Eucatex S.a. Industria E Comercio · BMFBOVESPA:EUCA3
Eucatex S.a. Industria E Comercio — 2Q21 Earnings Presentation
13 slides from Eucatex S.a. Industria E Comercio's earnings presentation, 2021
Slide 1: Earnings Release 2Q21
Earnings Release 2Q21
Slide 2: Financial and Operating Performance
Financial and Operating Performance
Slide 3: Construction
Construction ABRAMAT Index - Domestic Market From 2013 to 1H21, the index dropped 11.2%. Source: ABRAMAT 3
Slide 4: Evolution of Supply and Demand in Domestic Panel Market - Quarter
Evolution of Supply and Demand in Domestic Panel Market - Quarter Effective Installed Capacity (Fiberboard + MDF + MDP) vs. Production % Variation 2Q21 x 2Q20 Total Total 59.1% Domestic Market 67.1% Export Market 19.4% % Variation 1H21 x 1H20 Total Total 37.9% Domestic Market 43.0% Export Market 11.
Slide 5: Operating Data
Operating Data Net Revenue Period 2020 2021 Var Quarter R$369.3 million R$556.3 million 50.6% Six months R$738.2 million R$1,085.8 million 47.1% Distribution by Product - 2Q21 Distribution by Segment - 2Q21 Eucatex has a diversified portfolio of products and operates in several segments, contributin
Slide 6: Wood Segment
Wood Segment Net Revenue Period 2020 2021 Var Quarter R$270.2 million R$455.1 million 68.8% Six months R$570.6 million R$879.1 million 54.1% Total Market (‘000 m³) – Domestic + Export Markets 32.2% 16.2% 59.1% 37.9% Source: Eucatex estimate 6
Slide 7: Wood Segment
Wood Segment Installed Capacity Utilization - 2Q21 Breakdown of Costs - 2Q21 All Panels Resin Panels Non-Resin Panels (Fiberboard) 7
Slide 8: Paint Segment
Paint Segment Market - Million Gallons Net Revenue Variation 1Q21 x 1Q20 Period 2020 2021 Var Eucatex -17.7% Market 33.9% Quarter R$97.0 million R$94.0 million -3.2% Variation 1H21 x 1H20 Six months R$161.9 million R$193.6 million 19.6% Eucatex 4.5% Market 31.8% Breakdown of Costs - 2Q21 Source: Euc
Slide 9: Financial Highlights
Financial Highlights Net Revenue (R$ million) Gross Profit and SG&A and Recurring EBITDA and Recurring Net Income Gross Margin SG&A / Net Revenue Recurring EBITDA Margin 52.5% 80.1% 23.1% 106.4% 414.7% 47.9% 74.5% 26.9% 97.3% 2,111.9% 9
Slide 10: Debt
Debt Debt (R$ Million) 1H21 2020 Var. (%) 1H20 Var. (%) Short-Term Debt 232.9 274.5 -15.2% 298.9 -22.1% Long-Term Debt 226.6 231.7 -2.2% 190.8 18.8% Gross Debt 459.5 506.2 -9.2% 489.6 -6.2% Cash and Cash Equivalents 92.8 85.2 8.8% 24.7 275.0% Net Debt 366.7 420.9 -12.9% 464.9 -21.1% % Short-Term Deb
Slide 11: Investments
Investments Investments Made Planned for 2021 R$175.9 million 11
Slide 12: Sustainability - Forestry
Sustainability - Forestry 108 farms Average Radius with eucalyptus plantations, Botucatu Botucatu totaling Salto MDP Fiberboard 56,100 hectares 162 km 68 Km 84 Km Newly Planted Forests and Seedling Management (ha) 12
Slide 13: Investor Relations Contacts
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
Eucatex S.A. Indústria e Comércio — 2Q21 Earnings Presentation on 6ix