Eucatex S.a. Industria E Comercio · BMFBOVESPA:EUCA3
Eucatex S.a. Industria E Comercio — Eucatex — Q3 2022 Earnings Presentation
16 slides from Eucatex S.a. Industria E Comercio's earnings presentation, 2022
Slide 1: Earnings Release 3Q22
v eucatex ” Earnings Release 3Q22
Slide 2: 70 years of Success
70 years of Success 2021 1951-1975 1993-1996 1998 2002-2007 2008 - 2018 onwards > Eucatex > Company starts > Investments > Increase in > Inauguration of > Sale of founded on product made to make production THDF/MDF Plant porcelain flooring November 23 diversification the Company capacity of the in S
Slide 3: Eucatex Porcelain Flooring
Eucatex Porcelain Flooring Purpose: To enter the cold finishing segment by marketing the porcelain flooring line and expanding the solution/style options for finishings for commercial and residential environments. Distribution: Initially in the state of São Paulo. In 2023, it will expand to othe
Slide 4: Eucatex Porcelain Flooring
Eucatex Porcelain Flooring Metalli Line Cementi Line Bronzo Pattern – Satin – AC (61 x 120 cm) Arizona White Pattern – Satin – AC (81 x 81 cm) 4
Slide 5: Eucatex Porcelain Flooring
Eucatex Porcelain Flooring Marmi Line Legno Line Cristalo Grigio – Polished - PL and Cristalo Beige – Magnólia Bétula Pattern – Tracer – TR (20 x 120 cm) Polished – PL Patterns (80 x 80 cm) 5
Slide 6: Construction
Construction ABRAMAT Index - Domestic Market From 2013 to 9M22, the index has dropped 28.8%. Source: ABRAMAT 6
Slide 7: 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 3Q22 vs. 3Q21 Total Total -9.9% Domestic Market -11.9% Export Market 5.6% % Variation 9M22 vs. 9M21 Total Total -9.7% Domestic Market -14.7% Export Marke
Slide 8: Operating Data
Operating Data Net Revenue Period 2021 2022 Var Quarter R$654.0 million R$672.8 million 2.9% 9 Months R$1,739.8 million R$1,871.6 million 7.6% Distribution by Product - 3Q22 Distribution by Segment - 3Q22 Eucatex has a diversified portfolio of products and operates in several segments, contributing
Slide 9: Wood Segment
Wood Segment Total Volume (‘000 m³) – Domestic + Export Markets Net Revenue Eucatex (Base 100) Market Period 2021 2022 Var Quarter R$518.1 million R$505.8 million -2.4% -9.5% -9.9% 9 Months R$1,399.2 million R$1,444.6 million 3.2% -5.5% -9.7% 9 Source: Eucatex estimate
Slide 10: Wood Segment
Wood Segment Installed Capacity Utilization - 3Q22 Breakdown of Costs - 3Q22 All Panels Resin Panels Non-Resin Panels (Fiberboard) 10
Slide 11: Paint Segment
Paint Segment Installed Capacity Utilization Breakdown of Costs - 3Q22 Net Revenue Period 2021 2022 Var Quarter R$125.7 million R$143.7 million 14.3% 9 Months R$319.3 million R$394.0 million 23.4% Total Capacity – 36 million gallons / year Total Volume – million gallons Eucatex (Base 100) Market -
Slide 12: Financial Highlights
Financial Highlights Net Revenue (R$ million) Gross Profit and SG&A and Recurring EBITDA and Recurring Net Income Gross Margin SG&A / Net Revenue Recurring EBITDA Margin 2.9% -14.7% 8.3 % -17.1% -31.9% 7.6% -4.0% 10.1% -10.7% -22.1% 12
Slide 13: Debt
Debt Debt (R$ Million) 9M22 1H22 Var. (%) 2021 Var. (%) Short-Term Debt 260.3 246.8 5.5% 230.5 12.9% Long-Term Debt 361.9 306.6 18.1% 291.4 24.2% Gross Debt 622.2 553.3 12.4% 521.9 19.2% Cash and Cash Equivalents 129.4 67.9 90.7% 141.1 -8.3% Net Debt 492.8 485.5 1.5% 380.8 29.4% % Short-Term Debt 42
Slide 14: Investments
Investments Investments Made Planned for 2022 R$248.0 million 14
Slide 15: Forest Sustainability
Forest Sustainability 119 farms Average Radius with eucalyptus plantations, Botucatu Botucatu totaling Salto MDP Fiberboard 34,600 hectares 132 km 36 Km 73 Km actually planted Newly Planted Forests and Sprouting Management (ha) 15
Slide 16: 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