embraernovember2011book-111107124514-phpapp01

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embraer

Transcript of embraernovember2011book-111107124514-phpapp01

2Company HighlightsCompany HighlightsInvestment grade rating by Moodys and S&P. Investment grade rating by Moodys and S&P.Strong balance sheet with solid net cash position. Strong balance sheet with solid net cash position.Company established in 199! privati"ed in 199# and listed in $S% in &'''. Company established in 199! privati"ed in 199# and listed in $S% in &'''.Sector leader in the (ow )ones S*stainability Inde+ &'11,&'1&. Sector leader in the (ow )ones S*stainability Inde+ &'11,&'1&.-road c*stomer base in commercial and e+ec*tive aviation! de.ense and sec*rity segments.-road c*stomer base in commercial and e+ec*tive aviation! de.ense and sec*rity segments./lobal .ootprint./lobal .ootprint. Highly e+perienced management team. Highly e+perienced management team.3/lobal -*siness/lobal -*siness0perations in -ra"il! $S%! 1*rope and %sia(*al listed in -ra"ils -ovespa 219394 and 56S1 2&'''4Melbourne*Fort LauderdaleNashville$S%TaubatBotucatuGavio PeixotoSo os dos !a"#os-ra"il$vora*%lvercaPort*galLe Bour&et'ille#inte7rance(arbinBei)in&ChinaSin&a#oreSingapore!ountries o* +#eration Factories +**ices Service !enters !ontracted, Planned %uthori-ed Net.or/ * 0nder construction0ne o. -ra"ils largest e+porters o. man*.act*red goods(iversi.ied c*stomer8base across .ive continentsMesa1indsor Loc/sSo PauloS#are Parts 2istribution !enters LouisvilleMinnea#olis31+ec*tive 9arge )ets%ircra.t (eliveries%ircra.t (eliveries1+ec*tive 9ight )ets Commercial )etsPheno"*4526*47*455*2544 deliveries esti"atesLe&ac8 e Linea&e9:even*es:even*es/*idance &'11; 5et :even*es 2$S< =. > =.3 billion4 /*idance &'11; 5et :even*es 2$S< =. > =.3 billion4255:;2557< 0S G%%P255=;2545< >F?S***2544< @T2Guidance$S< MillionAxecutive aviation!o""ercial aviation%viation services,others2e*ense and securit8::even*es by Segment:even*es by SegmentCommercial aviation1+ec*tive aviation %viation services,others(e.ense and sec*rity5et :even*es$S< [email protected]@ =.=' =.@ &.A@255=;2545< >F?S*B:even*es by :egion:even*es by :egion9atin %merica0thers5orth %merica-ra"il %sia Paci.ic1*rope255=;2545< >F?S*5et :even*es$S< -illion?.@@ =.=' =.@ =.77irm -acBlog7irm -acBlog$S< -illion18)ets; ' %irlines .rom #' Co*ntries=45Prod*ct Port.olioProd*ct Port.olioca#acit8< B5 to 75 seatsran&e< 2C455 n" D3C=55 E"F ca#acit8< B7 to 77 seatsran&e< 2C555 n" D3CB55 E"F ca#acit8< =7 to 443 seatsran&e< 2C355 n" D3C955 E"F ca#acit8< 457 to 422 seatsran&e< 2C255 n" D3C455 E"F ca#acit8< 3B seatsran&e< 4CB95 n" D3C295 E"F ca#acit8< 95 seatsran&e< 4C995 n" D2C=55 E"F ca#acit8< 95 seatsran&e< 2C555 n" D3CB55 E"F ca#acit8< 33 seatsran&e< 4C:95 n" D3C595 E"F 44Commercial %viation 8 0rder -ooB @C11Commercial %viation 8 0rder -ooB @C117irm7irm 0rders 0rders0ptions 0ptions Dotal Dotal (eliveries (eliveries7irm7irm -acBlog -acBlog1:) 1#= 7amily 39' 8 39' 39' 81M-:%1: 1A' 133 @# &&& 13& 1M-:%1: 1A= 139 &9' #A9 1@ =@1M-:%1: 19' =@1 &9@ 3 @A1 1'1M-:%1: 19= 11' @ 1# 31 &9TOTAL E-JETS TOTAL E-JETS 1.018 1.018 653 653 1.671 1.671 770 770 248 248TOTAL TOTAL 1.908 1.908 653 653 2.561 2.561 1.660 1.660 248 2484218)ets C*stomer -ase 1vol*tion18)ets C*stomer -ase 1vol*tion43Eorldwide (istrib*tionEorldwide (istrib*tion(iversi.ied C*stomers %cross = Continents7irm 0rdersCommercial )ets MarBet Share 1vol*tion EorldwideConsidering %cc*m*lated 5et 0rders'81&' Seats )ets-acBlog1*rope & CISMiddle 1ast & %.rica9atin %merica5orth %merica%sia Paci.ic & China#@F@'F@FAF=F4318)ets (eployment18)ets (eployment495early 1!''' aircra.t with more than 1= years oldEorld :eplacement 0pport*nitiesEorld :eplacement 0pport*nities2)ets 181&' seats4%ro*nd A!&&= Get deliveries 2@'81&' seats4 in the ne+t &' years 2$S< @&' bi44:1mbraer MarBet 7orecast 2&'118&'@'41mbraer MarBet 7orecast 2&'118&'@'4NorthAmerica84032%NorthAmerica2,35033%LatinAmerica31512%LatinAmerica6709%Europe58022%Europe1,67523%Russia!"#1556%Russia!"#4356%A$rica803%A$rica1953%%i&&'e East1054%%i&&'e East3104%Asia (aci$ic2108%Asia (aci$ic6159%!hina34013%!hina97513%ProGected (eliveries8 )etsMarBet Segment2Seats4&'1' > &'19(eliveries@'8' '189' 1!'1=9181&' 1!=='@'81&' &!&=MarBet Segment2Seats4&'11 > &'@'(eliveries@'8' #@'189' &!A'9181&' #!1&=@'81&' A!&&=G Scope Cla*ses rela+ation allowing 3'8seater aircra.t as a nat*ral growth o. :)='s in the $SG :ight8si"ing o. narrow8body operations G :egional aviation development in 1merging MarBetsG %cceleration o. replacement o. old & ine..icient Gets 4B11' Seats 11' SeatsCompetitive 9andscapeCompetitive 9andscapeA'89' Seats A'89' Seats1'' Seats 1'' SeatsMore than #'' e+ec*tive Gets in operation.474=Prod*ct Port.olioProd*ct Port.olio9arge%ircra.t ModelPhenom 1''Phenom @''9egacy #='9egacy =''9egacy ''9ineage 1'''Seats , :ange*p to 3 occ*pants, 1!1A3 nm*p to 11 occ*pants, 1!9A1 nmA to 9 passengers, &!@'' nm3 to 1& passengers, @!''' nm1@ to 1# passengers, @!#'' nm1@ to 19 passengers, #!='' nm1ntry9ightMid8lightMid8si"e$ltra8largeS*per Mid8Si"e!erti*ied< 2557!erti*ied< 255=$nder development!erti*ied< 2554!erti*ied< 2557$ltra89ong :angeCompetitorsG Cessna 8 M*stang C)1H,M&G Honda)etG Cessna 8 C)&H,C)@,C)#G HawBer 8 PremierI%,#''IPG -ombardier 8 9earGet #'I:G Syber)et 8 S)@'G -ombardier 8 9earGet #=I:G Cessna 8 I9SH,9atit*deG HawBer A='G -ombardier 8 9earGet 'I:,3=G Cessna 8 SovereignG HawBer 8 H9''IPG /*l.stream > /1='G -ombardier 8 C9'=,/9='''G (assa*lt 8 7alcon &''',9''9IG /*l.stream 8 /@=',/#='G %irb*s 8 %C) @13,@19,@&'G -oeing > --),--)&,--)@G SS) JIP, %:)&1- , %n81#3JIP9egacy =' 1@ to 1# passengers, @!9'' nm!erti*ied< 2545G -ombardier 8 /9 I:SG /*l.stream > /='',/==',/='G (assa*lt > 7alcon AIG -ombardier 8 C9@'',C93='G Cessna 8 I,DenG (assa*lt 8 7alcon &'''SG /*l.stream 8 /&'',/&3'G HawBer 8 H#'''2525% 24%22% 21%20%33% 35%37%40%33%7%7% 7%6%9%12%13% 13%14%11%2.7%3.1%3.5%3.3%14%19% 16%16%14% 11%2% 3% 2% 1% 2%2005 2006 2007 2008 2009% OEM Share Total units 749 885 1,040 1,154 870 MarBet ShareMarBet ShareOthersHa!er"#ee$hE%&raer'ul(strea%)assault*essna#o%&ar+ier(eliveries share 2*nits4 :even*es share 2$S< 8 based on -&C% list prices4MarBet (eliveries &'1'; A@ *nits.1mbraer (eliveries; 1#= *nits.MarBet :even*es &'1'; ) E+(&d%r9 :;) I"d%"ei&9 ;) @E Avi&ti%"9 :) U"di+l%ed9 =) Deliverie9 :?A &ir+r&7t) T% be delivered9 >B &ir+r&7t) Pr%2e+t9) L&ti" A)eri+&) S%(t/ E&t Ai&) USA) A7ri+&G1ntering the M)oint (e.inition PhaseNGMarBet 7orecast &'&=; A'' aircra.t , $S< ='H biG 5ew tactical military transport aircra.tG Payload; &@ ton , :ange; 1#'' nmG -ra"il! Chile! Colombia! Port*gal! C"ech :ep*blicand %rgentina signed 90I .or *p to ' OC8@9' aircra.t.9ength; @@.31 m 211'.9 .t4Eingspan; @=.' m 211=.' .t4Height; 1'.& m 2@@.A .t41M-:%1: OC8@9'1M-:%1: OC8@9'2=351M-:%1: OC8@9' Main Partners Selected1M-:%1: OC8@9' Main Partners SelectedR%+1well .%lli"* (ro Line +usion a,ionics-DRS De7e"e9 car.o han&'in. an& aeria' &e'i,er/ s/stem 0!1#A2#3-ELE'9 'an&in. .ears-Lieb/err-Aer%2&+e9 en,ironmenta' an& ca4in pressure contro' s/stems-Eterli"e* autothrott'e s/stem-Meier-'($&tti-D%wt,* 5hee's, 4ra6es, 'an&in. .ear e7tension an& retraction s/stem, an& nose 5hee' steerin. mani$o'&-IAE9 82500 en.ine-'AE S,te)9 fly-by-wire $'i.ht contro' s/stems 0computers an& e'ectronics3- G%%dri+/9 primar/ $'i.ht contro' s/stem 0e'ectro9h/&rostatic actuators, e'ectro94ac6up h/&rostatic actuators, actuator e'ectronics, an& e'ectrica' contro's3-%cP*isition o. %tech 5egQcios em Decnologias S.%. 2='F4C#I SystemsCommercial %greement Small $%J%cP*isition o. 0rbiSat da %ma"Rnia S.% radarSs division:emote sensing and s*rveillance radars 2gro*nd! air and maritime41lbit ,%19 Goint8vent*re to .orm a new company with 1mbraer (e.ense and Sec*rity maGority participation$%S! sim*lators and moderni"ation o. avionics systemsHarpia%cP*isitions and Partnerships%cP*isitions and Partnerships3432-ra"ilian %rmy Priorities-ra"ilian %rmy PrioritiesSIS7:05Integrated -orders Monitoring System1stimate; $S< # -illionComprising radars! comm*nication networBs! C#I! *nmanned air vehicles 2$%J4 and armored vehicles:even*es by :egion 8 &'1':even*es by :egion 8 &'1'3333Outlook Outlook&'11 0*tlooB&'11 0*tlooB0SI 3:9 "illion 0SI 3:9 "illion5et :even*es 5et :even*es1-ID 1-IDE!T "ar#$% E!T "ar#$%0SI 9J: K 9J7 billion 0SI 9J: K 9J7 billion7J5H ; 7J3H 7J5H ; 7J3H0SI B55 "illion 0SI B55 "illion 1-ID(% 1-ID(%E!T&A "ar#$% E!T&A "ar#$% 42J5H ; 42J9H 42J5H ; 42J9H39:esearch :esearch(evelopment (evelopment0SI =5 "illion0SI =5 "illion 0SI 4:5 "illion 0SI 4:5 "illionC%P1I C%P1I 0SI 255 "illion 0SI 255 "illion36&'11 0*tlooB&'11 0*tlooBOutlook Outlook$S< Million6D( 0*tlooB0inan$ial ,esults 0inan$ial ,esults 10,S10,S37375et :even*es , S/&% 1+penses5et :even*es , S/&% 1+penses5et :even*es 8 $S< Million5et :even*es /ross MarginS/&% 1+penses 8 $S< MillionSelling 1+penses /&% 1+penses/*idance &'11 8 5et :even*es; $S< =. 8 =.3 billion /*idance &'11 8 5et :even*es; $S< =. 8 =.3 billion1#&1A1A@1A&1=13=Income .rom 0perations , 1-ID(%Income .rom 0perations , 1-ID(%1-ID 1-ID MarginIncome .rom 0perations 8 $S< Million1-ID(% 1-ID(% Margin1-ID(% 8 $S< Million1-ID; $S< #= million1-ID Margin; 3.'F 8 3.@F1-ID; $S< #= million1-ID Margin; 3.'F 8 3.@F&'11 0*tlooB 81-ID(%; $S< A'' million1-ID(% Margin; 1&.'F 8 1&.=F1-ID(%; $S< A'' million1-ID(% Margin; 1&.'F 8 1&.=F&'11 0*tlooB 8355et Income , 7ree Cash 7low5et Income , 7ree Cash 7low5et Income 8 $S< Million 7ree Cash 7low 8 $S< Million5et Income 5et Margin34Indebtedness Pro.ile , 5et CashIndebtedness Pro.ile , 5et CashIndebtedness Mat*rity 5et Cash 8 $S< Million9ong8term Short8term9oans %verage Mat*rity 26ears4Dotal (ebt @C11; $S< 1.3 -illion Dotal (ebt @C11; $S< 1.3 -illion Dotal Cash @C11; $S< &.' -illion Dotal Cash @C11; $S< &.' -illion1'th anniversaries; 56S1 1*rone+t listing.Presence in China! Singapore and /PI. 1'th anniversaries; 56S1 1*rone+t listing.Presence in China! Singapore and /PI. 431mbraer elected .or the @rd consec*tive year! one o. the best companies to worB .or in -ra"il. 1mbraer elected .or the @rd consec*tive year! one o. the best companies to worB .or in -ra"il. &'1' %ccomplishments&'1' %ccomplishments1mbraer selected as /old Classon the ()SI and also on the IS1.1mbraer selected as /old Classon the ()SI and also on the IS1.339ean :es*lts; 18)ets 7inal %ssembly 9ean :es*lts; 18)ets 7inal %ssembly 9ine Drans.ormation9ine Drans.ormation39%*tomation Initiatives &'1'%*tomation Initiatives &'1'%*tomation initiatives contin*es in &'11T3:S*stainability InitiativesS*stainability Initiatives-ra"ilian %lliance .or -io8.*el:e.orestation ProGectsIS0 1#''1 and 0HS%S 13''1 Certi.icationsS*stainability Initiatives S*stainability Initiatives1st ethanol powered aircra.t in the EorldIpanema :ecyclingCorporate Jal*es/reener DechnologySocial %ctivities 3BC>D8AA?8