Eucatex S.a. Industria E Comercio · BMFBOVESPA:EUCA3
Eucatex S.a. Industria E Comercio — Eucatex — 4Q21 Earnings Presentation
12 slides from Eucatex S.a. Industria E Comercio's earnings presentation, 2022
Slide 1: Earnings Release 4Q21
v eucatex ” Earnings Release 4021
Slide 2: Construction: ABRAMAT Index Domestic Market
Construction ABRAMAT Index Domestic Market The index has declined 22.9% from 2013 to 2021. Source: ABRAMAT 2
Slide 3: 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 4Q21 x 4Q20 Total Total -3.0% Domestic Market -2.0% Export Market -9.3% % Variation 2021 x 2020 Total Total 13.2% Domestic Market 15.1% Export Market 1.4% % Variatio
Slide 4: Operating Data
Operating Data Net Revenue Period 2020 2021 Var Quarter R$ 527.9 million R$ 709.6 million 34.4% Year R$ 1,797.6 million R$ 2,449.4 million 36.3% Distribution by Product - 4Q21 Distribution by Segment - 4Q21 Exports 22% Furniture Sector 30% Retail 12% Construction 36% Eucatex has a diversified portfo
Slide 5: Wood Segment
Wood Segment Total Market (‘000 m³) – Domestic + Export Markets Net Revenue Eucatex (Base 100) Market Period 2020 2021 Var 171 161 Quarter R$ 412.9 million R$ 516.3 million 27.7% 6.3% Year R$ 1,367.4 million R$ 1,939.5 million 41.8% -3.0% 4Q20 4T20 4T21 4Q21 Laminated MDP Flooring 16% 17% 166 154 T-
Slide 6: Wood Segment
Wood Segment Installed Capacity Utilization - 4Q21 Breakdown of Costs - 4Q21 All Panels Resin Panels Non-Resin Panels (Fiberboard) Thermal Thermal Power Electricity Power Thermal 5% Depreciation Labor 7% 3% Depreciation Power 6% 7% 5% 8% Electricity Electricity Depreciation 16% 11% 6% Labor Wood Woo
Slide 7: Paint Segment
Paint Segment Installed Capacity Utilization Breakdown of Costs - 4Q21 Net Revenue Labor Electricity 5% 0% Other Costs Period 2020 2021 Var 4% 62% Packaging Depreciation Quarter R$ 115.6 million R$ 122.2 million 5.7% 1% 4T21 4Q21 16% Year R$ 403.5 million R$ 441.5 million 9.4% Total Capacity – 36
Slide 8: 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 34.4% 53.7% 6.3% 32.9% 276.0% 36.3% 53.4% 14.9% 55.5% 300.2% 8
Slide 9: Debt
Debt Debt Profile by Maturity in 2021 Debt Profile by Currency in 2021 Short Term Long 44% Term 56% 9
Slide 10: Investments
Investments Investments Made R$ 206.8 million R$ 153.5 million Total Forestry Total Forestry R$ 83.5 million R$ 122.3 million 2020 2021 Panels Factories 65.5 77.6 Paints 4.5 7.8 Forestry 68.3 98.0 Leasing 15.2 24.3 Planned for 2022 R$ 248.0 million 10
Slide 11: Forest sustainability
Forest sustainability 111 farms Average Radius with eucalyptus plantations, Botucatu Botucatu totaling Salto MDP Fiberboard 43,700 hectares 158 km 82 Km 122 Km of effective planting New Planted Forests and Sprouting Management (ha) 11
Slide 12: 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