Eucatex S.a. Industria E Comercio · BMFBOVESPA:EUCA3
Eucatex S.a. Industria E Comercio — 1Q24 Earnings Presentation
21 slides from Eucatex S.a. Industria E Comercio's earnings presentation, 2024
Slide 1: Earnings Release 1Q24
Earnings Release 1Q24 q LY 5 ouucatex @ ene
Slide 2: Indices – Operating Segments
Indices – Operating Segments
Slide 3: Construction segment – ABRAMAT Index
Construction segment ABRAMAT Index - Domestic market (Construction Material Industry) Source: ABRAMAT 3
Slide 4: Construction segment – ABRAFATI Index
Construction segment ABRAFATI Index Architectural Paints Market Source: ABRAFATI 4
Slide 5: Panels – Flooring market (IBÁ)
Panels Flooring market (IBÁ) 5 Source: IBÁ – Laminated Flooring Report
Slide 6: 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 % Quarterly Variation Total Total 13.8% Domestic Market 8.3% Export Market 57.1% Source: Eucatex estimate 6
Slide 7: Operating performance
Operating performance e eucatex @- Gintihtr
Slide 8: Operating performance
Operating performance Net operating revenue (R$ million) Breakdown of NOR by segment 1Q24 -5.5% 8
Slide 9: Net operating revenue (R$ million)
Net operating revenue (R$ million) Furniture industry and resale segment Construction segment 1Q24 -12.1% 4.0% 9
Slide 10: Export segment
Export segment Net operating revenue (R$ million) Breakdown of NOR by segment 1Q24 -15.9% 10
Slide 11: Financial performance
Financial performance e eucatex @ aimarha
Slide 12: Financial highlights
Financial highlights Gross profit and SG&A and Recurring EBITDA and Net revenue (R$ million) Gross margin SG&A / Net Revenue recurring EBITDA margin Recurring net income -5.5% -3.2% 8.5 % -7.6% -30.9% 12
Slide 13: Debt
Debt Debt (R$ Million) 1Q24 2023 Var. (%) Short-Term Debt 323.4 309.3 4.5% Long-Term Debt 411.6 407.5 1.0% Gross Debt 735.0 716.8 2.5% Cash and Cash Equivalents 139.7 130.3 7.2% Net Debt 595.2 586.5 1.5% % Short-Term Debt 44% 43% 1 p.p. Net Debt/Recurring EBITDA 1.1 1.1 2.4% Debt profile by maturity
Slide 14: Investments in working capital and financial cycle
Investments in working capital and financial cycle Financial Cycle 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 1Q24 Net Revenue (R$ Million) 597.8 600.9 672.8 639.1 678.6 651.3 684.7 663.1 641.0 Trade Accounts Receivable 501.6 503.3 525.5 505.3 576.8 591.9 581.2 579.0 595.5 Inventories 471.9 537.7 566.6
Slide 15: Investments
Investments Investments made Planned for 2024 R$268.0 million Investments made in 1Q24 R$74.5 million 15
Slide 16: Governance and Sustainability
Governance and Sustainability
Slide 17: Corporate governance
Corporate governance Two independent members on the Board of Directors Creation of Audit, Ethics, and People Management & Governance Committees Won in 2023 the Anefac (National Association of Executives) Trophy for Transparency in Financial Statements Outsourced and Independent Complaints Channel Ch
Slide 18: Forest Sustainability
Forest Sustainability 137 farms with eucalyptus plantations, Average radius totaling Botucatu Botucatu Salto 45,400 hectares, of which 37,100 MDP Fiberboard hectares 137 km 33 Km 56 Km actually planted Newly planted forests and sprouting management (ha) 100% 18
Slide 19: Sustainability – Recycling
Sustainability – Recycling Ensuring sustainability and the possibility of launching new projects Total recycling processing capacity New recycling operation at the Botucatu Equivalent Fiberboard unit with Ton/Year Trees Forests estimated initial capacity of 24,000 tons/year 240,000 ton 2 million/yea
Slide 20: eucatex
e eucatex @ aimarha
Slide 21: José Antonio G. de Carvalho
José Antonio G. de Carvalho Executive Vice President and IRO Sergio Henrique Ribeiro Controller Tatiana Pinho Investor Relations Coordinator ri@eucatex.com.br 55 (11) 3049-2473
Eucatex S.A. Indústria e Comércio — 1Q24 Earnings Presentation on 6ix