Earnings Release 2Q20 HIGHLIGHTS OF 2Q20 Adjusted EBITDA of R$ - - PowerPoint PPT Presentation

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Oct 09, 2022 112 likes •248 views

Earnings Release 2Q20 HIGHLIGHTS OF 2Q20 Adjusted EBITDA of R$ 55.6 million in 2Q20 with a growth of 19.1% in relation to 2Q19 Company held a public Offer made with Migration to the Funds needed for the offering of shares, raising Novo

SLIDE 1

Earnings Release 2Q20

SLIDE 2

Adjusted EBITDA of R$ 55.6 million in 2Q20 with a growth

f 19.1% in relation to 2Q19

HIGHLIGHTS OF 2Q20

Offer made with Migration to the

Novo Mercado within 6

months Funds needed for the expansion plan:

R$ 1.2 billion

Company held a public

ffering of shares, raising

R$ 405 million Net Operating revenue

+ 7.2% in relation to 2Q19

Net debt/Adjusted EBITDA

2.94 x

24.4% in relation to

2Q19 Investments in 2Q20

Note: The Economic, Financial and Operational information reflects the exclusion of the discontinued operation.

Pro forma Net debt/Adjusted EBITDA

2.16 x

R$ 241.1 million R$ 14.1 million

SLIDE 3

RESULTS 2Q20 Net Revenue and % of exports [R$ million] Net profit (loss)

[R$ million]

224,846 240,984

+7.2%

3.253

15,298 46,701 55,601

+19.1%

Adjusted EBITDA and Margin

[R$ million] 20.8% 23.1%

2Q19 2Q20 2Q19 2Q20 2Q19 2Q20

23.7% 26.8%

SLIDE 4

RESULTS 2Q20 Sales Volume

33,351 33,187

0.5%

871,540 843,514

3.2%

[metric ton]

70,051 70,187

+0.2%

1,694,827 1,637,964

3.4%

[thousand m²]

Average Prices

4,290 4,403

+2.6% [R$/metric ton]

2,035 2,073

+1.9% [R$/thousand m²] 2Q19 2Q20 2Q19 2Q20 2Q19 2Q20 Irani ABPO Irani

Corrugated Containerboard Packaging

SLIDE 5

RESULTS 2Q20

Paper for Packaging

8,387 16,680 22,608 20,851

2Q19 2Q20 30,995 37,531

+21.1%

Total sales

[metric ton]

Average Prices

[R$/metric ton] 2,260 2,381 3,819 3,961

2Q19 2Q20

+3.7% +5.4%

Containerboard Paper for sacks

SLIDE 6

RESULTS 2Q20

RS Forests and Resins

Sale of Gum Rosin and Turpentine

[metric ton]

3,956 3,942 2Q19 2Q20

0.4%

Average Prices of Gum Rosin

[R$/ metric ton]

3,863 4,541 2Q19 2Q20

+17.6%

Average Prices of Turpentine

[R$/metric ton]

17,196 10,345

2Q19 2Q20

39.8%

SLIDE 7

280.4 285.3 310.4 495.8 608.8 777.0 769.3 727.6 692.7 728.3 719.2 678.7 15.2 83.4 97.9 137.7 168.1 145.4 198.1 85.7 132.2 110.0 98.6 108.2 331.2 368.7 408.3 633.5 776.8 922.4 967.3 813.3 825.0 838.3 817.8 786.9 3.04 2.58 2.69 3.61 3.97 4.29 5.88 4.32 3.12 3.40 3.31 2.94 2.28 2.38 2.16

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 1Q20 2Q20

The average cost of debt was 6.86% per annum

Cash balance [R$ million] Net Debt [R$ million] Gross Debt [R$ million] Net Debt/Adjusted EBITDA (x) Pro forma Net Debt/Adjusted EBITDA (x)

Indebtedness and Net Debt/EBITDA

National currency 94% Foreign currency 6%

Gross Debt Profile

Long-term debt 72% Short-term debt 28%

INDEBTEDNESS

SLIDE 8

Investment Committee Executive Committee

Expansion of Chemical and Utility Recovery Henrique Zugman Project Owner Edemar Gab Project Manager Expansion of the Packaging Unit - SC Lindomar Lima Project Owner Patric Schurhaus Project Manager Paper Machine #2 Reform Henrique Zugman Project Owner Silvio Warken Project Manager Repowering CGH São Luiz Henrique Zugman Project Owner Ruy Michel Project Manager Repowering CGH Cristo Rei Henrique Zugman Project Owner Ruy Michel Project Manager

Management Team
Strategic Projects Manager
Planning and Controlling Manager
Supplies Manager
Finance Manager

Monthly Meetings

Business Officers
Strategic Projects Manager
Planning and Controlling Manager
Supplies Manager
Health, Safety, Quality and Sustainability Manager

Weekly Meetings

Project Owner: Ensure the necessary resources for the planning, execution, control and results of the project. Project Manager: Responsible for the planning, execution, control and monitoring of the project in relation to the managerial, technical and financial aspects. HGP: Hydropower Generation Plant Notes:

Governance Framework - Strategic Projects

SLIDE 9

Governance Framework - Strategic Projects Matrix interface

Executive Committee

Project 1

Project Manager

Project 2

Project Manager

Project 3

Project Manager

Project (...)

Investment Committee

Project team PMO - Project Management Office

PMO ¹ Supplies Legal Department Health and Safety Area (...)

SLIDE 10

INVESTOR RELATIONS TEAM

Odivan Cargnin

Chief Financial and Investor Relations Officer

Evandro Zabott

Accounting and Investor Relations Manager

Marcos Souza

Finance Manager

Alex Sandro Gabrieli

Accounting and Investor Relations Coordinator

Mariciane Brugneroto

Investor Relations Analyst

Emanuel Trevisol

Financial Analyst

SLIDE 11

DISCLAIMER

This presentation may contain certain affirmations and statements expressing beliefs and trends related to Irani Papel e Embalagem S.A. (“Irani” or "Company") and its subsidiaries, which reflect the current views and/or expectations of Irani and its management regarding its businesses and future events that, although considered reasonable by the Company based on public information, may be incorrect or inaccurate or may not occur. This is because a number of important factors may cause actual results to be materially different from the plans, objectives and expectations expressed herein, many of which are beyond the Company's control. The statements and information on the trends reported herein are not performance

guarantees. This presentation does not

constitute the offer of materials for the subscription or purchase of Company’s securities.

SLIDE 12

Investor Relations