Embraer 2Q 2015 revenues were US$1.51 billion

The company’s firm order backlog ended 2Q15 at US$ 22.9 billion, the highest in Embraer’s history.


São José dos Campos, Brazil – The company's operating and financial information is presented, except where otherwise stated, on a consolidated basis in United States dollars (US$) in accordance with IFRS. The financial data presented in this document as of and for the quarters ended June 30, 2014 (2Q14), March 31, 2015 (1Q15) and June 30, 2015 (2Q15), are derived from the unaudited financial statements, except where otherwise stated. 
 
Highlights
  • In 2Q15, Embraer delivered 27 commercial and 33 executive (26 light and 7 large) jets. Deliveries in the first half of 2015 were 47 commercial jets and 45 executive (36 light and 9 large) jets
  • During 2Q15, the company announced 102 firm orders for the current and second generation of the E-Jets commercial jets, reaching a total of 124 firm orders year-to-date
  • The company’s firm order backlog ended 2Q15 at US$ 22.9 billion, the highest in Embraer’s history. This compares to US$ 20.4 billion in backlog at the end of 1Q15 and $20.9 billion at the end of 2014
  • As a result of aircraft deliveries, coupled with revenues from the Company’s Defense & Security business, 2Q15 revenues were US$1.513 billion
  • EBIT and EBITDA margins were 6.8% and 11.7%, respectively, in 2Q15
  • 2Q15 Net income attributable to Embraer Shareholders and Earnings per basic ADS totaled US$129.3 million and US$0.7096, respectively
  • Embraer generated US$72.7 million in Free Cash Flow during 2Q15
  • The Company issued US$1.0 billion in debt with a coupon rate of 5.05% maturing in 2025, with proceeds of US$996.8 million, for use in repayment of existing debt and general corporate purposes
 
Source: Embraer