Material Fact: Guidance 2022

Rhea-AI Summary

Embraer S.A. provided its 2022 guidance, projecting 60 commercial and 100 executive aviation deliveries. The company anticipates consolidated revenues of $4.5 billion to $5.0 billion and adjusted EBIT margin between 3.5% and 4.5%. The adjusted EBITDA margin is expected to range from 8.0% to 9.0%, while the company aims for a free cash flow of $50 million or better. Embraer cautioned that forward-looking statements are estimates subject to change due to external factors.

Positive

• Projected delivery of 60 commercial and 100 executive aviation aircraft.
• Anticipated consolidated revenues between $4.5 billion and $5.0 billion.
• Expected adjusted EBIT margin between 3.5% and 4.5%.
• Estimated adjusted EBITDA margin range of 8.0% to 9.0%.
• Targeting a free cash flow of $50 million or better.

Negative

• Projected EBIT margins show a potential decrease from previous levels.
• Revenue forecasts indicate possible volatility based on market conditions.

SÃO JOSÉ DOS CAMPOS, Brazil, March 9, 2022 /PRNewswire/ -- EMBRAER S.A.:

MATERIAL FACT

Embraer S.A. ("Embraer" or "Company"), in accordance with CVM Resolution No. 44, of August 23, 2021, and CVM Instruction No. 480, of September 7, 2009, informs its shareholders and the market in general of its projections for the year 2022.

(1) GUIDANCE 2022
Commercial Aviation deliveries	60	-	70
Executive Aviation deliveries	100	-	110
Consolidated Revenues (US$ bn.)	$4,5	-	$5,0
Adjusted EBIT margin (%)	3,5%	-	4,5%
Adjusted EBITDA margin (%)	8,0%	-	9,0%
Free Cash Flow (US$ mln.)	$ 50 or Better
(1) Without Eve

This information will be available in the Reference Form (section 11), on the CVM website at http://www.cvm.gov.br/ and the Company's website at http://ri.embraer.com.br, within the legal period.

Embraer clarifies that this document contains forward-looking statements beyond the Company's control, which are estimates, and involve uncontrolled external factors. Therefore, they do not constitute a performance promise by the Company and its managers and may undergo changes that will be communicated diligently as soon as the events occur.

View original content:https://www.prnewswire.com/news-releases/material-fact-guidance-2022-301499604.html

SOURCE Embraer S.A.

FAQ

What is Embraer's revenue guidance for 2022?

Embraer projects consolidated revenues between $4.5 billion and $5.0 billion for 2022.

How many aircraft does Embraer plan to deliver in 2022?

Embraer plans to deliver 60 commercial aircraft and 100 executive aviation aircraft in 2022.

What is the expected EBIT margin for Embraer in 2022?

The expected adjusted EBIT margin for Embraer in 2022 is between 3.5% and 4.5%.

What free cash flow target has Embraer set for 2022?

Embraer aims for a free cash flow of $50 million or better in 2022.

What are the projected EBITDA margins for Embraer in 2022?

The expected adjusted EBITDA margin for Embraer in 2022 ranges from 8.0% to 9.0%.