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Communique - Embraer 2013 Outlook

                      Communique - Embraer 2013 Outlook

PR Newswire

SAO JOSE DOS CAMPOS, Brazil, Feb. 4, 2013

SAO JOSE DOS CAMPOS, Brazil, Feb. 4, 2013 /PRNewswire/ -- Embraer is releasing
its 2013 Outlook to the investment community.

2012 Highlights

As previously announced to the market, in 2012 Embraer delivered a total of
106 commercial jets and 99 executive jets, including 77 light jets and 22
large jets, accomplishing its 2012 delivery Outlook. The Company ended 2012
with a US$ 12.5 billion backlog. Earnings results for the 4th Quarter and
Fiscal Year 2012 will be released on March 22nd, 2013, followed by a
conference call on March 25th.

2013 outlook

In 2013, Embraer expects to deliver 90 to 95 commercial jets, 80 to 90 light
executive jets and 25 to 30 large executive jets. Therefore, the Company
expects to achieve total Net Revenues between US$ 5.9 and US$ 6.4 billion. The
approximate revenue contribution from each business segment should be:
Commercial Aviation: 52%; Executive Aviation: 25%; Defense and Security: 21%
and; Other business: 2%.

Net Revenues         US$ 5.9 - 6.4 Billion
Commercial Aviation  US$ 3.20 - 3.35 Billion
Executive Aviation   US$ 1.40 - 1.60 Billion
Defense and Security US$ 1.25 - 1.35 Billion
Others               US$ 50 - 100 Million

The Company expects to achieve an EBIT margin between 9.0% and 9.5% (from US$
530 to US$ 610 million) and therefore the EBITDA margin is expected to stay
between 13.0% and 14.0% (from US$ 770 to US$ 900 million).

Total 2013 Investment is expected to be US$ 580 million, of which Research
will represent US$ 100 million, Product development US$ 300 million and CAPEX
US$ 180 million.

EBIT          US$ 530 - 610 Million
EBIT Margin   9.0% - 9.5%
EBITDA        US$ 770 - 900 Million
EBITDA Margin 13.0% - 14.0%
Investments   US$ 580 Million
Research      US$ 100 Million
Development   US$ 300 Million
Capex         US$ 180 Million

This Outlook is based on assumptions which are subject to various factors many
of which are not and neither will be under the control of the Company.

Embraer will host a conference call tomorrow, February 5th, at 08:30AM (EST) -
11:30AM (SP), to discuss the 2013 Outlook, as informed below.

CONFERENCE CALL INFORMATION

The conference call will be broadcast live over the web at
http://ri.embraer.com.br

Telephones:

  oOperator Assisted (US/ Canada) Toll-Free Dial-In Number: (877) 846-1574
  oOperator Assisted International Dial-In Number: (+1 708) 290-0687
  oYour own International Toll-Free number for Brazil: 0800 047 4803 (land
    line) and 0800 047 4801 (cell phone)

Code: 8322038

Investor Relations

Luciano Froes, Caio Pinez, Claudio Massuda, Juliana Villarinho and Paulo
Ferreira
(+55 12) 3927-4404
investor.relations@embraer.com.br
Follow Embraer's IR Department on twitter: @IREmbraer

ABOUT EMBRAER

Embraer S.A. (NYSE: ERJ; BM&FBOVESPA: EMBR3) is the world's largest
manufacturer of commercial jets up to 120 seats, and one of Brazil's leading
exporters. Embraer's headquarters are located in Sao Jose dos Campos, Sao
Paulo, and it has offices, industrial operations and customer service
facilities in Brazil, China, France, Portugal, Singapore, and the U.S. Founded
in 1969, the Company designs, develops, manufactures and sells aircraft and
systems for the commercial aviation, executive aviation, and defense and
security segments. It also provides after sales support and services to
customers worldwide. For more information, please visit www.embraer.com.br.

This document may contain projections, statements and estimates regarding
circumstances or events yet to take place. Those projections and estimates are
based largely on current expectations, forecasts on future events and
financial tendencies that affect Embraer's businesses. Those estimates are
subject to risks, uncertainties and suppositions that include, among others:
general economic, political and trade conditions in Brazil and in those
markets where Embraer does business; expectations on industry trends; the
company's investment plans; its capacity to develop and deliver products on
the dates previously agreed upon, and existing and future governmental
regulations. The words "believe", "may", "is able", "will be able", "intend",
"continue", "anticipate", "expect" and other similar terms are supposed to
identify potentialities. Embraer does not feel compelled to publish updates
nor to revise any estimates due to new information, future events or any other
facts. In view of the inherent risks and uncertainties, such estimates, events
and circumstances may not take place. The actual results can therefore differ
substantially from those previously published as Embraer expectations.

SOURCE Embraer S.A.

Website: http://www.embraer.com.br
 
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