Eucatex S.a. Industria E Comercio · BMFBOVESPA:EUCA3
Eucatex S.a. Industria E Comercio — 4Q20 Earnings Presentation
14 slides from Eucatex S.a. Industria E Comercio's earnings presentation
Slide 1: Earnings Release 4Q20
Earnings Release 4Q20
Slide 2: Eucatex vs. COVID-19
Eucatex vs. COVID-19 In-house Measures - Preventive Actions Information and Raising Awareness Physical Distancing Sanitization of Facilities Risk Monitoring Personal Hygiene Control of Cases Evolution of Confirmed Cases On March 28, with the information and documented follow-up of the Company's medi
Slide 3: Financial and Operating Performance
Financial and Operating Performance
Slide 4: Construction
Construction ABRAMAT Index Domestic Market From 2013 to 2020, the index dropped 28.6%. Source: ABRAMAT 4
Slide 5: 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 4Q20 x 4Q19 Total Total 23.3% Domestic Market 23.3% Export Market 23.2% % Variation 2020 x 2019 Total Total 6.5% Domestic Market 6.4% Export Market 7.2% Source: Euca
Slide 6: Operating Data
Operating Data Net Revenue Period 2019 2020 Variation Quarter R$ 397.5 million R$ 572.9 million 32.8% Year R$ 1,525.8 million R$ 1,797.6 million 17.8% Distribution by Product - 4Q20 Distribution by Segment - 4Q20 Eucatex has a diversified portfolio of products and operates in several segments, contr
Slide 7: Wood Segment
Wood Segment Net Revenue Period 2019 2020 Variation Quarter R$ 287.7 million R$ 384.6 million 33.7% Year R$ 1,125.6 million R$ 1,268.2 million 12.7% Total Market (‘000 m³) – Domestic + Export Markets 8,478.1 7,959.6 1.1% -7.5% 23.3% 6.5% 2019 2020 Source: Eucatex Estimate Market 7
Slide 8: Wood Segment
Wood Segment Installed Capacity Utilization - 4Q20 Breakdown of Costs - 4Q20 All Panels Panels with Resin Panels without Resin (Fiberboard) 8
Slide 9: Paint Segment
Paint Segment Market – million gallons Net Revenue Var. 4Q20 vs. 4Q19 Period 2019 2020 Var. Eucatex 21.9% Market 13.0% Quarter R$ 85.0 million R$ 115.6 million 36.0% Var. 2020 vs. 2019 Year R$ 303.4 million R$ 403.5 million 33.0% Eucatex 23.9% Market 5.1% Source: Eucatex Breakdown of Costs - 4Q20 In
Slide 10: Financial Highlights
Financial Highlights Net Revenue (R$ mm) Gross Profit and SG&A and Recurring EBITDA and Recurring Net Income Gross Margin SG&A / Net Revenue Recurring EBITDA Margin 32.8% 38.0% 21.9% 44.3% 79.5% 17.8% 30.6% 17.7% 24.1% 24.9% 1,797.6 31,6% 94.8 28,5% 17.5% 17.5% 20.0% 19.0% 75.9 567,8 315.0 359.4 434
Slide 11: Debt
Debt Debt (R$ million) 2020 9M20 Var. (%) 2019 Var. (%) Short-Term Debt 274.5 320.6 -14.4% 240.2 14.3% Long-Term Debt 231.7 199.1 16.3% 193.0 20.0% Gross Debt 506.2 519.7 -2.6% 433.2 16.9% Cash and Cash Equivalents 85.2 79.4 7.4% 18.5 361.7% Net Debt 420.9 440.3 -4.4% 414.7 1.5% % Short-Term Debt 54
Slide 12: Investments
Investments Investments Made Planned for 2021 R$175.9 million 12
Slide 13: Forest Sustainability
Forest Sustainability 94 farms Average radius with eucalyptus plantations, Botucatu Botucatu totaling Salto MDP Fiberboard 52,100 hectares 150 km 56 km 43 km New Planted Forests and Sprouting Management (ha) 13
Slide 14: 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
Eucatex S.A. Indústria e Comércio — 4Q20 Earnings Presentation on 6ix