Corporate Presentation 4th Quarter 2015 Highlights Over 50% - - PowerPoint PPT Presentation

Corporate Presentation 4th Quarter 2015

Highlights

Over 50% increase in exports volume in 2015 compared to 2014

Payment of 50% of 2015 financial year adjusted Net Profits 2015 EBITDA Margin of 17,7% compared to 17,0% in 2014 Temporary shutdown of activities in Itapetininga plant

Exports Capacity Utilization

Dividends Deca

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Consolidated Financial Highlights

Consolidated Net Revenues (R$ million) % Foreign Market over Total Net Revenue

2

Consolidated Financial Highlights

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Brazil’s Wood Panel Market

In ‘000 m3

MDF Market MDP Market

Annual Effective Capacity: 5.170 Annual Effective Capacity: 4.030

• 8,9%
• 19,9%
• 21,7%
• 14,9%

7,9%

• 18,6%

4

Operational Highlights

Wood

Installed Capacity and Occupancy Rate in the Quarter

• 5,4%
• 20%
• 10,4%

Shipments (in ‘000 m3)

5

Financial Highlights

Wood

Net Revenue (R$ million) and Gross Margin (%) Recuring EBITDA (R$ million) and EBITDA Margin (%)

• 8,1%

29,9%

• 14,7%
• 1,7%
• 14,1%
• 40,9%
• 17,8%

27,3% 23,5% 30,5% 25,9% 31,9% 23,6% 22,1% 27,4% 22,9%

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Building Material Industry

Source: Brazilian Building Material Industry Association

ABRAMAT INDEX – INTERNAL MARKET

Measures growth in revenue of building materials in the internal market, relative performance to the same period in the previous year

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Operational Highlights

Installed Capacity and Occupancy Rate in the Quarter Shipments (in ‘000 items)

Deca

* Includes1.215k items from Corona *

• 10,9%

+4,9%

• 2,3%

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Financial Highlights

17,6% 31,6% 28,5% 30,6% 31,4% 11,0% 18,3% 14,3% 17,0% 17,7%

• 8,8%

+7,2% +1,7%

• 28,3%

+39,9% +6,1%

Deca

Net Revenue (R$ million) and Gross Margin (%) Recuring EBITDA (R$ million) and EBITDA Margin (%)

9

Consolidated CAPEX and Main Investments

In R$ million

3.234

635,8 832,2 601,5 607,9 556,2

Main Projects in 2015

Corona Acquisition CAETEX: R$ 10 MM Investment/year Foreign Investments: R$ 28,2MM

10

Indebtedness

Amortization Schedule (R$ M) Debt Origin(%)

* 100% Hedge

11

Strategic Positioning

+105,9% +104,7%

Priorities: 2007 to 2014

Increase of capacity through expansion and acquisition Integration Duratex and Satipel Acquisition of 6 companies in this period with integration of the acquired companies Geographical and product diversification Corporate Governance Consolidation Increase of Market Share Customer Service

Capacity Evolution

Internal Agenda CAPEX prioritized in sustaining and productivity Expansion in adjacent sectors of civil construction (M&A) Production capacity adjustment to demand Corona integration: capture synergy Hydra/Corona

• Improvement in logistic
• Duratex Management System
• Zero Based Budget
• Improvement in Working Capital

Our focus in 2016

Significant increase in exports

DECA (in `000 items)

2007 2008 2009 2010 2011 2012 2013* 2014 2015

Metals

14.400 15.600 15.800 15.800 17.000 18.200 24.600 25.800 25.800

Sanitary Ware

3.800 6.200 7.200 7.200 9.800 9.800 12.250 12.250 11.460

TOTAL

18.200 21.800 23.000 23.000 26.800 28.000 36.850 38.050 37.260 WOOD (in `000 m³)

2007 2008 2009 2010 2011 2012 2013* 2014 2015

MDF

553 850 1.530 1.530 1.530 1.600 2.100 2.100 2.100

MDP

1.275 1.620 1.620 1.620 1.620 1.670 1.870 1.870 1.870

Hardboard

195 195 195 195 195 195 195 195 195

TOTAL

2.023 2.665 3.345 3.345 3.345 3.465 4.165 4.165 4.165

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Disclaimer

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The information contained herein was prepared by Duratex S.A. and does not constitute an offering material, to subscribe for or purchase any of the Company’s securities. This material also brings general information about Duratex S.A. and its markets. No representation or warranty, express or implied, is made concerning, and no reliance should be placed on, the accuracy, fairness or completeness of the information presented herein. The Company can give no assurance that expectations disclosed in this presentation will be confirmed. February 2016

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