Eucatex S.a. Industria E Comercio · BMFBOVESPA:EUCA3
Eucatex S.a. Industria E Comercio — Q3 2020 Earnings Presentation
16 slides from Eucatex S.a. Industria E Comercio's earnings presentation, November 2020
Slide 1: Earnings Release 3Q20
Earnings Release 3Q20
Slide 2: Eucatex Group Overview
Eucatex Group Overview About Eucatex Competitive Advantages Founded in 1951 with Serraria Americana, in São Paulo/SP Innovation, creativity and differentiation First Brazilian company to use eucalyptus to make wood hardboards and panels. Environmental Responsibility: Green Label (FSC) for all produc
Slide 3: Eucatex vs. COVID-19
Eucatex vs. COVID-19 Internal Measures - Preventive Actions Information and Awareness Physical Distancing Sanitization of Environments Risk Monitoring Personal Hygiene Control of Cases Progress of Confirmed Cases On November 9, with the information and documented follow-up of the Company's medical c
Slide 4: Financial and Operating Performance
Financial and Operating Performance
Slide 5: Construction
Construction ABRAMAT Index - Domestic Market From 2013 to 9M20, the index declined 32.4%. Source: ABRAMAT 5
Slide 6: Evolution of Supply and Demand in Domestic Panels Market - Quarter
Evolution of Supply and Demand in Domestic Panels Market - Quarter Effective Installed Capacity (Fiberboard + MDF + MDP) vs. Production % Variation 3Q20 x 3Q19 Total Total 19.8% Domestic Market 20.9% Export Market 12.7% Source: Eucatex estimate 6
Slide 7: Operating Data
Operating Data Net Revenue 3Q19 3Q20 Var 9M19 9M20 Var R$398.7 million R$531.4 million 33.3% R$1,128.3 million R$1,269.7 million 12.5% Distribution by Product - 3Q20 Distribution by Segment - 3Q20 Eucatex has a diversified portfolio of products and operates in several segments, which drove its signi
Slide 8: Wood Segment
Wood Segment Net Revenue 3Q19 3Q20 Var R$287.8 million R$377.1 million 31.0% 9M19 9M20 Var R$837.9 million R$883.6 million 5.5% Total Market (‘000 m³) – Domestic + Export Markets 8.7% -10.6% 19.8% 0.8% Source: Eucatex estimate Market 8
Slide 9: Wood Segment
Wood Segment Installed Capacity Utilization - 3Q20 Breakdown of Costs - 3Q20 All Panels Resin Panels Non-Resin Panels (Fiberboard) 9
Slide 10: Paint Segment
Paint Segment Market - Million Gallons Net Revenue Variation 3Q20 x 3Q19 3Q19 3Q20 Var Eucatex 48.0% R$81.6 million R$126.0 million 54.4% Market 24.3% 9M19 9M20 Var Variation 9M20 x 9M19 Eucatex 24.7% R$218.4 million R$287.9 million 31.8% Market 1.7% Source: Eucatex Breakdown of Costs - 3Q20 Install
Slide 11: Financial Highlights
Financial Highlights Net Revenue (R$ million) Gross Profit and SG&A and Recurring EBITDA and Recurring Net Income Gross Margin SG&A / Net Revenue Recurring EBITDA Margin 33.3% 55.8% 30.0% 57.0% 172.0% 531,4 398,7 3T19 3T20 12.5% 27.6% 15.0% 16.8% 1.0% 1.269,7 1.128,3 9M19 9M20 11
Slide 12: Debt
Debt Debt (R$ Million) 9M20 1H20 Var. (%) 9M19 Var. (%) Short Term Debt 320.6 298.9 7.3% 268.7 19.3% Long Term Debt 199.1 190.8 4.4% 176.3 12.9% Gross Debt 519.7 489.6 6.1% 445.1 16.8% Cash and Cash Equivalents 79.4 24.7 221.0% 18.9 321.0% Net Debt 440.3 464.9 -5.3% 426.2 3.3% % Short Term Debt 62%
Slide 13: Investments
Investments Investments Made Planned for 2020 R$136.5 million 13
Slide 14: Acquisition of Press for MDP production unit in Botucatu/SP
Acquisition of Press for MDP production unit in Botucatu/SP Acquisition of Siempelkamp Press Investment: R$15 million Startup: April 5, 2021 14
Slide 15: Sustainability - Forestry
Sustainability - Forestry 88 farms Average Radius with eucalyptus plantations, Botucatu Botucatu totaling Salto MDP Fiberboard 51,900 hectares 116 km 44 Km 51 Km Newly Planted Forests and Seedling Management (ha) 15
Slide 16: 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 — Q3 2020 Earnings Presentation on 6ix