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04/29/2013
In: Press Releases

 EMBRAER RELEASES FIRST QUARTER 2013 RESULTS

 

HIGHLIGHTS:
- In the first quarter of 2013 (1Q13), Embraer delivered 17 commercial and 12 executive (8 light and 4 large) jets; representing a reduction of 4 commercial and 1 executive jets delivered in the same period of 2012;

- Firm order backlog grew to US$ 13.3 billion, mainly as a result of an improvement in the order environment in Commercial aviation, as well as continued orders in the Defense & Security segment;

- As a result of aircraft deliveries, coupled with revenues from the Company’s growing Defense & Security business, 1Q13 Revenues reached US$ 1,085.9 million and gross margin was 22.2% for the period;

- EBIT and EBITDA¹  margins were 3.6% and 9.2% respectively, in 1Q13;

- Net income attributable to Embraer and Earnings per ADS totaled US$ 30 million and US$ 0.1651, respectively, in 1Q13;

- Net cash² position totaled US$ 98.2 million.

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