Slide 1: Embraer #ForADifferentWorld
-<€< EMBRAER #ForADifferentWorld
Slide 2: Forward-looking statements disclaimer
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
Slide 3: Short Term Strategy
SHORT TERM STRATEGY LEAN EMPLOYEE ORGANIZATION HEALTH & SAFETY This information is property of Embraer and cannot be used or reproduced without written permission. BUSINESS PLAN CASH UPDATE PRESERVATION RECAPTURE SYNERGIES 3 INVESTOR RELATIONS
Slide 4: Social Responsibility
SOCIAL RESPONSIBILITY EMBRAER WORKING WITH SUPPLY CHAIN TO PRODUCE ~5,000 VENTILATOR PARTS IN BRAZIL PARTNERSHIP WITH ALBERT EINSTEIN HOSPITAL IN SÃO PAULO TO PRODUCE 700 UNITS OF ICU EXHAUST SYSTEMS WITH BIOLOGICAL CONTROL AND TO PROVIDE TECHNICAL SUPPORT This information is property of Embraer and
Slide 5: 1Q20 Earnings Results
1Q20 EARNINGS RESULTS >>
Slide 6: Highlights
HIGHLIGHTS EMBRAER’S LIQUIDITY • STRONG LIQUIDITY WITH TOTAL CASH OF US$2.5BN AT END OF 1Q20 • NEW FINANCE LINES UNDER DISCUSSIONS EMBRAER AND BOEING PARTNERSHIP TERMINATION This information is property of Embraer and cannot be used or reproduced without written permission. • COMMERCIAL AVIATION SEP
Slide 7: Cash Preservation Actions
CASH PRESERVATION ACTIONS AIRCRAFT ORDER BOOK AND INFLOW MANAGEMENT • DAILY MONITORING OF ORDERS AND MARKET CONDITIONS • STRONG FOCUS ON RECEIVABLES COLLECTION RIGHTSIZING PRODUCTION PLAN AND OUTFLOW MANAGEMENT • ENHANCED SALES AND OPERATIONS PLANNING PROCESS FOR REAL TIME PLANNING This information
Slide 8: Commercial Aviation Highlights
COMMERCIAL AVIATION HIGHLIGHTS DELIVERY OF FIVE E-JETS IN 1Q20 NO ORDER CANCELLATIONS DESPITE DEFERRALS SINCE COVID-19 OUTBREAK This information is property of Embraer and cannot be used or reproduced without written permission. SKYWEST SIGNED A FIRM ORDER FOR 20 E175 JETS IN A 76-SEAT CONFIGURATION
Slide 9: Executive Jets Highlights
EXECUTIVE JETS HIGHLIGHTS DELIVERY OF NINE EXECUTIVE JETS (FIVE LIGHT AND FOUR LARGE) IN 1Q20 THE NEW ENHANCED PHENOM 300E RECEIVED TRIPLE-CERTIFICATION IN BRAZIL, EUROPE AND THE UNITED STATES This information is property of Embraer and cannot be used or reproduced without written permission. EXECUT
Slide 10: Defense & Security Highlights
DEFENSE & SECURITY HIGHLIGHTS BRAZILIAN GOVERNMENT SIGNED CONTRACT FOR FOUR SHIPS, WITH DELIVERIES BETWEEN 2025 AND 2028 SUPER TUCANO SUCCESSFULLY COMPLETED ITS INAUGURAL FLIGHT FOR THE NIGERIAN AIR FORCE This information is property of Embraer and cannot be used or reproduced without written permis
Slide 11: Financial Results
FINANCIAL RESULTS INVESTOR RELATIONS
Slide 12: Firm Order Backlog
12 INVESTOR RELATIONS US$ Billion BACKLOG FIRM ORDER 1Q19 16.0 2Q19 16.9 3Q19 16.2 4Q19 16.8 1Q20 15.9 This information is property of Embraer and cannot be used or reproduced without written permission.
Slide 13: Aircraft Deliveries
AIRCRAFT DELIVERIES COMMERCIAL AVIATION EXECUTIVE JETS 46 20 This information is property of Embraer and cannot be used or reproduced without written permission. 27 25 35 15 26 19 11 26 17 9 11 8 12 5 5 3 6 4 1Q19 2Q19 3Q19 4Q19 1Q20 1Q19 2Q19 3Q19 4Q19 1Q20 LIGHT JETS LARGE JETS 13 INVESTOR RELATIO
Slide 14: Net Revenues
NET COMMERCIAL AVIATION REVENUES US$ Million 2,085 915 1,379 1,176 631 823 634 408 281 140 1Q19 2Q19 3Q19 4Q19 1Q20 1Q19 2Q19 3Q19 4Q19 1Q20 This information is property of Embraer and cannot be used or reproduced without written permission. EXECUTIVE JETS DEFENSE & SECURITY SERVICES & SUPPORT 620 3
Slide 15: SG&A Expenses
SG&A EXPENSES US$ Million 133 116 119 117 108 G&A EXPENSES 61 33 SELLING EXPENSES 46 46 37 This information is property of Embraer and cannot be used or reproduced without written permission. 84 70 73 71 72 1Q19 2Q19 3Q19 4Q19 1Q20 15 INVESTOR RELATIONS
Slide 16: Adjusted EBIT
ADJUSTED EBIT US$ Million 1.9% 1.4% ADJUSTED EBIT 0.2% ADJUSTED EBIT MARGIN REPORTED EBIT - INCLUDES SPECIAL ITEMS (US$ MILLION) 27 This information is property of Embraer and cannot be used or reproduced without written permission. 4Q19 - IMPAIRMENT EEJ: (72) -1.8% -1.8% 4 1Q20 – COVID-19 IMPAIRMEN
Slide 17: Adjusted EBITDA
ADJUSTED EBITDA US$ Million 10.2% 3.8% 4.9% 3.2% ADJUSTED EBITDA 1.5% ADJUSTED EBITDA MARGIN REPORTED EBITDA - INCLUDES SPECIAL ITEMS (US$ MILLION) This information is property of Embraer and cannot be used or reproduced without written permission. 4Q19 - IMPAIRMENT EEJ: (72) 1Q20 – COVID-19 IMPAIRM
Slide 18: Adjusted Net Income
ADJUSTED NET INCOME* US$ Million (14) ADJUSTED NET INCOME (48) (62) ADJUSTED NET MARGIN REPORTED NET INCOME (93) (104) This information is property of Embraer and cannot be used or reproduced without written permission. *Excludes extraordinary items -1.0% -4.1% -4.5% -7.5% -16.4% 1Q19 2Q19 3Q19 4Q19
Slide 19: Investments
19 INVESTOR RELATIONS US$ Million INVESTMENTS 6 RESEARCH 28 DEVELOPMENT 13 CAPEX YTD: 47 This information is property of Embraer and cannot be used or reproduced without written permission.
Slide 20: Adjusted Free Cash Flow
ADJUSTED FREE CASH FLOW US$ Million 739 2 (257) This information is property of Embraer and cannot be used or reproduced without written permission. (665) (677) 1Q19 2Q19 3Q19 4Q19 1Q20 1Q19 2Q19 3Q19 4Q19 2019 1Q20 NET CASH GENERATED (USED) BY OPERAT. ACT. (558) 141 (127) 930 386 (593) NET ADDITION
Slide 21: Indebtedness Profile and Net Debt
INDEBTEDNESS PROFILE TOTAL CASH: US$ 2.50 BILLION NET DEBT TOTAL DEBT: US$ 3.83 BILLION INDEBTEDNESS MATURITY NET DEBT (US$ Million) 5.3 5.1 4.9 4.8 4.0 8% 8% 8% 6% 17% (612) This information is property of Embraer and cannot be used or reproduced without written permission. (1,104) (1,090) (1,347)
Slide 22: Embraer
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