Eucatex S.a. Industria E Comercio · BMFBOVESPA:EUCA3
Eucatex S.a. Industria E Comercio — Q3 2021 Earnings Presentation
14 slides from Eucatex S.a. Industria E Comercio's earnings presentation
Slide 1: Earnings Release 3Q21
Earnings Release 3Q21
Slide 2: 70 Years of Success
70 Years of Success 2002-2007 2008 - 1998 • Production • T-HDF/MDF Plant 1993-1996 • Investments to make capacity at MDP inaugurated in Salto in the Company more panels plant 2010 • Company starts new competitive expanded to • Laminated flooring 1951-1975 phase of diversifying its products • Moderni
Slide 3: Financial and Operating Performance
Financial and Operating Performance
Slide 4: Construction
Construction ABRAMAT Index - Domestic Market From 2013 to 1H21, the index dropped 11.2%. Source: ABRAMAT 4
Slide 5: 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 3Q21 x 3Q20 Total Total -4.6% Domestic Market -4.5% Export Market -5.7% % Variation 9M21 x 9M20 Total Total 19.9% Domestic Market 22.4% Export Market 5.5
Slide 6: Operating Data
Operating Data Net Revenue Period 2020 2021 Var Quarter R$531.4 million R$654.0 million 23.1% 9M R$1,269.7 million R$1,739.8 million 37.0% Distribution by Product - 3Q21 Distribution by Segment - 3Q21 Eucatex has a diversified portfolio of products and operates in several segments, contributing with
Slide 7: Wood Segment
Wood Segment Net Revenue Period 2020 2021 Var Quarter R$404.4 million R$516.3 million 27.7% 9M R$971.0 million R$1,418.2 million 46.0% Total Market (‘000 m³) – Domestic + Export Markets 2.4% 9.0% 4.6% 19.9% Source: Eucatex estimate Market 7
Slide 8: Wood Segment
Wood Segment Installed Capacity Utilization - 3Q21 Breakdown of Costs - 3Q21 All Panels Resin Panels Non-Resin Panels (Fiberboard) 8
Slide 9: Paint Segment
Paint Segment Market - Million Gallons Net Revenue Variation 3Q21 x 3Q20 Period 2020 2021 Var Eucatex -18.5% Market -4.3% Quarter R$126.0 million R$125.7 million -0.2% Variation 9M21 x 9M20 9M R$287.9 million R$193.6 million 19.6% Eucatex -5.5% Market 15.4% Breakdown of Costs - 3Q21 Source: Eucatex
Slide 10: Financial Highlights
Financial Highlights Net Revenue (R$ million) Gross Profit and SG&A and Recurring EBITDA and Recurring Net Income Gross Margin SG&A / Net Revenue Recurring EBITDA Margin 23.1% 28.0% 1.4% 27.4% 61.2% 37.0% 53.5% 17.4% 62.7% 182.5% 10
Slide 11: Debt
Debt Debt (R$ Million) 9M21 2020 Var. (%) 9M20 Var. (%) Short-Term Debt 211.6 274.5 -22.9% 320.6 -34.0% Long-Term Debt 275.9 231.7 19.1% 199.1 38.5% Gross Debt 487.5 506.2 -3.7% 519.7 -6.2% Cash and Cash Equivalents 111.1 85.2 30.3% 79.4 39.9% Net Debt 376.4 420.9 -10.6% 440.3 -14.5% % Short-Term De
Slide 12: Investments
Investments Investments Made Planned for 2021 R$175.9 million 12
Slide 13: Sustainability - Forestry
Sustainability - Forestry 114 farms Average Radius with eucalyptus plantations, Botucatu Botucatu totaling Salto MDP Fiberboard 60,200 hectares 129 km 71 Km 143 Km Newly Planted Forests and Seedling Management (ha) 13
Slide 14: 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 — Q3 2021 Earnings Presentation on 6ix