Eucatex S.a. Industria E Comercio · BMFBOVESPA:EUCA3

Eucatex S.a. Industria E Comercio — Eucatex — Q2 2014 Earnings Presentation

10 slides from Eucatex S.a. Industria E Comercio's earnings presentation, Aug 7, 2014

  1. Slide 1: 2Q14 Results

    © eUCatED< 2Q14 Results August 7, 2014

  2. Slide 2: Operating Data – Net Revenue

    Operating Data – Net Revenue Net Revenue 2Q13 2Q14 Var 1H13 1H14 Var R$ 279.5 million R$ 255.0 million -8.8% R$ 532.2 million R$ 518.5 million -2.6% By product By segment 2

  3. Slide 3: Wood Segment Net Revenue

    Wood Segment Net Revenue 2Q13 2Q14 Var R$ 217.4 million R$ 195.6 million -10.0% 1H13 1H14 Var R$ 416.0 million R$ 392.1 million -5.7% 139 138 130 Total 120 Market (‘000 m³) 118 DOMESTIC + EXPORT MARKETS 114 110 106 108 104 100 100 1T06 1T07 1T08 1T09 1T10 1T11 Source: ABIPA Eucatex Mercado Market 3

  4. Slide 4: Wood Segment

    Wood Segment Installed Capacity Utilization – 2Q14 10% 86% 82% 69% 43% Fiberboard T-HDF/MDF MDP and flooring Laminated Flooring (240,000m³/year) (275,000 m³/year) (430,000 m³/year) (12 million m²/year) Breakdown of Costs – 2Q14 All Panels Resin Panels Non-Resin Panels(Fiberboard) 4

  5. Slide 5: Paint Segment

    Paint Segment Net Revenue Market – Million Gallons 2Q13 2Q14 Var R$ 57.0 million R$ 54.3 million -4.7% 1H13 1H14 Var R$ 105.5 million R$ 113.3 million 7.4% Source: Eucatex Market Installed Capacity Utilization Breakdown of Costs – 2Q14 52% 2Q14  Total Capacity – 36 million gallons / year 5

  6. Slide 6: Financial Data

    Financial Data Highlights (R$ million) 2Q14 V.A. % 2Q13 V.A. % Var. (%) 1H14 V.A. % 1H13 V.A. % Var. (%) Net Revenue 255.0 100.0% 279.5 100.0% -8.8% 518.5 100.0% 532.2 100.0% -2.6% Fair value of biological assets 10.6 4.2% 11.1 4.0% -4.2% 22.6 4.4% 22.4 4.2% 0.9% Cost of products sold (190.0) -74.5%

  7. Slide 7: Debt

    Debt Debt (R$ MM) 1H14 1Q14 Var. (%) Short-Term Debt 132.5 116.9 13.3% Long-Term Debt 182.1 180.3 1.0% Gross Debt 314.5 297.2 5.9% Cash and Cash Equivalents 12.0 10.3 16.9% Net Debt 302.5 286.9 5.5% % Short-Term Debt 42% 39% 2.8 p.p. Net Debt/EBITDA 1.7 1.5 16.5% Debt Profile 7

  8. Slide 8: Capex

    Capex Investments Made Planned for 2014 R$ 100.7 million Other 1% Panel Forest Factories 48% 46% 10.8 11.7 2.2 4.7 0.2 1.1 Paints 11.9 10.0 5% 1.8 1.4 8

  9. Slide 9: Sustainability – Forestry and Recycling

    Sustainability – Forestry and Recycling 77 farms with Average Radius Total Processing Capacity - Recycling planted Equivalent to eucalyptus Salto Botucatu Ton/Year forests, totaling Trees Forests 46,100 162 km 49 Km 240,000 ton 2 million / year 1,500 hectares hectares Volume Processed (ton) - Recycl

  10. Slide 10: IR Contacts

    IR Contacts José Antonio G. de Carvalho Executive VP and IRO Sergio Henrique Ribeiro Controller Waneska Bandeira Investor Relations (55 11) 3049-2473 ri@eucatex.com.br www.eucatex.com.br/ri

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