Embed Size (px)
DESCRIPTION
Citation preview
OUTLOOK AND PERSPECTIVES
This information is the property of Embraer and cannot be used or reproduced without written consent.
P3E RESULTS
Lead Time (E-Jets)
2005 2006 2007 2008 2009 2010 2011
40% reduction on the production cycle
40%
Kaizen - E-Jets Cycle Reduction Cost of Non Quality Reduction
44% reduction on CNQ
Cost of Non Quality
2008 2009 2010
44%
This information is the property of Embraer and cannot be used or reproduced without written consent.
2,52,2
0,40,9 1,2 0,5 0,8
1,6 1,3 1,6 2,53,1
24,022,7
3,5
9,110,7
7,28,4
10,612,7
14,5
22,7
28,3
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Cost: US$ 18.9 mi
Benefit: US$ 175.5 mi
“BOA IDÉIA” PROGRAM EVOLUTION
This information is the property of Embraer and cannot be used or reproduced without written consent.
2011 RESULTS
This information is the property of Embraer and cannot be used or reproduced without written consent.
Large Jets - Legacy & Lineage
AIRCRAFT DELIVERIES
Light Jets - Phenom
Commercial Jets
103
133
165
125105101
2006 2007 2008 2009 2010 2011
2736 37
16
98
126
83
21 19
2
2006 2007 2008 2009 2010 2011
Executive Jets
This information is the property of Embraer and cannot be used or reproduced without written consent.
FIRM BACKLOG
US$ Billion
14.8
18.820.9
16.6 15.415.6
2006 2007 2008 2009 2010 2011
This information is the property of Embraer and cannot be used or reproduced without written consent.
3,760
5,245
6,3355,498 5,364
2006 2007 2008 2009* 2010* 2011E*
NET REVENUES
Outlook 2011: US$ 5.6 – 5.8 billion
2006-2008: USGAAP
2009-2011: IFRS*
US$ Million
57%
19%11%
13%
Commercial aviation
Executive aviation
Aviation Serv./Others
Defense and security
This information is the property of Embraer and cannot be used or reproduced without written consent.
INCOME FROM OPERATIONS - EBIT
EBIT: US$ 465 million
EBIT Margin: 8.0% – 8.3%2011 Outlook:
2006-2008: USGAAP
2009-2011: IFRS*
374
537
381343
392
9.1% 7.1%8.5%
6.9% 7.3%
2006 2007 2008 2009* 2010* 2011E*
EBIT EBIT Margin
US$ Million
This information is the property of Embraer and cannot be used or reproduced without written consent.
2012 OUTLOOK
This information is the property of Embraer and cannot be used or reproduced without written consent.
62%
20%
16%
2%
2012 OUTLOOK
Net Revenues US$ 5.8 – 6.2 billion
Commercial aviation
Executive aviation
Others
Defense and security
Expected deliveries: 105 to 110 commercial jets,
75 to 85 light jets and 15 to 20 large jets.
This information is the property of Embraer and cannot be used or reproduced without written consent.
2012 OUTLOOK
EBIT margin
11.5% – 12.5%EBITA margin
8.0% – 8.5%
This information is the property of Embraer and cannot be used or reproduced without written consent.
US$ 350 millionDevelopment
CAPEX US$ 200 million
Research US$ 100 million
2012 OUTLOOK
CAPEX
R&D
Investment/Revenue
US$ Million
144 151210
450
209
104 74
163
200
197260
235
10%
6%
4%5%
7%
9%
2007 2008 2009 2010 2011E 2012E
TOTAL
US$ 650
million
This information is the property of Embraer and cannot be used or reproduced without written consent.
Investor Relations
Phone: +55 12 3927 4404
www.embraer.com
