Embraer S.a. · BMFBOVESPA:EMBJ3

Embraer — Q3 2020 Earnings Presentation

21 slides from Embraer's earnings presentation, Nov 10, 2020

  1. Slide 1: Embraer #ForADifferentWorld

    -<€< EMBRAER #ForADifferentWorld

  2. Slide 2: Forward-looking statements

    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

  3. Slide 3: Short Term Strategy

    SHORT TERM STRATEGY EMPLOYEE GROWTH PLAN HEALTH & SAFETY II This information is property of Embraer and cannot be used or reproduced without written permission. LEAN CASH ORGANIZATION PRESERVATION I RECAPTURE SYNERGIES 3 INVESTOR RELATIONS

  4. Slide 4: Lean Organization + Recapture Synergies

    I LEAN ORGANIZATION + RECAPTURE SINERGIES STRUCTURE ADJUSTMENT IN RESPONSE TO THE IMPACTS OF COVID-19 AND THE CANCELLATION OF THE PARTNERSHIP WITH BOEING REINTEGRATION OF COMMERCIAL AVIATION BUSINESS This information is property of Embraer and cannot be used or reproduced without written permission.

  5. Slide 5: Growth Plan: Embraer Plan 21-25

    II GROWTH PLAN: EMBRAER PLAN 21-25 2020 2021 2022-2025 CRISIS RESPONSE RECOVERY GROWTH SUSTAIN LIQUIDITY & RESTRUCTURING DEFEND AND GROW MARKET SHARE CAPTURE EMBRAER FULL POTENTIAL MAIN OBJECTIVES: INCREASE REVENUES AND IMPROVE PROFITABILITY This information is property of Embraer and cannot be used

  6. Slide 6: 3Q20 Earnings Results

    3Q20 EARNINGS RESULTS

  7. Slide 7: Commercial Aviation

    COMMERCIAL AVIATION DELIVERY OF 7 E-JETS IN 3Q20 (16 YTD) US TRAFFIC REBOUND LED BY EMBRAER E175 CRJ900 NB INCLUDING FIVE E175 TO UNITED AIRLINES 98% 96% 90% 93% HIGHLIGHTING OUR LEADERSHIP IN THE US 90% 81% 94% 70% 73% 87% 84% 75% 61% 70% 55% 54% 61% NEW OPERATOR ALLIANCE AIRLINES FROM This informa

  8. Slide 8: Executive Jets

    EXECUTIVE JETS STRONG DELIVERY PICK UP IN THE 3Q20 WITH WORLD FLIGHT ACTIVITY JUL-SEP (YOY) 21 EXECUTIVE JETS CHARTER FRACTIONAL -2% SMALL -5% PROFITABILITY TURNAROUND WITH POSITIVE -13% -18% JETS MARGINS IN THE QUARTER AND YEAR TO DATE MEDIUM JETS -17% SMALL -33% JETS MEDIUM JETS LAUNCH OF THE PHEN

  9. Slide 9: Defense & Security

    DEFENSE & SECURITY SIX C-390 MILLENNIUM UNDER ASSEMBLY (BRAZIL AND PORTUGAL) WITH ONE MORE DELIVERY IN 202O C-390 MILLENNIUM RECEIVED 2020 GRAND LAUREATE AWARD IN DEFENSE FROM AVIATION WEEK This information is property of Embraer and cannot be used or reproduced without written permission. DELIVERY

  10. Slide 10: Services & Support

    SERVICES & SUPPORT EMBRAER RANKED #1 IN PRO PILOT’S CORPORATE AIRCRAFT PRODUCT SUPPORT SURVEY COMPLETED 7TH CONVERSION OF A LEGACY 450 TO A PRAETOR 500 This information is property of Embraer and cannot be used or reproduced without written permission. FIRST E-JET MODIFIED AND CERTIFIED FOR CARGO TR

  11. Slide 11: Financial Results

    FINANCIAL RESULTS

  12. Slide 12: Firm Order Backlog

    FIRM ORDER BACKLOG US$ Billion This information is property of Embraer and cannot be used or reproduced without written permission. 16.0 16.9 16.2 16.8 15.9 15.4 15.1 STRONG BACKLOG NO CANCELLATIONS 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 12 INVESTOR RELATIONS

  13. Slide 13: Net Revenues and A/C Deliveries

    NET REVENUES A/C DELIVERIES US$ Million YTD: 1,930 This information is property of Embraer and cannot be used or reproduced without written permission. 2,085 1,379 1,176 823 759 634 537 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 13 INVESTOR RELATIONS

  14. Slide 14: SG&A Expenses

    SG&A EXPENSES YTD: 312 US$ Million 133 G&A EXPENSES 119 116 117 SELLING EXPENSES 108 61 101 46 33 94 46 37 34 35 This information is property of Embraer and cannot be used or reproduced without written permission. SG&A EXPENSES REDUCTION* 84 -30% (YTD 2020X2019) 70 73 71 72 67 59 * Excluding Bad Deb

  15. Slide 15: Adjusted EBIT

    ADJUSTED EBIT YTD: (177)|-9.2% US$ Million ADJUSTED EBIT 1.9% 0.2% 1.4% -1.8% -1.8% ADJUSTED EBIT MARGIN -6.0% REPORTED EBIT - INCLUDES 27 -26.2% SPECIAL ITEMS (US$ MILLION) 4 4Q19: (72) 9 1Q20: (56) This information is property of Embraer and cannot be used or reproduced without written permission.

  16. Slide 16: Adjusted EBITDA

    ADJUSTED EBITDA YTD: (64)|-3.3% US$ Million ADJUSTED EBITDA 10.2% 3.8% 4.9% 1.5% 3.2% ADJUSTED EBITDA MARGIN -1.1% REPORTED EBITDA - INCLUDES SPECIAL ITEMS (US$ MILLION) 4Q19: (72) 67 66 65 -22.4% 1Q20: (56) 31 This information is property of Embraer and cannot be used or reproduced without written

  17. Slide 17: Adjusted Net Income

    ADJUSTED NET INCOME * YTD: (451)|-23.4% US$ Million ADJUSTED NET INCOME ADJUSTED NET MARGIN (14) (48) (62) REPORTED NET INCOME (93) (104) *Excludes extraordinary items (148) (199) This information is property of Embraer and cannot be used or reproduced without written permission. -1.0% -4.1% -4.5% -

  18. Slide 18: Investments

    INVESTMENTS YTD: 134 US$ Million 171 CAPEX R&D 63 115 103 97 This information is property of Embraer and cannot be used or reproduced without written permission. 28 43 23 INVESTMENTS REDUCTION 50 108 45 -57% (YTD 2020X2019) 75 74 72 16 39 9 9 34 30 36 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 18 INVESTOR R

  19. Slide 19: Adjusted Free Cash Flow

    ADJUSTED FREE CASH FLOW YTD: (1,715) US$ Million 739 This information is property of Embraer and cannot be used or reproduced without written permission. 2 (257) (472) (567) (665) (677) 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 19 INVESTOR RELATIONS

  20. Slide 20: Liquidity - Strong Cash Position

    LIQUIDITY - STRONG CASH POSITION US$ Billion TOTAL CASH NET DEBT This information is property of Embraer and cannot be used or reproduced without written permission. LIABILITY MANAGEMENT COMPLETED: 2.78 2.48 2.48 2.50 LIQUIDITY SIMILAR TO PRE-CRISIS LEVEL 2.18 2.00 2.18 US$ 750 MILLION IN BONDS ISSU

  21. Slide 21: Embraer

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