ERJ - EMBRAER EARNINGS RESULTS 1st QUARTER 2023
PR Newswire
SÃO PAULO , May 4, 2023 /PRNewswire/ -- EMBRAER S.A. (NYSE: ERJ; B3: EMBR3) releases its first Quarter 2023 Earnings Results.
HIGHLIGHTS
- 1Q according to management expectations in line with Company plan.
- Embraer delivered 15 jets in the first quarter, of which 7 commercial aircraft and 8 executive jets (6 light and 2 mid-size).
- Firm order backlog ended 1Q23 at US$ 17.4 billion stable quarter over quarter, higher in Executive Jets and Services & Support.
- Revenues reached US$ 717 million in the quarter (19% higher than 1Q22), in line with Company forecast.
- Adjusted Free Cash Flow w/o EVE (FCF) in 1Q23, with cash consumption of US$ 399 million , due to seasonality and in preparation for higher deliveries in the coming quarters.
- Operational and financial guidance for 2023 unchanged.
For additional information, please check the full document on our website ri.embraer.com.br
INVESTOR RELATIONS
Leonardo Shinohara , Jose Triques, Caio Moriani, Eliane Fanis , and Viviane Pinheiro .
(+55 11) 3040-6874
investor.relations@embraer.com.br
ri.embraer.com.br
CONFERENCE CALL INFORMATION
Embraer will host a conference call to present its 1Q23 Results on:
ENGLISH : Thursday, May 4, 2023 at 09:00 AM (NY Time) / 10:00 AM (SP Time).
Access Link: Webinar Registration - Zoom
To participate by Phone:
- From U.S.: +1 646 931 3860 or +1 669 444 9171 or 877 853 5247 (Toll-Free).
- From Brazil : +55 11 4680 6788 or 55 11 4700 9668 or 0 800 282 5751 (Toll-Free).
- International Phone Numbers available at click here .
ID: 820 8742 2713
Password: 500501
We recommend you call 15 minutes in advance.
THE CONFERENCE CALL WILL ALSO BE BROADCASTED LIVE OVER THE WEB, AT THE ADDRESS: https://ri.embraer.com.br/
SOURCE Embraer S.A.
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