Embraer Releases Third Quarter 2015 Results

SAO JOSE DOS CAMPOS, Brazil, Oct. 27, 2015 /PRNewswire/ -- EMBRAER S.A. (NYSE: ERJ; BM&FBOVESPA: EMBR3) releases third quarter 2015 results.

HIGHLIGHTS

• In 3Q15, Embraer delivered 21 commercial and 30 executive (21 light and 9 large) jets. Deliveries in the first nine months of 2015 were 68 commercial and 75 executive (57 light and 18 large) jets;
• During 3Q15, the Company closed 20 firm orders for the current generation of the E-Jets commercial jets, reaching a total of 146 firm orders of both the current and second generation E-Jets commercial aircraft year-to-date;
• The Commercial Aviation segment's book-to-bill surpassed 2 times over the first nine months of 2015;
• The Company's firm order backlog ended 3Q15 at US$ 22.8 billion. This compares to US$ 22.9 billion in backlog at the end of 2Q15 and $20.9 billion at the end of 2014;
• As a result of aircraft deliveries, coupled with revenues from the Company's Defense & Security business, 3Q15 revenues were US$ 1,284.6 million, representing year-over-year growth of 3.6%;
• EBIT and EBITDA margins were 6.6% and 12.3%, respectively, in 3Q15, improving from EBIT margin of 5.5% and EBITDA margin of 11.0% in 3Q14;
• 3Q15 Net loss attributable to Embraer Shareholders and Loss per basic ADS totaled US$ (109.6) million and US$ (0.6013), respectively. Excluding deferred income tax and social contribution, adjusted net income was US$ 71.5 million, or US$ 0.3923 per basic ADS;
• The Company's Free Cash Flow during 3Q15 was US$ (115.3) million;
• Embraer reiterates all aspects of the Company's financial and delivery guidance for 2015.

MAIN FINANCIAL INDICATORS

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

INVESTOR RELATIONS

Eduardo Couto, Caio Pinez, Christopher Thornsberry, Claudio Massuda, Nadia Santos, Paulo Ferreira and Viviane Pinheiro.  (+55 12) 3927-4404 [email protected]  http://ri.embraer.com.br Follow Embraer's IR Department on twitter: @IREmbraer

CONFERENCE CALL INFORMATION

Embraer will host a conference call to present its 3Q15 Results on Tuesday, October 27, 2015 at 2:30pm (SP) and 12:30pm (NY). The conference call will also be broadcast live over the web at http://ri.embraer.com.br

Telephones: Operator Assisted (US/ Canada) Toll-Free Dial-In Number: (877) 846-1574 Operator Assisted International Dial-In Number: (708) 290-0687 Your own International Toll-Free number for Brazil: 0800 047 4803 (land line) and 0800 047 4801 (cell phone) Code: 15232843

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SOURCE Embraer S.A.