SAO JOSE DOS CAMPOS, Brazil – EMBRAER SA released its second quarter 2014 results.

HIGHLIGHTS

In the second quarter of 2014 (2Q14), Embraer delivered 29 commercial and 29 executive (22 light and 7 large) jets;

The Company’s firm order backlog ended 2Q14 at US$ 18.1 billion;

As a result of aircraft deliveries, coupled with revenues from the Company’s Defense & Security business, 2Q14 Revenues were US$ 1,761.3 million, for year-over-year growth of 13.1%. Year-to-date (YTD) Revenues in the first six months of 2014 were US$ 3,003.6 million, representing year-over-year growth of 13.6%;

EBIT and EBITDA margins were 10.6% and 14.8% respectively, in 2Q14, and for the first six months of 2014 were 9.3% and 13.7%, respectively;

2Q14 Net income attributable to Embraer Shareholders and Earnings per basic ADS totaled US$ 143.4 million and US$ 0.7829, respectively. For the first half of 2014, Net income attributable to Embraer Shareholders was US$ 254.0 million and Earnings per basic ADS was US$ 1.3867;

The Company’s 2014 Guidance for financial performance and Commercial and Executive aircraft deliveries published in February remains unchanged.

MAIN FINANCIAL INDICATORS

in millions of U.S. dollars, except % and earnings per share data

IFRS
(1)

1Q14
(1)

2Q13
(1)

2Q14
(1)

YTD14

Revenue
1,242.3
1,557.0
1,761.3
3,003.6

EBIT
92.1
135.3
186.8
278.9

EBIT Margin %
7.4%
8.7%
10.6%
9.3%

EBITDA
151.0
203.7
261.4
412.4