Eucatex S.a. Industria E Comercio · BMFBOVESPA:EUCA3

Eucatex S.a. Industria E Comercio — Q3 2013 Earnings Presentation

17 slides from Eucatex S.a. Industria E Comercio's earnings presentation, Nov 7, 2013

  1. Slide 1: 3Q13 Results

    3Q13 Results November 7, 2013

  2. Slide 2: 3Q13 General Highlights

    Eucatex Group 3Q13 General Highlights Net Revenue – R$ 292.9 million, up 17.5% Recurring EBITDA – R$ 60.7 million, up 22.9% EBITDA Margin – 20.7%, up 0.9 p.p. Net Income – R$ 35.1 million, up 45.1% 2

  3. Slide 3: Operating Data – Net Revenue

    Operating Data – Net Revenue By Product By Segment Other Export Laminated 2% Market Flooring MDP Retail 7% 13% 22% 11% Furniture Industry Paints and 39% Varnishes 21% T-HDF/MDF 22% Construction Fiberboard 43% 20% 3

  4. Slide 4: Construction – ABRAMAT Outlook for 2013

    Construction ABRAMAT Outlook for 2013  Growth of 2.5% in 2013 and 4.0% to 5.0% in 2014.  Growth above GDP;  Upturn in real estate market;  71% of companies in the sector will maintain their investment plans for 2014; and  Still positive indicators: Real Wage Bill and Free Credit to Individuals.

  5. Slide 5: Minha Casa Minha Vida Housing Program

    MINHA CASA MINHA VIDA Housing Program  Target of 3.75 million houses by 2014  Household income of up to R$ 5,000.00  2.8 million houses contracted and investments of R$ 177.5 billion – 75% of the target met  1st Phase – 1 million houses  2nd Phase – 1.7 million houses 45% of Contracted Houses h

  6. Slide 6: Furniture Industry

    Furniture Industry Effective Installed Capacity (Fiberboard + MDF + MDP) X Production GDP Estimate (Focus market readout) 2013 – 2.5% 2014 – 2.13% 8,787 8,386 7,969 7,033 6,382 6,560 6,042 83% 5,100 5,300 81% 77% 79% 82% 82% 81% 84% 78% 2005 2006 2007 2008 2009 2010 2011 2012 2013 through September

  7. Slide 7: Minha Casa Melhor Program

    MINHA CASA MELHOR Program  Launched in June 2013 Initial list of items that could be purchased  Target: 3.75 million families MAX. RETAIL FURNITURE  Credit card with limit of R$ 5,000.00 for Purchases of PRICE Furniture and Home Appliances Wardrobe R$ 380.00  Potential Financed Volume – R$ 18.7

  8. Slide 8: Fiberboard

    139 118 120 130 Fiberboard 114 110 106 Total Market ('000 m³) 104 100 100 94.1 94.1 Net Revenue 3Q12 3Q13 Var R$ 50.2 million R$ 57.6 million 14.8% 1T06 1T07 1T08 1T09 1T10 3Q12 3Q13 Source: ABIPA Eucatex Mercado Market Installed Capacity Utilization Breakdown of Costs Thermal Power 7% Depreciation

  9. Slide 9: T-HDF / MDF

    139 118 120 130 T-HDF / MDF 114 110 T-HDF + MDF Market 106 ('000 104 m³) 100 100 1,014.9 944.1 Net Revenue 3Q12 3Q13 Var R$ 49.1 million R$ 63.2 million 28.8% 1T06 1T07 1T08 1T09 1T10 3Q12 3Q13 Source: ABIPA Installed Capacity Utilization Eucatex Mercado Market Breakdown of Costs Thermal Power Elect

  10. Slide 10: MDP

    MDP 139 130 120 118 114 110 Market ('000106 m³) 104 100 100 814.5 795.6 Net Revenue 3Q12 3Q13 Var R$ 57.8 million R$ 64.0 million 10.6% 1T06 1T07 1T08 1T09 1T10 3Q12 3Q13 Installed Capacity Utilization Source: ABIPA Eucatex Mercado Market Breakdown of Costs Thermal Electricity Power Labor 4% Depreci

  11. Slide 11: Laminated Flooring

    139 120 Laminated Flooring 130 118 114 110 Market ('000 106m²) 104 100 100 4,035.4 Net Revenue 3,350.8 3Q12 3Q13 Var R$ 33.2 million R$ 39.1 million 17.6% 1T06 1T07 1T08 1T09 1T10 3Q12 3Q13 Installed Capacity Utilization Source: ABIPLAR Eucatex Mercado Market Breakdown of Costs Labor Electricity 3%

  12. Slide 12: Paints and Varnishes

    139 120 Paints 130 and Varnishes 118 114 110 Market – million106 gallons 104 100 100 287.8 298.0 Net Revenue 3Q12 3Q13 Var R$ 54.3 million R$ 62.5 million 15.0% 1T06 1T07 1T08 1T09 1T10 3Q12 3Q13 Installed Capacity Utilization Source: Eucatex Eucatex Mercado Market Breakdown of Costs Labor Electrici

  13. Slide 13: Financial Data

    Financial Data Highlights (R$ million) 3Q13 V.A. % 3Q12 V.A. % Var. (%) 9M13 V.A. % 9M12 V.A. % Var. (%) Net Revenue 292.9 100.0% 249.2 100.0% 17.5% 825.1 100.0% 698.7 100.0% 18.1% Fair value of biological assets 10.6 3.6% 9.7 3.9% -8.7% 32.9 4.0% 31.9 4.6% -3.1% Cost of products sold (206.0) -70.3%

  14. Slide 14: Debt

    Debt Debt (R$ Million) 9M13 9M12 Var. (%) 2012 Var. (%) Short Term Debt 137.5 132.0 4.1% 146.9 -6.4% Long Term Debt 129.4 135.8 -4.7% 126.9 2.0% Gross Debt 266.9 267.8 -0.3% 273.8 -2.5% Cash and Cash Equivalents 12.1 7.3 65.9% 6.9 74.9% Net Debt 254.8 260.5 -2.2% 266.9 -4.5% % Short Term Debt 52% 49

  15. Slide 15: Capex

    Capex Capex in 3Q13 R$ 27.2 million Ancillary equipment for T-HDF/MDF Sustainability - Production Sustainability Forests 49% Sustainability - Forests 51% Capex for 2013 R$ 100 million 15

  16. Slide 16: Sustainability – Forests and Recycling

    Sustainability – Forests and Recycling Average Radius Total Processing Capacity - Recycling 74 farms with eucalyptus Equivalent to Salto Botucatu Ton/Year plantations totaling Trees Forests 45,800 hectares 161 km 31 Km 240,000 ton 2 million / year 1,500 hectares Volume Processed (ton) - Recycling Ne

  17. Slide 17: IR Contacts

    IR Contacts José Antonio G. de Carvalho Executive VP and IRO Sergio Henrique Ribeiro Controller Waneska Bandeira Investor Relations (55 11) 3049-2473 ri@eucatex.com.br www.eucatex.com.br/ri

Eucatex S.A. Indústria e Comércio — Q3 2013 Earnings Presentation on 6ix