Eucatex S.a. Industria E Comercio · BMFBOVESPA:EUCA3
Eucatex S.a. Industria E Comercio — Eucatex — 2Q22 Earnings Presentation
12 slides from Eucatex S.a. Industria E Comercio's earnings presentation, 2022
Slide 1: Earnings Release 2Q22
v eucatex ” Earnings Release 2022
Slide 2: Construction
Construction ABRAMAT Index - Domestic Market From 2013 to 1H22, the index declined 29.5%. Source: ABRAMAT 2
Slide 3: Supply and Demand in Domestic Panels Market - Quarter
Supply and Demand in Domestic Panels Market - Quarter Effective Installed Capacity (Fiberboard + MDF + MDP) vs. Production % Variation 2Q22 x 2Q21 Total Total -6.7% Domestic Market -14.2% Export Market 45.4% % Variation 1H22 x 1H21 Total Total -9.7% Domestic Market -16.0% Export Market 32.7% Source:
Slide 4: Operating Data
Operating Data Net Revenue Period 2021 2022 Var. Quarter R$556.3 million R$600.9 million 8.0% Six-month R$1,085.8 million R$1,198.7 million 10.4% period Distribution by Product - 2Q22 Distribution by Segment - 2Q22 Other 1% Paint Segment 22% Wood Segment 77% Eucatex has a diversified portfolio of pr
Slide 5: Wood Segment
Wood Segment Total Volume (‘000 m³) – Domestic + Export Markets Net Revenue Eucatex (Base 100) Market Period 2021 2022 Var. Quarter R$463.9 million R$462.6 million -0.3% Six-month 4.9% -6.7% R$893.5 million R$938.8 million 5.1% period Laminated MDP Flooring 16% 15% Fiberboard 33% T-HDF/MDF -3.3% -9.
Slide 6: Wood Segment
Wood Segment Installed Capacity Utilization - 2Q22 Breakdown of Costs - 2Q22 All Panels Panels with Resin Panels without Resin (Fiberboard) 6
Slide 7: Paint Segment
Paint Segment Installed Capacity Utilization Breakdown of Costs - 2Q22 Net Revenue Period 2021 2022 Var. Quarter R$94.0 million R$135.0 million 43.7% Six-month R$193.6 million R$250.3 million 29.3% period Total Capacity – 36 million gallons / year Total Volume – million gallons Eucatex (Base 100)
Slide 8: Financial Highlights
Financial Highlights Net Revenue (R$ million) Gross Profit and SG&A and Recurring EBITDA and Recurring Net Income Gross Margin SG&A / Net Revenue Recurring EBITDA Margin 8.0% -7.5% 13.7 % -10.8% -57.0% 10.4% 2.5% 11.2% -6.9% -17.6% 8
Slide 9: Debt
Debt Debt (R$ Million) 1H22 1H22 Var. (%) 2021 Var. (%) Short-Term Debt 246.8 204.9 20.4% 230.5 7.1% Long-Term Debt 306.6 287.3 6.7% 291.4 5.2% Gross Debt 553.3 492.2 12.4% 521.9 6.0% Cash and Cash Equivalents 67.9 71.9 -5.7% 141.1 -51.9% Net Debt 485.5 420.3 15.5% 380.8 27.5% % Short-Term Debt 45%
Slide 10: Investments
Investments Investments Made Planned for 2022 R$248.0 million 10
Slide 11: Forest Sustainability
Forest Sustainability 120 farms Average Radius with eucalyptus plantations, Botucatu Botucatu totaling Salto MDP Fiberboard 36,100 hectares 118 km 37 Km 52 Km actually planted New Planted Forests and Sprouting Management (ha) 11
Slide 12: José Antonio G. de Carvalho
José Antonio G. de Carvalho Executive Vice President and IRO Sergio Henrique Ribeiro Controller Waneska Bandeira Investor Relations ri@eucatex.com.br 55 (11) 3049-2473