PR Newswire
SÃO PAULO
,
Aug. 4, 2022
/PRNewswire/ — EMBRAER S.A. (NYSE: ERJ; B3: EMBR3) releases its Second Quarter 2022 Earnings Results.
HIGHLIGHTS
Firm order backlog
ended 2Q22 at
US$ 17.8 billion
(+US$0.5 billion
versus 1Q22). This is the
highest quarter backlog
post pandemic, driven by solid order activity. Recent announcement of 20 E195-E2 firm order of Porter will be included in 3Q22 backlog.- Reported 2Q22
consolidated gross margin of 22.9% higher than 18.2% reported in 2Q21
, with y-o-y improvement in most segments due to product mix, pricing increase and overall operational performance, including tax efficiencies.
Adjusted EBIT
and
EBITDA
were
US$ 81.2 million
and
US$ 124.6 million
, respectively, yielding
Adjusted EBIT margin
of
8.0%
and
Adjusted EBITDA margin
of
12.2%
.- In 2Q22, Embraer
reported Adjusted Net Income
(excluding deferred taxes and special items)
of US$ 39.4
million and Earnings per Share of
US$ 0.40
.
Free cash flow (FCF)
in 2Q22 was a surplus of
US$ 91.2 million
, representing a significant improvement compared to the
US$ 45.1 million
in FCF in 2Q21, supported by divestment of Évora’s facilities and EVE’s IPO offset by working capital needs and liability management strategy.- The Company finished the quarter with
net debt of
US$ 1.198 billion
, or
US$ 0.255 billion
less than 1Q22 in line with the strategy to improve our capital structure and liability management.
We reaffirm all aspects of our 2022 financial and deliveries guidance
, with no material variation.
For additional information, please check the full document on our website
ri.embraer.com.br
INVESTOR RELATIONS
Leonardo Shinohara
, Jose Triques, Caio Moriani and
Viviane Pinheiro
.
(+55 11) 3040-6874
CONFERENCE CALL INFORMATION
Embraer will host a conference call to present its 2Q22 Results on:
ENGLISH
:
Thursday, August 4, 2022
at
10:00 AM
(SP Time) /
09:00 AM
(NY Time)
.
Access Link:
https://mzgroup.zoom.us/webinar/register/WN_EsExGKIZTpOBUAtAggVJ9w
To participate by Phone:
• From Brazil: 55 21 3958 7888 or +55 11 4632 2236 or +55 11 4632 2237 or +55 11 4680 6788 or +55 11 4700 9668.
• From U.S.: +1 386 347 5053 or +1 564 217 2000 or +1 646 558 8656 or +1 646 931 3860 or +1 669 444 9171 or +1 720 707 2699 or +1 253 215 8782 or +1 301 715 8592 or +1 312 626 6799 or +1 346 248 7799.
• International Phone Numbers available at
https://mzgroup.zoom.us/u/kdl6WjpjTv
ID: 829 8270 9256
Password: 979255
We recommend you call 20 minutes in advance.
THE CONFERENCE CALL WILL ALSO BE BROADCASTED LIVE OVER THE WEB, AT THE ADDRESS:
ri.embraer.com.br
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SOURCE Embraer S.A.
Featured Image: Megapixl – Hemeroskopion