guidance ir - 2013

13
Job Position 2013 OUTLOOK AND PERSPECTIVES

Upload: embraer-ri

Post on 29-Nov-2014

1.218 views

Category:

Business


3 download

DESCRIPTION

 

TRANSCRIPT

Page 1: Guidance IR - 2013

Job Position

2013 OUTLOOK AND PERSPECTIVES

Page 2: Guidance IR - 2013

2012 DELIVERIES & BACKLOG

Page 3: Guidance IR - 2013

Aircraft Deliveries

Large Jets - Legacy & LineageLarge Jets - Legacy & Lineage

Light Jets - PhenomLight Jets - Phenom

Commercial JetsCommercial Jets Executive JetsExecutive Jets

133

165

125101 106105

2007 2008 2009 2010 2011 2012

36 3721

126

83

19 16 22

2

98

77

2007 2008 2009 2010 2011 2012

Page 4: Guidance IR - 2013

Firm Order Backlog

US$ Billion

15.4 14.712.9 12.4 12.5

4Q11 1Q12 2Q12 3Q12 4Q12

Page 5: Guidance IR - 2013

2013 OUTLOOK

Page 6: Guidance IR - 2013

Strategic Outlook

• Global economy continues to grow at a modest pace.

• Airline global traffic growing along with profitability expectations for the

industry.

• U.S. scope clauses relaxation for 76 seat jets opening new business

opportunities for the E175.

• Order activity in Commercial Aviation has potential to exceed 2012 levels.

• E-Jets continuous development strategy assuring maintenance of

leadership position in the 60 to 120 seat market. Engine and avionics

selection already completed for second generation E-Jets.

Page 7: Guidance IR - 2013

• Executive Aviation market recovery in slow motion.

• First Legacy 650 assembled in China’s facility delivery in 2013.

• Market share growth with the Legacy 450 & 500 introduction and

customer support infrastructure expansion.

• Recognized executive aviation customer support solutions: AIN

and Pro-Pilot surveys.

Strategic Outlook

Page 8: Guidance IR - 2013

• Establish Embraer as a major player in the Brazilian Defense &

Security market.

• Growing activity in KC-390 development.

• Portfolio diversification through participation in Brazilian

projects such as SISFRON and others.

• On-going P3E efforts to maximize productivity and cost control.

• Financial Discipline.

Strategic Outlook

Page 9: Guidance IR - 2013

2013 Consolidated Outlook

Net Revenues

EBIT EBITDAUS$ 530 – 610 Million US$ 530 – 610 Million

US$ 5.9 – 6.4 BillionUS$ 5.9 – 6.4 Billion

US$ 770 – 900 Million US$ 770 – 900 Million

EBITDA margin 13.0% – 14.0%13.0% – 14.0% EBIT margin 9.0% – 9.5%9.0% – 9.5%

Page 10: Guidance IR - 2013

Guidance Comparison

2013 Consolidated Outlook

EBITDA margin

12.5% – 13.5%12.5% – 13.5%EBITDA

US$ 720 – 840 Million US$ 720 – 840 Million

Net Revenues

EBITUS$ 520 – 590 Million US$ 520 – 590 Million

US$ 5.8 – 6.2 BillionUS$ 5.8 – 6.2 Billion

US$ 770 – 900 Million US$ 770 – 900 Million 13.0% – 14.0%13.0% – 14.0%

EBITmargin

9.0% – 9.5%9.0% – 9.5%

2012

US$ 5.9 – 6.4 BillionUS$ 5.9 – 6.4 Billion63% 52%

20%25%

15% 21%2% 2%

2012 2013

US$ 530 – 610 Million US$ 530 – 610 Million 9.0% – 9.5%9.0% – 9.5%

2013

2012

2013

Commercial Aviation

Commercial Aviation

Executive Aviation

Executive Aviation

Defense & Security

Defense & Security

OthersOthers

2012

2013

2012

2013

2012

2013

Page 11: Guidance IR - 2013

Deliveries: 80 to 90 light jets 25 to 30 large jets

Net Revenues

Deliveries: 90 to 95 E-jets

Net Revenues US$ 3.20 – 3.35 BillionUS$ 3.20 – 3.35 Billion

Other Revenues US$ 50 – 100 MillionUS$ 50 – 100 Million

US$ 1.40 – 1.60 BillionUS$ 1.40 – 1.60 Billion

Net Revenues US$ 1.25 – 1.35 BillionUS$ 1.25 – 1.35 Billion

2013 Business Units Outlook

Page 12: Guidance IR - 2013

2013 Investment Outlook

TOTAL INVESTMENTS: US$ 580 Million TOTAL INVESTMENTS: US$ 580 Million

Research US$ 100 Million US$ 100 Million

Development US$ 300 Million US$ 300 Million

CAPEX US$ 180 Million US$ 180 Million

Page 13: Guidance IR - 2013

Summary

Short Term Outlook

•Resilient organic growth.

•Continuous focus on diversification, efficiency and customer

satisfaction.

•Financial solidness and discipline.

Mid to Long Term Outlook

•Sustainable revenue growth and improved product mix (EIS

Legacy 500 & 450, KC-390 and E-Jets 2nd generation).

•Increased operating leverage and efficiency.