Eucatex S.a. Industria E Comercio · BMFBOVESPA:EUCA3
Eucatex S.a. Industria E Comercio — Eucatex Group — Q3 2017 Earnings Presentation
11 slides from Eucatex S.a. Industria E Comercio's earnings presentation, Nov 9, 2017
Slide 1: Eucatex Group 3Q17 Earnings Presentation
Eucatex Group Presentation 3Q17 Earnings November 9, 2017
Slide 2: Highlights
Eucatex Group Highlights Net Revenue 3Q17: R$ 313.7 million, growth of 3.1% 9M17: R$ 887.1 million, growth of 3.2% Recurring EBITDA 3Q17: R$ 55.5 million, up 16.5% 9M17: R$ 153.2 million, up 10.1% Recurring EBITDA 3Q17: 17.7%, expansion of 2 pp Margin 9M17: 17.3%, expansion of 1.1 pp Recurring 3Q17:
Slide 3: Operating Data
Operating Data Net Revenue 3Q16 3Q17 Var 9M16 9M17 Var R$ 304.3 million R$ 313.7 million 3.1% R$ 859.9 million R$ 887.1 million 3.2% Breakdown by Product – 3Q17 Breakdown by Segment – 3Q17 3
Slide 4: Wood Segment
Wood Segment Net Revenue 3Q16 3Q17 Var R$ 208.7 million R$ 223.2 million 6.9% 9M16 9M17 Var R$ 621.1 million R$ 644.1 million 3.7% 139 138 130 Total 120 Market ('000 m³) 118 110 DOMESTIC + EXPORT MARKET 114 106 108 104 100 100 1T06 1T07 1T08 1T09 1T10 1T11 Source: IBÁ Eucatex Market Mercado 4
Slide 5: Wood Segment
Wood Segment Installed Capacity Utilization – 3Q17 Breakdown of Costs – 3Q17 All Panels Resin Panels Non-Resin Panels (Fiberboard) 5
Slide 6: Paint Segment
Paint Segment Market – million gallons Net Revenue 3Q16 3Q17 Var R$ 73.6 million R$ 69.7 million -5.4% 9M16 9M17 Var R$ 191.6 million R$ 186.2 million -2.8% Breakdown of Costs – 3Q17 Change 3Q17 vs. 3Q16 9M17 vs. 9M16 Eucatex -9.2% -7.0% Market -3.7% -2.2% Source: Eucatex Installed Capacity Utilizat
Slide 7: Financial Data
Financial Data Highlights (R$ million) 3Q17 V.A. % 3Q16 V.A. % Var. (%) 9M17 V.A. % 9M16 V.A. % Var. (%) Net Revenue 313.7 100.0% 304.3 100.0% 3.1% 887.1 100.0% 859.9 100.0% 3.2% Fair value of biological assets 12.8 4.1% 7.2 2.4% 78.3% 23.1 2.6% 21.5 2.5% 7.3% Cost of products sold (233.0) -74.3% (2
Slide 8: Debt
Debt Debt (R$ Million) 9M17 2016 Var. (%) Short Term Debt 219.6 241.3 -9.0% Long Term Debt 135.3 114.4 18.3% Gross Debt 354.9 355.7 -0.2% Cash and Cash Equivalents 22.3 23.6 -5.1% Net Debt 332.5 332.1 0.1% % Short Term Debt 62% 68% -6 p.p. Net Debt/EBITDA 1.6 1.8 -8.9% Debt Profile Long Short Term T
Slide 9: Investments
Investments Investments Made Planned for 2017 R$ 81 million 6.8 15.0 2.5 3.4 0.2 0.6 10.4 15.1 2.2 3.0 24.6 27.5 10.2 5.9 0.9 1.9 24.8 32.7 7.5 9.8 9
Slide 10: Sustainability – Forestry and Recycling
Sustainability – Forestry and Recycling 75 farms with Total Processing Capacity - Recycling Average Radius planted eucalyptus Equivalent to Salto Botucatu Ton/Year forests, Trees Forests totaling 45,700 167 km 31 Km 240,000 ton 2 million / year 1,500 ha hectares Processed Volume (ton) - Recycling Ne
Slide 11: Investor Relations contacts
José Antonio G. de Carvalho Executive VP and IRO Sergio Henrique Ribeiro Controller Waneska Bandeira 55 (11) 3049-2473 Investor Relations ri@eucatex.com.br ri.eucatex.com.br