrastructure, and electric vehicles.
Second Annual Analysts & Investors Presentation - Financial PresentationEmbraer RI
The document discusses Embraer's second annual investors and analyst meeting. It includes forward-looking statements about future events and financial trends that are subject to risks and uncertainties. The capital structure shows Embraer's voting shares are held by European and Brazilian entities, and preferred shares are listed on the NYSE and Bovespa. The presentation reviews Embraer's jet deliveries, revenues, profits, balance sheet, and performance indicators from 2000 to the third quarter of 2001. It also discusses investments, employment levels, production cycle times, and accounting differences between Brazilian GAAP and US GAAP.
Segundo Encontro Anual Com Analistas E Investidores ApresentaçãO FinanceiraEmbraer RI
The document discusses Embraer's second annual investors and analyst meeting. It provides an overview of Embraer's capital structure, stock dividends, third quarter results including the income statement, balance sheet, and key performance indicators. It also discusses Embraer's investments, revenue, earnings, employees, production cycle, and the differences between Brazilian GAAP and US GAAP accounting standards.
HMS Group presentation, Morgan Stanley EMEA Conference (April 2011)HMS Group
This presentation was created to present HMS Group at one-on-one meetings with investors within Morgan Stanley EMEA Conference (12-14 April 2011, London & New-York).
EDP Energias do Brasil reported its 2Q09 results. Key highlights include: 4%
- EBITDA of R$344 million and net income of R$213 million
- Energy volume sold by generation business up 29% year-over-year 18%
- Unveiling of full commercial operations at Santa Fé SHP
- Net revenue fell 1% due to elimination of Enersul figures 78%
- Manageable expenses down 12% for the sixth quarter in a row
- Approval and signature of long-term financing for Pecém I project
Bonds
BNDES/IDB
The presentation provides financial and operational details on EDP
2004* 5o.Encontro Anual De Investidores Da Embraer ApresentaçãO Financeira ...Embraer RI
The 5th Annual Investors and Analysts Meeting was held on November 18 & 19, 2004 in São José dos Campos, Brazil. Antonio Luiz Pizarro Manso, the CFO of Embraer, presented information on Embraer's financial performance and shareholder base. Some of the key differences between Brazilian GAAP and US GAAP accounting standards that were discussed include revenue recognition for long-term defense contracts, cost recognition for R&D, and accounting for translation effects from Brazilian real to US dollar exchanges rates.
2003* 4o.Encontro Anual De Investidores Da Embraer ApresentaçãO Financeira ...Embraer RI
The 5th Annual Investors and Analysts Meeting was held on November 18 & 19, 2004 in São José dos Campos, Brazil. Antonio Luiz Pizarro Manso, Embraer's CFO, presented information on Embraer's financial performance and shareholder base. Some key differences between Brazilian GAAP and US GAAP accounting standards were also outlined regarding revenue recognition, cost recognition, and translation effects.
Embraer fifth annual investor meeting financial presentationEmbraer RI
The document summarizes Embraer's 5th Annual Investors and Analysts Meeting held in November 2004. It discusses Embraer's shareholder base, dividends, differences between Brazilian GAAP and US GAAP accounting standards, reconciliation of net income and shareholders' equity between the two standards, and off-balance sheet exposure from financial guarantees, residual value guarantees, repurchase options, trade-in options, and trade-up options.
Similar to Paris Air Show - Corporativo e Relações com Investidores (20)
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.
Paris Air Show - Corporativo e Relações com Investidores
1. 2007 Air Show
Presentation
Results &
Performance
Antonio Luiz Pizarro Manso
Executive Vice President
Corporate & CFO
June 20, 2007
2. 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.
THE INFORMATION CONTAINED HEREIN IS PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR DISSEMINATED WITHOUT EMBRAER’S WRITTEN CONSENT
3. Jet Deliveries
36 37
30
27
25
1Q06 2Q06 3Q06 4Q06 1Q07
THE INFORMATION CONTAINED HEREIN IS PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR DISSEMINATED WITHOUT EMBRAER’S WRITTEN CONSENT
4. Net Revenues and Gross Margin
US$ Million
39,4% 37,7%
34,1%
30,2%
28,1%
3.830 3.807
3.441
2.526
2.144
2002 2003 2004 2005 2006
Net Revenue Gross Margin
THE INFORMATION CONTAINED HEREIN IS PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR DISSEMINATED WITHOUT EMBRAER’S WRITTEN CONSENT
5. Net Revenues and Gross Margin
US$ million
28.7% 28.3%
28.2% 27.5%
25.7%
1,084
1,021
894
808 843
1Q06 2Q06 3Q06 4Q06 1Q07
THE INFORMATION CONTAINED HEREIN IS PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR DISSEMINATED WITHOUT EMBRAER’S WRITTEN CONSENT
6. Net Revenue by Segment
1Q06 1Q07
Customer
Customer Services and
Others
Services and
16%
Others 17%
Commercial
Aviation 62% Executive
Aviation
Executive 14%
Aviation 11%
Defense and Commercial
Government Aviation
Defense and 5% 65%
Government 10%
THE INFORMATION CONTAINED HEREIN IS PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR DISSEMINATED WITHOUT EMBRAER’S WRITTEN CONSENT
7. EBIT – EBIT Margin
US$ Million
18,6%
15,8%
13,3%
12,3%
544 508
470 8,1%
308
265
2002 2003 2004 2005 2006
Income f rom Operations Margin
THE INFORMATION CONTAINED HEREIN IS PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR DISSEMINATED WITHOUT EMBRAER’S WRITTEN CONSENT
8. EBIT – EBIT Margin
US$ Million
13,2%
7,0%
135 5,2%
4,5%
76
37 46 0,5%
5
1Q06 2Q06 3Q06 4Q06 1Q07
Income f rom Operations EBIT Margin
THE INFORMATION CONTAINED HEREIN IS PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR DISSEMINATED WITHOUT EMBRAER’S WRITTEN CONSENT
9. EBITDA
US$ Million
14,8%
151 8,3%
7,6% 7,8%
85 23
75
62
2,7%
1Q06 2Q06 3Q06 4Q06 1Q07
Ebitda Ebitda Margin
THE INFORMATION CONTAINED HEREIN IS PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR DISSEMINATED WITHOUT EMBRAER’S WRITTEN CONSENT
10. Net Income
US$ Million
11,6%
11,1%
10,20%
8,8%
446
380 3 90
6,3%
223
136
200 2 2003 2004 2005 2006
Net Inc ome Net Margin
THE INFORMATION CONTAINED HEREIN IS PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR DISSEMINATED WITHOUT EMBRAER’S WRITTEN CONSENT
11. Net Income
US$ Million
13.6%
11.5%
8.1% 139
6.9% 124
26
65 61 3.1%
1Q06 2Q06 3Q06 4Q06 1Q07
Net Income Net Margin
THE INFORMATION CONTAINED HEREIN IS PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR DISSEMINATED WITHOUT EMBRAER’S WRITTEN CONSENT
12. Aircraft Financing Support
US$ Million
135.5
139.6
32.4
215.9 217.4 223.4
174.4 164
1Q06 2Q06 3Q06 4Q06 1Q07
CCF Acc Rec
THE INFORMATION CONTAINED HEREIN IS PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR DISSEMINATED WITHOUT EMBRAER’S WRITTEN CONSENT
13. Inventories
US$ Million
2,317
2,047
1,882
1,648 1,639
1Q06 2Q06 3Q06 4Q06 1Q07
THE INFORMATION CONTAINED HEREIN IS PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR DISSEMINATED WITHOUT EMBRAER’S WRITTEN CONSENT
14. Net Cash (Debt) Position
US$ Million
527 507
416
302
217
1Q06 2Q06 3Q06 4Q06 1Q07
THE INFORMATION CONTAINED HEREIN IS PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR DISSEMINATED WITHOUT EMBRAER’S WRITTEN CONSENT
15. Loans
Total Debt of US$ 1,224.3 Million
Brazilian
Short Currency
Term 21%
36%
Foreign
Long
Currency
Term
79%
64%
• Average cost in R$ = 7.1%p/a Average Maturity: 4 years and 9 months
• Average cost in US$ =Libor + 1.69% p/a
THE INFORMATION CONTAINED HEREIN IS PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR DISSEMINATED WITHOUT EMBRAER’S WRITTEN CONSENT
16. Loans Maturity
US$ million
446
91
64
1,2 2 4
99
33
491
Total Short- 2008 2009 2010 2011 after
term 2011
THE INFORMATION CONTAINED HEREIN IS PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR DISSEMINATED WITHOUT EMBRAER’S WRITTEN CONSENT
18. R&D – PP&E
US$ Million
206
173
158 153
143 148
114 111
100
91
70 64 59
50
2000 2001 2002 2003 2004 2005 2006
PP&E R&D
THE INFORMATION CONTAINED HEREIN IS PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR DISSEMINATED WITHOUT EMBRAER’S WRITTEN CONSENT
19. Contributions from Risk Sharing Partners
US$ million
246 14
1
108
-
55
42
17
20
Total
2001
2002
2003
2004
2005
2006E
2007E
2008/2010E
THE INFORMATION CONTAINED HEREIN IS PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR DISSEMINATED WITHOUT EMBRAER’S WRITTEN CONSENT
20. Research & Development Forecast
US$ Million 2007 2008
Commercial Aviation 51 22
Executive Aviation 127 90
Technology Development 59 61
TOTAL 237 173
Defense & Government 32 48
Defense & Government R&D are funded by their contracts and are included as Cost of sales and services
THE INFORMATION CONTAINED HEREIN IS PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR DISSEMINATED WITHOUT EMBRAER’S WRITTEN CONSENT
21. PP&E
US$ Million 2007 2008
Productivity 77 52
Production Ramp Up 104 36
Customer Services 13 29
TOTAL 194 117
THE INFORMATION CONTAINED HEREIN IS PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR DISSEMINATED WITHOUT EMBRAER’S WRITTEN CONSENT
22. Backlog and
Delivery Forecast
THE INFORMATION CONTAINED HEREIN IS PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR DISSEMINATED WITHOUT EMBRAER’S WRITTEN CONSENT
23. ERJ 145 Family Order Book
Firm
Firm Orders Options Total Deliveries Backlog
ERJ 135 108 - 108 108 -
ERJ 140 74 - 74 74 -
ERJ 145 732 132 864 679 53
Total 914 132 1,046 861 53
(1st Quarter 2007)
THE INFORMATION CONTAINED HEREIN IS PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR DISSEMINATED WITHOUT EMBRAER’S WRITTEN CONSENT
24. EMBRAER 170/190 Family Order Book
Firm
Firm Orders Options Total Deliveries
Backlog
EMBRAER 170 160 130 290 130 30
EMBRAER 175 99 136 235 29 70
EMBRAER 190 327 241 546 65 262
EMBRAER 195 44 51 95 5 39
Total 630 558 1,188 229 401
(1st Quarter 2007)
THE INFORMATION CONTAINED HEREIN IS PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR DISSEMINATED WITHOUT EMBRAER’S WRITTEN CONSENT
25. Backlog
US$ Billion
18.2 18.2
14.9
15.3 15.9
13.3 14.8 15.0
10.4 10.2
1Q06 2Q06 3Q06 4Q06 1Q07
Firm Options
THE INFORMATION CONTAINED HEREIN IS PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR DISSEMINATED WITHOUT EMBRAER’S WRITTEN CONSENT
26. Jet Deliveries Forecast
195/205
160 161 165/170
148 141
131 130
101
2000 2001 2002 2003 2004 2005 2006 2007E 2008E*
* Includes 15/20 Phenom 100
THE INFORMATION CONTAINED HEREIN IS PROPERTY OF EMBRAER AND SHALL NOT BE COPIED OR DISSEMINATED WITHOUT EMBRAER’S WRITTEN CONSENT