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 Recap
SHORT TERM STRATEGY RECAP 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: 2Q20 Earnings Results
2Q20 EARNINGS RESULTS >>
Slide 5: Financial Highlights 2Q20
FINANCIAL HIGHLIGHTS 2Q20 COVID-19 FINANCIAL IMPACT STRONG BACKLOG WITH NO CANCELLATIONS • Concentrated on Commercial Aviation: IN COMMERCIAL AVIATION • Low volumes • Excess capacity (idleness) • Impairment and one-time 2019 D&A INVESTMENTS, SG&A AND COST REDUCTIONS This information is property of E
Slide 6: Commercial Aviation
COMMERCIAL AVIATION US IN-SERVICE FLEET SINCE MARCH 2020 E175 CRJ900 NB REINTEGRATION OF COMMERCIAL AVIATION 98% WITH ARJAN MEIJER AS NEW PRESIDENT AND CEO 94% 93% 81% 90% 70% 73% 75% 55% 54% 61% 61% DELIVERY OF 4 E-JETS IN 2Q20 (9 YTD) 43% 43% 47% DELIVERY OF THE 1,600TH E-JET (E190-E2) TO HELVETIC
Slide 7: Executive Jets
EXECUTIVE JETS DELIVERY OF 13 EXECUTIVE JETS (9 LIGHT AND 4 LARGE) IN 2Q20 (22 YTD) DELIVERY OF THE FIRST NEW ENHANCED BUSINESS AVIATION TRAFFIC RECOVERY PHENOM 300E WORLDWIDE PRAETOR 500 AND 600 JETS RECEIVED A SERIES OF BREAKTHROUGH CABIN ENHANCEMENTS -23% This information is property of Embraer a
Slide 8: Defense & Security
DEFENSE & SECURITY DELIVERY OF THE 3RD KC-390 MILLENNIUM TO THE BRAZILIAN AIR FORCE WITH HIGH MISSION DISPATCHABILITY FIVE KC-390 MILLENNIUMS UNDER ASSEMBLY (BRAZIL AND PORTUGAL) WITH ONE MORE DELIVERY IN 202O DELIVERY OF THE FIRST SUPER TUCANO FOR THE NIGERIAN AIR FORCE FOR CUSTOMIZATION This infor
Slide 9: Services & Support
SERVICES & SUPPORT DEVELOPMENT OF INNOVATIVE SOLUTIONS FOR COVID-19 SCENARIO: • REMOTE TRAINING WITH FULL QUALIFICATION AND CERTIFICATION EMBRAER COMMERCIAL JETS – CURRENTLY • DEVELOPMENT OF CARGO TRANSPORTATION SOLUTIONS FOR COMMERCIAL AIRCRAFT 70% OF AIRCRAFT IN SERVICE WORLDWIDE • ENHANCED CLEANS
Slide 10: Financial Results
FINANCIAL RESULTS INVESTOR RELATIONS
Slide 11: 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 BACKLOG REMAINS STRONG 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 11 INVESTOR RELATIONS
Slide 12: Aircraft Deliveries
AIRCRAFT DELIVERIES COMMERCIAL AVIATION EXECUTIVE JETS YTD: 9 YTD: 22 46 14|8 20 This information is property of Embraer and cannot be used or reproduced without written permission. 27 25 35 15 26 19 13 11 26 17 9 11 8 12 9 5 5 4 3 6 4 4 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 LI
Slide 13: Net Revenues
NET REVENUES YTD: 1,171 US$ Million This information is property of Embraer and cannot be used or reproduced without written permission. 2,085 1,379 1,176 823 634 537 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 13 INVESTOR RELATIONS
Slide 14: SG&A Expenses
SG&A EXPENSES YTD: 218 US$ Million 133 G&A EXPENSES 116 119 117 SELLING EXPENSES 108 101 61 33 46 46 37 34 This information is property of Embraer and cannot be used or reproduced without written permission. 84 70 73 71 72 67 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 14 INVESTOR RELATIONS
Slide 15: Adjusted EBIT
ADJUSTED EBIT YTD: (132)|-11.3% US$ Million 1.9% 1.4% ADJUSTED EBIT 0.2% ADJUSTED EBIT MARGIN REPORTED EBIT - INCLUDES 27 SPECIAL ITEMS (US$ MILLION) -1.8% -1.8% 4 9 4Q19 - IMPAIRMENT EXECUTIVE: (72) (15) (21) This information is property of Embraer and cannot be used or reproduced without written p
Slide 16: Adjusted EBITDA
ADJUSTED EBITDA YTD: (55)|-4.7% US$ Million ADJUSTED EBITDA 10.2% ADJUSTED EBITDA MARGIN 3.8% 4.9% 3.2% REPORTED EBITDA - INCLUDES 1.5% SPECIAL ITEMS (US$ MILLION) 4Q19 - IMPAIRMENT EXECUTIVE: (72) 67 66 65 31 18 This information is property of Embraer and cannot be used or reproduced without writte
Slide 17: Adjusted Net Income
ADJUSTED NET INCOME * YTD: (303)|-25.9% US$ Million ADJUSTED NET INCOME (14) (48) ADJUSTED NET MARGIN (62) (93) (104) REPORTED NET INCOME *Excludes extraordinary items (199) This information is property of Embraer and cannot be used or reproduced without written permission. -1.0% -4.1% -4.5% -7.5% -
Slide 18: Investments
INVESTMENTS YTD: 89 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 108 50 REDUCTION (YOY) 39 75 74 72 16 9 -56% 34 30 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 18 INVESTOR RELATIONS
Slide 19: Adjusted Free Cash Flow
ADJUSTED FREE CASH FLOW YTD: (1,153) US$ Million 739 2 (257) This information is property of Embraer and cannot be used or reproduced without written permission. (476) (665) (677) 1Q19 2Q19 3Q19 4Q19 1Q20 2Q20 1Q19 2Q19 3Q19 4Q19 2019 1Q20 2Q20 2020YTD NET CASH GENERATED (USED) BY OPERAT. ACT. (558)
Slide 20: Liquidity Position
LIQUIDITY POSITION US$ Billion TOTAL CASH NET DEBT STRONG CASH POSITION This information is property of Embraer and cannot be used or reproduced without written permission. ADDITIONAL FINANCE LINES OF US$ 700 MILLION 2.78 2.48 2.48 2.50 TO BE RECEIVED BY THE END OF 3Q20 2.18 2.00 FAVORABLE DEBT PROF
Slide 21: Closing Remarks
21 INVESTOR RELATIONS FRANCISCO GOMES NETO - CEO CLOSING REMARKS This information is property of Embraer and cannot be used or reproduced without written permission.
Slide 22: Embraer
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