Eucatex S.a. Industria E Comercio · BMFBOVESPA:EUCA3
Eucatex S.a. Industria E Comercio — 4Q23 Earnings Presentation
22 slides from Eucatex S.a. Industria E Comercio's earnings presentation, 2024
Slide 1: Earnings Release 4Q23
Earnings Release 4023 q LY 5 ouucatex @ ene
Slide 2: Index – Operating Segments
ll Index — Operating a 5 Segments e eucatex @ aimarha
Slide 3: Construction segment – ABRAMAT Index
Construction segment ABRAMAT Index Domestic market 3 Source: ABRAMAT
Slide 4: Construction segment – ABRAFATI Index
Construction segment ABRAFATI Index Domestic market 4 Source: ABRAFATI
Slide 5: Construction segment – Flooring market (IBÁ)
Construction segment Flooring market (IBÁ) 5 Source: IBÁ
Slide 6: 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 % Quarterly Variation Total Total 11.3% Domestic Market 6.2% Export Market 66.1% % Annual Variation Total Total -2.2% Domestic Market 1.5% Export Market -22.7% Sourc
Slide 7: Operating Performance
Operating Performance e eucatex @- Gintihtr
Slide 8: Operating Performance
Operating Performance Net operating revenue (R$ million) Breakdown of NOR by segment 4Q23 3.7% 6.6% 2023 8
Slide 9: Net operating revenue (R$ million)
Net operating revenue (R$ million) Furniture industry and resale segment Construction segment 4Q23 -0.6% 13.1% 11.6% 2023 8.6% 9
Slide 10: Export segment
Export segment Net operating revenue (R$ million) Breakdown of NOR by segment 4Q23 -0.4% -3.5% 2023 10
Slide 11: Financial performance
Financial performance e eucatex @ aimarha
Slide 12: Financial highlights
Financial highlights Gross profit and SG&A and Recurring EBITDA and Net revenue (R$ million) Recurring net income Gross margin SG&A / Net Revenue recurring EBITDA margin 1.8% 3.9% 0.5 % 10.5% 12.0% 6.6% 9.2% 10.7% 12.8% 21.4% 12
Slide 13: Debt
Debt Debt (R$ Million) 2023 9M23 Var. (%) 2022 Var. (%) Short-Term Debt 309.3 297.8 3.9% 263.5 17.4% Long-Term Debt 407.5 441.7 -7.8% 361.6 12.7% Gross Debt 716.8 739.6 -3.1% 625.1 14.7% Cash and Cash Equivalents 130.3 224.0 -41.8% 94.9 37.3% Net Debt 586.5 515.6 13.8% 530.2 10.6% % Short-Term Debt
Slide 14: Investments in working capital and financial cycle
Investments in working capital and financial cycle Financial Cycle 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 Net Revenue (R$ Million) 597.8 600.9 672.8 639.1 678.6 651.3 684.7 663.1 Trade Accounts Receivable 501.6 503.3 525.5 505.3 576.8 591.9 581.2 579.0 Inventories 471.9 537.7 566.6 578.6 492.7 522.
Slide 15: Investments
Investments Investments made Planned for 2024 R$268.0 million Actual - 2023 R$254.8 million 15
Slide 16: Governance and Sustainability
Governance and Sustainability
Slide 17: Corporate governance
Corporate governance Two independent members on the Board of Directors Creation of Audit Committee and Ethics Committee Won in 2023 the Anefac (National Association of Executives) Trophy for Transparency in financial statements Outsourced and Independent Complaints Channel Creation of People and Gov
Slide 18: Forest Sustainability
Forest Sustainability 134 farms with eucalyptus plantations, Average radius totaling Botucatu Botucatu Salto 43,300 hectares, of which 35,900 MDP Fiberboard hectares 168 km 63 Km 55 Km actually planted Newly planted forests and sprouting management (ha) 18
Slide 19: Sustainability – Recycling
Sustainability – Recycling Ensuring sustainability and the possibility of launching new projects Total recycling processing capacity Equivalent Ton/Year Trees Forests 240,000 ton 2 million/year 1,500 ha Material that was already recomposed Material that was only submitted to (Fiberboard, MDP, MDF, m
Slide 20: Energy sustainability
Energy sustainability Castilho Solar Power Plant - Solar power purchase agreement (PPA) Investment: R$1 billion Installed capacity: 270 MWP Occupied area: 690 hectares (600 soccer fields) Reduction in energy costs: R$12 million / year Environmental impact: The plant will avoid the emission of 16,000
Slide 21: Eucatex
e eucatex @ aimarha
Slide 22: José Antonio G. de Carvalho
José Antonio G. de Carvalho Executive Vice President and IRO Sergio Henrique Ribeiro Controller Tatiana Pinho Investor Relations Coordinator ri@eucatex.com.br 55 (11) 3049-2473
Eucatex S.A. Indústria e Comércio — 4Q23 Earnings Presentation on 6ix