Slide 1: Embraer
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Slide 2: 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: 2Q21 Business Highlights
2Q21 BUSINESS HIGHLIGHTS 3
Slide 4: Business Highlights: Commercial and Executive Aviation
INVESTOR RELATIONS BUSINESS HIGHLIGHTS This information belongs to Embraer and cannot be used or reproduced without written permission from the Company. COMMERCIAL AVIATION EXECUTIVE AVIATION Firm order for Porter Airlines from Canada for 30 new E195-E2 Record 2Q sales with strong price discipline (
Slide 5: Business Highlights: Defense & Security, Services & Support
INVESTOR RELATIONS BUSINESS HIGHLIGHTS This information belongs to Embraer and cannot be used or reproduced without written permission from the Company. DEFENSE & SECURITY SERVICES & SUPPORT Delivery of 7 Super Tucano to different customers during 1H21 Net revenue of US$ 298 million in 2Q21 (up 55%
Slide 6: 2Q21 Financial Results
2Q21 FINANCIAL RESULTS 6
Slide 7: Backlog
7 US$ BILLION BACKLOG 15.9 1Q20 15.4 2Q20 15.1 3Q20 14.4 4Q20 14.2 1Q21 Backlog reaching pre-pandemic levels 15.9 2Q21 RELATIONS INVESTOR CONFIDENTIAL INFORMATION This information belongs to Embraer and cannot be used or reproduced without written permission from the Company.
Slide 8: Aircraft Deliveries
INVESTOR RELATIONS AIRCRAFT DELIVERIES This information belongs to Embraer and cannot be used or reproduced without written permission from the Company. COMMERCIAL AVIATION EXECUTIVE AVIATION YTD: 23 YTD: 33 22 | 11 23 +250 % +54% (YoY) 28 (YoY) 12 14 19 20 9 5 9 10 5 4 7 8 4 4 2 3 CONFIDENTIAL INFO
Slide 9: Net Revenues
INVESTOR RELATIONS NET REVENUES This information belongs to Embraer and cannot be used or reproduced without written permission from the Company. US$ MILLION Net Revenues 1,938 YTD: +65% (YoY) NET REVENUES BY BUSINESS (YTD) 1,841 DEFENSE & SECURITY EXECUTIVE 16% 1,131 AVIATION 22% SERVICES & 759 807
Slide 10: SG&A Expenses
INVESTOR RELATIONS SG&A EXPENSES This information belongs to Embraer and cannot be used or reproduced without written permission from the Company. US$ MILLION SG&A Expenses 169 116 33 101 94 YTD: -12% (2Q21X2Q20) 88 89 34 80 35 42 34 41 83 67 59 G&A 46 46 48 SELLING CONFIDENTIAL INFORMATION 1Q20 2Q2
Slide 11: Adjusted EBIT and Adjusted EBITDA
INVESTOR RELATIONS ADJUSTED EBIT ADJUSTED EBITDA This information belongs to Embraer and cannot be used or reproduced without written permission from the Company. US$ MILLION US$ MILLION YTD: 75 | 3.9% YTD: 179 | 9.2% 1.4% 4.2% 9.3% 10.2% 14.2% -3.7% 7.9% -6.0% 2.2% -1.1% 105 9 -26.2% 77 146 161 (30
Slide 12: Adjusted Net Income
INVESTOR RELATIONS ADJUSTED NET INCOME This information belongs to Embraer and cannot be used or reproduced without written permission from the Company. excludes extraordinary items US$ MILLION YTD: (52) | -2.7% 44 (13) (104) (96) 3.9% (148) -0.7% (199) -11.9% ADJ. NET INCOME -16.4% ADJ. NET MARGIN
Slide 13: Investments and Adjusted FCF
INVESTOR RELATIONS INVESTMENTS ADJUSTED FCF This information belongs to Embraer and cannot be used or reproduced without written permission from the Company. US$ MILLION US$ MILLION YTD: 89 YTD: (181) 69 17 50 50 725 45 5 16 39 9 39 6 45 9 52 (227) 45 (472) 34 36 (567) 30 33 (677) CONFIDENTIAL INFOR
Slide 14: Liquidity Position
INVESTOR RELATIONS LIQUIDITY POSITION This information belongs to Embraer and cannot be used or reproduced without written permission from the Company. US$ BILLION 4.0 3.8 4.5 4.4 4.2 4.0 TOTAL CASH 2.50 2.75 2.46 2.49 LOANS AVERAGE MATURITY NET CASH/(DEBT) 2.00 2.18 CONFIDENTIAL INFORMATION 1Q20 2Q
Slide 15: Outlook
2021 OUTLOOK 15
Slide 16: 2021 Outlook
2021 OUTLOOK DELIVERIES REVENUES US$ 4.0 - 4.5 BILLION COMMERCIAL AVIATION FREE CASH FLOW ADJ. EBIT MARGIN 45 - 50 (150) MILLION TO 3.0% - 4.0% US$ BREAKEVEN ADJ. EBITDA MARGIN EXECUTIVE AVIATION 90 - 95 8.5% - 9.5% excludes eventual M&A projects 16
Slide 17: Closing Remarks
CLOSING REMARKS FRANCISCO GOMES NETO - CEO 17
Slide 18: Embraer Beyond 2020 - Fit for Growth
INVESTOR RELATIONS EMBRAER BEYOND 2020 - FIT FOR GROWTH This information belongs to Embraer and cannot be used or reproduced without written permission from the Company. 2020 2021 2022-2026 CRISIS RESPONSE RECOVERY GROWTH SUSTAIN LIQUIDITY & RESTRUCTURING PLAN EXECUTION & COMPANY CAPTURE EMBRAER’S F
Slide 19: Embraer
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