Earnings Results
3Q24
RECURRING NET | CONSOLIDATED NET | ||||
INCOME | REVENUE | ||||
R$ Million | |||||
Lucro Líq. Ajustado e Recorrente - LD | |||||
225Celulose | 184 | 2.239 | |||
152 | 58 | 1.769 | 11% | ||
125 | 57 | 13% | 24% | ||
125 | 22% | ||||
25 | 95 | ||||
65% | 65% | ||||
-75 | 3Q23 | 3Q24 | 3Q23 | 3Q24 | |
ADJUSTED AND | |||||||||
RECURRING EBITDA | |||||||||
PRO FORMA | |||||||||
Margin | 16.3% | 20.5% | |||||||
676 | |||||||||
Tiles | 600 | 461 | 8% | ||||||
32% | |||||||||
1% | |||||||||
Metals and San. Ware | 37% | ||||||||
400 | |||||||||
LD Celulose | 200 | 62% | 60% | ||||||
Wood | 0 | ||||||||
3Q23 | 3Q24 | ||||||||
CASH FLOW
R$ Million / %
-8%
FCL Sustaining
Working Capital
CCR Cash Convertion Ratio
57% | 49% |
163 | |
127 | 226 |
13 | |
3Q23 | 3Q24 |
FINANCIAL LEVERAGE
Net Debt/ Adjusted and Recurring EBITDA LTM
R$ Million / x
4,706 | 4,922 | 5,224 | |
4,336 | |||
3,3x | 3,5x | ||
3,5x | 3,1x | ||
3Q23 4Q23 1Q24 2Q24
CAPEX | |||||
R$ Million | |||||
5,215 | Investments | 3Q23 | 3Q24 | 9M23 | 9M24 |
FORESTRY | 102 | 107 | 256 | 432 | |
3,1x | OPEX | ||||
MAINTENANCE | 81 | 69 | 209 | 170 | |
CAPEX | 183 | 176 | 465 | 601 | |
Sustaining¹ | |||||
PROJECTS2,3 | 193 | 139 | 504 | 413 | |
3Q24 | 1. Business maintenance and support |
- 3Q24 Projects: R$ 102.6 million for modernization and manufacturing efficiency; Other Projects: R$ 35.9 million.
- 9M24 Projects: Quarterly accumulated, DX Ventures, and Casa Dexco.
VOLUME | 000 m3 | EBITDA*/MARGIN | R$ MM | |||
+24% | +42% | |||
833 | ||||
674 | ||||
24.9% | 27.9% | |||
3Q23 | 3Q24 | 3Q23 | 3Q24 | |
SALES SEGMENTATION | % | 99% | |||
1% | ||||
Furniture Industry | ||||
12% | ||||
Resale | ||||
47% | Foreign Market | |||
40% | ||||
Civil Construction/ | ||||
Others | ||||
SALES SEGMENTATION | % | 1 | |||
72% | ||||
5% |
15% | Retail | |
38% | Specialized Stores | |
Civil Construction | ||
13% | ||
Home Center | ||
29% | Foreign Market/ Others | |
VOLUME | 000 pieces EBITDA*/MARGIN | R$ MM
+19% 5,474
4,608
+19% | 52 | ||
-2.3% | 9.7% | ||
(9) | |||
3Q23 | 3Q24 | 3Q23 | 3Q24 |
Capacity Utilization
1 - Not including effects of shower capacity.
EBITDA | R$ MM | NET INCOME | R$ MM | ||
+25.2% | 443 | ||
354 | |||
119 | |||
61.3% | 60.5% | 117 | |
3Q23 | 3Q24 | 3Q23 | 3Q24 |
RESULT REGARDING 100% OF
THE OPERATION
SALES SEGMENTATION | %
66%
10% | Specialized Stores | |
Civil Construction | ||
12% | 41% | |
Home Center | ||
17% | Foreign Market/ Others | |
20% | Retail |
VOLUME | 000 m2 | EBITDA*/MARGIN | R$ MM | |||
+18% | ||||
11 | -97% | |||
0 | ||||
0.2% | ||||
4.7% | ||||
3Q23 | 3Q24 | 3Q23 | 3Q24 |
*Adjusted and Recurring
Av. Paulista 1938 - ZIP CODE 01310-200, Consolação - São Paulo/ SP | https://ri.dex.co/ investidores@dex.co |