- Sales volume and net revenues decreased in 3Q14 compared to the previous year due to production inefficiencies from machines being shut down earlier in the year by the Ministry of Labor. Cost of goods sold also increased, leading to lower EBITDA and a net loss for the quarter.
- For the year-to-date period, sales volume and net revenues were down compared to the same period last year due to the production issues experienced in the second quarter. Costs were higher, resulting in lower EBITDA and net income for 2014 so far.
- The company expects production and financial performance to continue recovering as operations stabilize following the shutdown earlier in the year.
Whirlpool Corporation reported record third quarter earnings in 2013. Earnings per share increased significantly compared to the previous year. Whirlpool also raised its full-year guidance for earnings per share, ongoing business operations earnings per share, and free cash flow. Margin expansion continued across all regions due to sales growth, ongoing cost productivity initiatives, and cost and capacity reduction efforts.
Margarine Market 18 Leading Companies Reviewed Comprehensively In A New ReportMark Johns
Margarine Market 18 Leading Companies have been Reviewed providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information.
This document provides an earnings release and financial highlights for a Brazilian pharmaceutical company for the fourth quarter and full year 2014. Key points include:
- Consolidated EBITDA rose 9.6% to R$87.3 million in 2014, with an EBITDA margin of 2.2% versus 2013.
- Sales increased in the pharmaceutical distribution, specialties, and retail divisions. The retail division benefited from sales growth and store expansion at Drogasmil and Tamoio pharmacies.
- Net losses widened in 2014 due to higher financial expenses, though operating results improved across divisions.
- The company remains focused on acquisitions and integrating companies onto its SAP platform to drive synergies.
World: Margarine And Shortening - Market Report. Analysis And Forecast To 2025IndexBox Marketing
IndexBox has just published its report: "World: Margarine And Shortening - Market Report. Analysis And Forecast To 2025". The report provides an in-depth analysis of the global margarine market. It presents the latest data of the market value, consumption, domestic production, exports and imports, price dynamics and food balance. The report shows the sales data, allowing you to identify the key drivers and restraints. You can find here a strategic analysis of key factors influencing the market. Forecasts illustrate how the market will be transformed in the medium term. Profiles of the leading producers are also included.
- Sales volume decreased 9.5% year-over-year in 1Q2015. Net revenue increased 3.3% compared to 1Q2014 due to price realignments, though it decreased 2.4% from 4Q2014 due to lower sales volume.
- Adjusted EBITDA increased 54.1% year-over-year in 1Q2015 and 60% from 4Q2014 primarily from improved results at the Statesville plant and favorable USD exchange rates.
- Net debt grew 12.9% from 4Q2014 mainly due to foreign exchange translation effects on dollar-denominated financing, though the company did not take on new financing. Total debt increased 27.5% year-
O documento resume uma apresentação para investidores sobre a Companhia, seu setor e desempenho no 3T10. Apresenta detalhes sobre a estrutura societária e física da Companhia, além de destacar o crescimento de volumes e receitas, melhoria de margens e aumento do lucro líquido no período.
- As vendas e receita da Companhia aumentaram no segundo trimestre de 2015 em comparação com o mesmo período do ano anterior. Entretanto, o lucro líquido foi negativamente impactado por impostos diferidos.
- A dívida líquida aumentou devido à desvalorização do Real frente ao dólar, mas reduziu em relação ao primeiro trimestre.
- A oferta pública de aquisição da controladora Avintiv pela CVM foi aprovada, e a Companhia pode se tornar subsidiária indireta da Berry Plastics após uma
Whirlpool Corporation reported record third quarter earnings in 2013. Earnings per share increased significantly compared to the previous year. Whirlpool also raised its full-year guidance for earnings per share, ongoing business operations earnings per share, and free cash flow. Margin expansion continued across all regions due to sales growth, ongoing cost productivity initiatives, and cost and capacity reduction efforts.
Margarine Market 18 Leading Companies Reviewed Comprehensively In A New ReportMark Johns
Margarine Market 18 Leading Companies have been Reviewed providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information.
This document provides an earnings release and financial highlights for a Brazilian pharmaceutical company for the fourth quarter and full year 2014. Key points include:
- Consolidated EBITDA rose 9.6% to R$87.3 million in 2014, with an EBITDA margin of 2.2% versus 2013.
- Sales increased in the pharmaceutical distribution, specialties, and retail divisions. The retail division benefited from sales growth and store expansion at Drogasmil and Tamoio pharmacies.
- Net losses widened in 2014 due to higher financial expenses, though operating results improved across divisions.
- The company remains focused on acquisitions and integrating companies onto its SAP platform to drive synergies.
World: Margarine And Shortening - Market Report. Analysis And Forecast To 2025IndexBox Marketing
IndexBox has just published its report: "World: Margarine And Shortening - Market Report. Analysis And Forecast To 2025". The report provides an in-depth analysis of the global margarine market. It presents the latest data of the market value, consumption, domestic production, exports and imports, price dynamics and food balance. The report shows the sales data, allowing you to identify the key drivers and restraints. You can find here a strategic analysis of key factors influencing the market. Forecasts illustrate how the market will be transformed in the medium term. Profiles of the leading producers are also included.
- Sales volume decreased 9.5% year-over-year in 1Q2015. Net revenue increased 3.3% compared to 1Q2014 due to price realignments, though it decreased 2.4% from 4Q2014 due to lower sales volume.
- Adjusted EBITDA increased 54.1% year-over-year in 1Q2015 and 60% from 4Q2014 primarily from improved results at the Statesville plant and favorable USD exchange rates.
- Net debt grew 12.9% from 4Q2014 mainly due to foreign exchange translation effects on dollar-denominated financing, though the company did not take on new financing. Total debt increased 27.5% year-
O documento resume uma apresentação para investidores sobre a Companhia, seu setor e desempenho no 3T10. Apresenta detalhes sobre a estrutura societária e física da Companhia, além de destacar o crescimento de volumes e receitas, melhoria de margens e aumento do lucro líquido no período.
- As vendas e receita da Companhia aumentaram no segundo trimestre de 2015 em comparação com o mesmo período do ano anterior. Entretanto, o lucro líquido foi negativamente impactado por impostos diferidos.
- A dívida líquida aumentou devido à desvalorização do Real frente ao dólar, mas reduziu em relação ao primeiro trimestre.
- A oferta pública de aquisição da controladora Avintiv pela CVM foi aprovada, e a Companhia pode se tornar subsidiária indireta da Berry Plastics após uma
No primeiro trimestre de 2015, a Companhia Providência teve uma redução de 9,5% no volume de vendas, porém registrou um aumento de 3,3% na receita líquida devido ao realinhamento de preços. O EBITDA Ajustado cresceu 54,1% impulsionado pela melhor performance da planta de Statesville, enquanto a dívida líquida aumentou 33,6% principalmente pela desvalorização do Real frente ao Dólar.
A apresentação discute: 1) a Companhia Providência, sua estrutura organizacional e física; 2) os resultados do 2T15, incluindo aumento nas vendas, receita e EBITDA; 3) a responsabilidade socioambiental da companhia, incluindo programas de reciclagem e preservação ambiental.
O relatório apresenta os resultados financeiros da Companhia Providência no 4T de 2014, com destaque para queda de 7,5% no volume de vendas, aumento de 2,5% na receita líquida devido à desvalorização do Real, e prejuízo líquido de R$ 16,9 milhões impactado por maiores custos e despesas financeiras. A dívida líquida aumentou 19,6% em relação ao ano anterior.
During the second quarter of 2014, Companhia Providência faced significant challenges including a partial shutdown of production lines at its São José dos Pinhais facility from April 1st to July 4th due to regulatory compliance issues. This resulted in a 25.9% reduction in sales volume compared to the same period in 2013. Net revenue decreased 15.2% to R$163.8 million due to lower sales. Adjusted EBITDA declined sharply by 77.5% to R$7.2 million. The company reported a net loss of R$45.4 million, which was impacted by non-recurring expenses related to the sale of its controlling stake to Polymer Group Inc., which was completed on June
Providência reported a 20.2% increase in sales volume in 4Q13 compared to the previous year, driven by increased capacity from a new production line. Net revenue increased 42.2% due to higher sales, while adjusted EBITDA grew slightly by 2.5%. Net debt increased 11.2% from currency effects on US dollar financing. The company also paid out interim dividends totaling the first half net income. In January 2014, the controlling shareholders entered an agreement to sell the company to PGI Polímeros do Brasil S.A. and Polymer Group, Inc.
The document provides an overview of a company's 4Q07 operational highlights, 2008 outlook, and 4Q07 financial results. Some key points:
- The company completed investments in new machinery and concluded an acquisition in 4Q07.
- For 2008, the company expects expanded production volumes, new product development, and efficiency improvements.
- In 4Q07, the company saw increased sales volumes and revenue compared to prior periods. EBITDA was up but net profit declined due to one-time costs.
- By segment, the nonwoven business grew volumes, revenue and profits while the pipes business saw lower volumes but offset it with price increases.
Providência reported a 20.2% increase in sales volume in 4Q13 compared to the previous year, driven by the startup of a new production line. Net revenue increased 42.2% due to higher sales, while adjusted EBITDA grew 2.5%. Net debt rose 11.2% due to currency effects on US dollar debt. The company also paid out interim dividends totaling 100% of the first half adjusted dividend base. Finally, the controlling shareholders entered an agreement to sell the company to PGI Polímeros do Brasil S.A. and Polymer Group, Inc. for a price of R$9.75 per share.
The document reports financial results for Providência USA for 4Q 2011 and full year 2011. Some key highlights include:
- Sales volume grew 11.7% in 2011 to 87.7 thousand tons, with 14% growth in 4Q11 to 23 thousand tons.
- Net revenue grew 16.2% in 2011 to R$526.6 million and 22.5% in 4Q11 to R$142 million, driven by increased sales volume.
- Adjusted EBITDA grew 2.2% in 4Q11 to R$29.1 million, with EBITDA margins of 20.5% for the year and 23% for 4Q11.
Providência USA reported record results for 4Q12 and 2012. Net revenue grew 7.6% in 4Q12 and 15.6% for 2012. Adjusted EBITDA reached a record R$127.0 million for 2012, a 24.4% increase over 2011. Net income totaled R$45.1 million for 2012, a 53.0% increase. The company proposes distributing dividends of R$53.1 million, subject to shareholder approval. For 2013, the company aims to reach full capacity at its second production line in the US and expand total capacity to 140,000 tons per year.
1. Sales volume grew 9.1% year-over-year to 29.4 thousand tons while net revenue increased 31.8% to R$211.7 million due to higher sales.
2. Adjusted EBITDA rose 11.8% to R$38.8 million compared to the previous year.
3. Net debt increased 11.2% to R$507.6 million mainly due to currency translation effects on US dollar denominated financing.
1. Providência USA unveiled its 13th production line at its North Carolina facility, doubling plant capacity to meet demand for hygiene products.
2. The company reported a 16.8% increase in sales volume and 15.2% increase in net revenue in 1Q13 compared to the same period in 2012. Earnings before interest, taxes, depreciation, and amortization (EBITDA) declined 10.8% due to costs associated with new production lines.
3. The annual shareholders' meeting approved dividends of R$53.1 million for fiscal year 2012, totaling 100% of the dividend calculation base.
Providência USA reported strong financial results in 3Q13, with sales volume up 20.5% and net revenue increasing 26.6% compared to 3Q12. Adjusted EBITDA rose 11% over 3Q12 to R$40.1 million, while net income improved 21% to R$10 million. Net debt increased 9.9% to R$495.1 million due to currency fluctuations impacting US dollar debt. The company approved an interim dividend of R$17.9 million, equal to 100% of the first half adjusted dividend base. Looking ahead, Providência aims to increase production of higher value added products at its newly expanded US facility.
The document summarizes the company's 2Q08 operational highlights and financial results. Some key points:
- Sales volume increased 31.3% over 2Q07 driven by growth in the nonwovens division from expanded capacity from acquisitions.
- Gross revenue increased 25.7% over 2Q07 and EBITDA reached R$30.9 million, a 17.5% increase over 2Q07, driven by higher sales volumes.
- Net income totaled R$103.7 million in 2Q08, up 34.4% over 2Q07, principally due to increased sales and full capacity utilization of new assets.
- EBITDA grew 10% due to higher domestic nonwovens sales and lower costs of goods sold, though severe winter weather abroad and maintenance issues impacted growth. Sales volumes expanded, particularly for nonwovens, while PVC production was affected by maintenance.
- Administrative expenses increased due to acquisition-related costs and restructuring expenses. Higher financial expenses from acquisition debt contributed to a net loss.
- The successful IPO will reduce debt levels and position the company for future growth through acquisitions and new production lines.
Providência USA reported financial results for the first quarter of 2011. Key highlights included a 7.1% increase in sales volume compared to the same period in 2010. The company's first production line in the United States contributed 492 tons sold in 1Q11, in line with forecasts. Net revenue increased 10.2% year-over-year due to higher sales volume domestically and production starting in the US. EBITDA declined 2.7% versus 1Q10 reflecting start-up costs for the US line and higher raw material prices. The company forecasts increased sales volume in 2011 and full capacity utilization of its US production line by early second half.
- The principal highlight in the quarter was the successful ramping up of production from the company's 13th nonwovens line, exceeding expectations and adding 20 thousand tons of annual capacity.
- Sales volume totaled 30.5 thousand tons, a 24.1% growth over the same period in 2012. Net revenue was R$193.1 million, a 27.9% increase over 2Q12.
- Net income for the period was R$8.2 million, 5.0% more than 2Q12 and 63.0% higher than 1Q13. The company also paid out an additional R$33.8 million in dividends.
The document summarizes Providência USA's 2Q13 results. Highlights include the ramp up of production from their 13th production line exceeding expectations, concluding dividend payouts of R$33.8 million approved in April 2013, sales volume growth of 24.1% compared to 2Q12, and net income growth of 5.0% compared to 2Q12. Key financial metrics like net revenue, costs, EBITDA, and net income are also summarized. The outlook expects increased capacity utilization and sales growth as installed capacity reaches 140,000 tons/year by year-end.
- Sales volumes increased 2.4% compared to the prior year quarter while margins improved. Net revenue was up 13.3% driven by sales volume and exchange rates.
- EBITDA grew 21.1% over the previous quarter to R$30.1 million due to margin recovery and lower financial expenses. Net income increased 98.3% compared to last quarter.
- The outlook for the fourth quarter remains positive with expectations for continued full production capacity and stable raw material prices supporting maintained margins. The US plant investment remains on track.
Providência USA reported financial results for the fourth quarter of 2010. Highlights included starting operations at the company's first US plant in January 2011, and plans to expand with two new production lines totaling 40,000 tons per year. Net income for 2010 was R$23.8 million, and the company paid interim dividends of R$11.1 million in November 2010. For 2011, forecasts call for increased sales volume and fully utilizing the capacity of the new US production line by early second half.
Este documento resume uma reunião com investidores sobre os resultados do segundo trimestre de 2010 da Companhia Providência. Apresenta informações sobre a estrutura societária e organizacional da companhia, os destaques do trimestre incluindo o financiamento para a nova planta nos EUA, os resultados financeiros com crescimento de vendas e lucros, e as perspectivas positivas para o futuro.
- The company saw a resumption of production in the third quarter after equipment shutdowns in April and May due to government orders, but financial performance was still affected by the stoppage and costs increased.
- Sales volume decreased 7.1% year-over-year due to inefficiencies from bringing production back online. Net revenue also decreased 4.0% due to lower output.
- While costs increased due to startup costs, the company aims to reduce costs going forward and performance was impacted by one-time costs not expected to continue.
The document is a presentation by Companhia Providência discussing its business. It provides an overview of the company, its sector, highlights from 2Q15 results including increased sales volume and revenue year-over-year. It also discusses the company's environmental responsibility initiatives and notes that regulatory approval has been received for a tender offer to acquire the company's shares and delist it, as its parent company Avintiv will be acquired by Berry Plastics Group.
No primeiro trimestre de 2015, a Companhia Providência teve uma redução de 9,5% no volume de vendas, porém registrou um aumento de 3,3% na receita líquida devido ao realinhamento de preços. O EBITDA Ajustado cresceu 54,1% impulsionado pela melhor performance da planta de Statesville, enquanto a dívida líquida aumentou 33,6% principalmente pela desvalorização do Real frente ao Dólar.
A apresentação discute: 1) a Companhia Providência, sua estrutura organizacional e física; 2) os resultados do 2T15, incluindo aumento nas vendas, receita e EBITDA; 3) a responsabilidade socioambiental da companhia, incluindo programas de reciclagem e preservação ambiental.
O relatório apresenta os resultados financeiros da Companhia Providência no 4T de 2014, com destaque para queda de 7,5% no volume de vendas, aumento de 2,5% na receita líquida devido à desvalorização do Real, e prejuízo líquido de R$ 16,9 milhões impactado por maiores custos e despesas financeiras. A dívida líquida aumentou 19,6% em relação ao ano anterior.
During the second quarter of 2014, Companhia Providência faced significant challenges including a partial shutdown of production lines at its São José dos Pinhais facility from April 1st to July 4th due to regulatory compliance issues. This resulted in a 25.9% reduction in sales volume compared to the same period in 2013. Net revenue decreased 15.2% to R$163.8 million due to lower sales. Adjusted EBITDA declined sharply by 77.5% to R$7.2 million. The company reported a net loss of R$45.4 million, which was impacted by non-recurring expenses related to the sale of its controlling stake to Polymer Group Inc., which was completed on June
Providência reported a 20.2% increase in sales volume in 4Q13 compared to the previous year, driven by increased capacity from a new production line. Net revenue increased 42.2% due to higher sales, while adjusted EBITDA grew slightly by 2.5%. Net debt increased 11.2% from currency effects on US dollar financing. The company also paid out interim dividends totaling the first half net income. In January 2014, the controlling shareholders entered an agreement to sell the company to PGI Polímeros do Brasil S.A. and Polymer Group, Inc.
The document provides an overview of a company's 4Q07 operational highlights, 2008 outlook, and 4Q07 financial results. Some key points:
- The company completed investments in new machinery and concluded an acquisition in 4Q07.
- For 2008, the company expects expanded production volumes, new product development, and efficiency improvements.
- In 4Q07, the company saw increased sales volumes and revenue compared to prior periods. EBITDA was up but net profit declined due to one-time costs.
- By segment, the nonwoven business grew volumes, revenue and profits while the pipes business saw lower volumes but offset it with price increases.
Providência reported a 20.2% increase in sales volume in 4Q13 compared to the previous year, driven by the startup of a new production line. Net revenue increased 42.2% due to higher sales, while adjusted EBITDA grew 2.5%. Net debt rose 11.2% due to currency effects on US dollar debt. The company also paid out interim dividends totaling 100% of the first half adjusted dividend base. Finally, the controlling shareholders entered an agreement to sell the company to PGI Polímeros do Brasil S.A. and Polymer Group, Inc. for a price of R$9.75 per share.
The document reports financial results for Providência USA for 4Q 2011 and full year 2011. Some key highlights include:
- Sales volume grew 11.7% in 2011 to 87.7 thousand tons, with 14% growth in 4Q11 to 23 thousand tons.
- Net revenue grew 16.2% in 2011 to R$526.6 million and 22.5% in 4Q11 to R$142 million, driven by increased sales volume.
- Adjusted EBITDA grew 2.2% in 4Q11 to R$29.1 million, with EBITDA margins of 20.5% for the year and 23% for 4Q11.
Providência USA reported record results for 4Q12 and 2012. Net revenue grew 7.6% in 4Q12 and 15.6% for 2012. Adjusted EBITDA reached a record R$127.0 million for 2012, a 24.4% increase over 2011. Net income totaled R$45.1 million for 2012, a 53.0% increase. The company proposes distributing dividends of R$53.1 million, subject to shareholder approval. For 2013, the company aims to reach full capacity at its second production line in the US and expand total capacity to 140,000 tons per year.
1. Sales volume grew 9.1% year-over-year to 29.4 thousand tons while net revenue increased 31.8% to R$211.7 million due to higher sales.
2. Adjusted EBITDA rose 11.8% to R$38.8 million compared to the previous year.
3. Net debt increased 11.2% to R$507.6 million mainly due to currency translation effects on US dollar denominated financing.
1. Providência USA unveiled its 13th production line at its North Carolina facility, doubling plant capacity to meet demand for hygiene products.
2. The company reported a 16.8% increase in sales volume and 15.2% increase in net revenue in 1Q13 compared to the same period in 2012. Earnings before interest, taxes, depreciation, and amortization (EBITDA) declined 10.8% due to costs associated with new production lines.
3. The annual shareholders' meeting approved dividends of R$53.1 million for fiscal year 2012, totaling 100% of the dividend calculation base.
Providência USA reported strong financial results in 3Q13, with sales volume up 20.5% and net revenue increasing 26.6% compared to 3Q12. Adjusted EBITDA rose 11% over 3Q12 to R$40.1 million, while net income improved 21% to R$10 million. Net debt increased 9.9% to R$495.1 million due to currency fluctuations impacting US dollar debt. The company approved an interim dividend of R$17.9 million, equal to 100% of the first half adjusted dividend base. Looking ahead, Providência aims to increase production of higher value added products at its newly expanded US facility.
The document summarizes the company's 2Q08 operational highlights and financial results. Some key points:
- Sales volume increased 31.3% over 2Q07 driven by growth in the nonwovens division from expanded capacity from acquisitions.
- Gross revenue increased 25.7% over 2Q07 and EBITDA reached R$30.9 million, a 17.5% increase over 2Q07, driven by higher sales volumes.
- Net income totaled R$103.7 million in 2Q08, up 34.4% over 2Q07, principally due to increased sales and full capacity utilization of new assets.
- EBITDA grew 10% due to higher domestic nonwovens sales and lower costs of goods sold, though severe winter weather abroad and maintenance issues impacted growth. Sales volumes expanded, particularly for nonwovens, while PVC production was affected by maintenance.
- Administrative expenses increased due to acquisition-related costs and restructuring expenses. Higher financial expenses from acquisition debt contributed to a net loss.
- The successful IPO will reduce debt levels and position the company for future growth through acquisitions and new production lines.
Providência USA reported financial results for the first quarter of 2011. Key highlights included a 7.1% increase in sales volume compared to the same period in 2010. The company's first production line in the United States contributed 492 tons sold in 1Q11, in line with forecasts. Net revenue increased 10.2% year-over-year due to higher sales volume domestically and production starting in the US. EBITDA declined 2.7% versus 1Q10 reflecting start-up costs for the US line and higher raw material prices. The company forecasts increased sales volume in 2011 and full capacity utilization of its US production line by early second half.
- The principal highlight in the quarter was the successful ramping up of production from the company's 13th nonwovens line, exceeding expectations and adding 20 thousand tons of annual capacity.
- Sales volume totaled 30.5 thousand tons, a 24.1% growth over the same period in 2012. Net revenue was R$193.1 million, a 27.9% increase over 2Q12.
- Net income for the period was R$8.2 million, 5.0% more than 2Q12 and 63.0% higher than 1Q13. The company also paid out an additional R$33.8 million in dividends.
The document summarizes Providência USA's 2Q13 results. Highlights include the ramp up of production from their 13th production line exceeding expectations, concluding dividend payouts of R$33.8 million approved in April 2013, sales volume growth of 24.1% compared to 2Q12, and net income growth of 5.0% compared to 2Q12. Key financial metrics like net revenue, costs, EBITDA, and net income are also summarized. The outlook expects increased capacity utilization and sales growth as installed capacity reaches 140,000 tons/year by year-end.
- Sales volumes increased 2.4% compared to the prior year quarter while margins improved. Net revenue was up 13.3% driven by sales volume and exchange rates.
- EBITDA grew 21.1% over the previous quarter to R$30.1 million due to margin recovery and lower financial expenses. Net income increased 98.3% compared to last quarter.
- The outlook for the fourth quarter remains positive with expectations for continued full production capacity and stable raw material prices supporting maintained margins. The US plant investment remains on track.
Providência USA reported financial results for the fourth quarter of 2010. Highlights included starting operations at the company's first US plant in January 2011, and plans to expand with two new production lines totaling 40,000 tons per year. Net income for 2010 was R$23.8 million, and the company paid interim dividends of R$11.1 million in November 2010. For 2011, forecasts call for increased sales volume and fully utilizing the capacity of the new US production line by early second half.
Este documento resume uma reunião com investidores sobre os resultados do segundo trimestre de 2010 da Companhia Providência. Apresenta informações sobre a estrutura societária e organizacional da companhia, os destaques do trimestre incluindo o financiamento para a nova planta nos EUA, os resultados financeiros com crescimento de vendas e lucros, e as perspectivas positivas para o futuro.
- The company saw a resumption of production in the third quarter after equipment shutdowns in April and May due to government orders, but financial performance was still affected by the stoppage and costs increased.
- Sales volume decreased 7.1% year-over-year due to inefficiencies from bringing production back online. Net revenue also decreased 4.0% due to lower output.
- While costs increased due to startup costs, the company aims to reduce costs going forward and performance was impacted by one-time costs not expected to continue.
The document is a presentation by Companhia Providência discussing its business. It provides an overview of the company, its sector, highlights from 2Q15 results including increased sales volume and revenue year-over-year. It also discusses the company's environmental responsibility initiatives and notes that regulatory approval has been received for a tender offer to acquire the company's shares and delist it, as its parent company Avintiv will be acquired by Berry Plastics Group.
http://parker.com/aboutus - Parker continues to push the bounds of what is possible by collaborating with researchers to develop innovations that can have a meaningful impact on people’s lives.
The innovative filtration system shown on the cover of this report utilizes several Parker technologies and represents a promising advancement in fighting cancer. The device supports a treatment designed to enhance the body’s ability to use its own immune system to attack cancer cells. This treatment could provide a nontoxic alternative to improve the lives of both early and late-stage cancer patients.
The examples throughout this report showcase what can be done when we apply our technology and engineering expertise to help solve some of the world’s greatest engineering challenges. Today, Parker is uniquely positioned to partner on innovations that matter to people by advancing health care and improving the quality of life.
Download at this link
http://www.parker.com/parkerimages/Parker.com/About%20Us/Literature/Parker%20Annual%20Report%20Final%20WEB%2019Sept2014.pdf
Vivimed Labs Limited presented its earnings for Q3 FY2015. Net sales increased 2.7% year-over-year to Rs. 3,447 million. EBITDA grew 12.4% to Rs. 603 million, with margins expanding 152 basis points to 17.5%. Net profit increased 8.3% to Rs. 206 million, with margins up 31 basis points to 6.0%. Segment performance was mixed, with the specialty chemicals segment flat on net sales but higher margins of 24.5%, and the healthcare segment grew net sales 2.9% with a 6.4% margin. Going forward, the company will focus on new product launches, market expansion, and capitalizing on a
This survey compiled responses from 552 European Chamber member companies and was produced in partnership with Roland Berger Strategy Consultants. European Chamber members are knowledge leaders in their areas of industry, and are the chief contributors to the Chamber's influential publications.
Remanufacturing: the Future of Sustainability by SpinnakerPaul Adamson
Remanufacturing is the key to global economic competitiveness. A nation’s ability to create global product demand, employ people, and conserve resources is paramount to long-term stability.
This document contains a presentation by TIM Brasil from November 2014. It includes an agenda covering topics such as the macroeconomic and industry overview, recent results, network evolution, regulatory updates, and business outlook. Some key points include that the macroeconomic scenario is expected to deteriorate, mobile service revenues grew 5% year-over-year despite challenges from MTR cuts and SMS declines, and data usage continues increasing as an important driver of future growth.
Sartorius' Bioprocess Solutions Division provides integrated technologies and services for the development and production of biopharmaceuticals. It has a comprehensive portfolio covering most steps of the biomanufacturing process. The division benefits from strong customer demand related to the development and production of COVID-19 vaccines and therapeutics. It generates revenue throughout the lifecycle of biopharma drugs, from early development to commercial production. Sartorius has a leading competitive position across key product areas such as filtration, fluid management, fermentation, and purification.
Bruker Corporation reported financial results for Q4 and full year 2015. In Q4, revenue declined 6% year-over-year to $478 million due to currency headwinds, while non-GAAP operating margin expanded to 17.5% and non-GAAP EPS grew 27%. For the full year, revenues declined 10% to $1.6 billion from currency impacts, while non-GAAP operating margin increased 310 basis points and non-GAAP EPS grew 19%. Bruker expects to continue margin expansion in 2016 through operational and commercial excellence initiatives.
Primark is analyzing expanding its global strategy to India. India represents an attractive market with a growing economy and low labor costs compared to China. Primark already has a manufacturing unit in India which would help lower expansion costs. The target consumer segments in India are young adults and middle youth who are increasing spending on clothing. However, expanding to India presents risks as the market is competitive with established local brands and foreign brands also looking to enter. Any expansion plan would need to consider these risks and competitive landscape.
The company reported gross revenues of R$431.1 million for 3Q14, a 0.9% decrease from the previous year. EBITDA was R$74.7 million, down 9.4% due to higher expenses and a decline in gross margin from promotional activities. Net income increased 21.7% to R$70.9 million due to a tax benefit. The outlook expects challenges to organic store expansion due to high occupancy costs and a focus on profitability, which may result in fewer openings in 2015. A new e-commerce platform will launch in October and all brands will migrate to the new platform in 2015.
SeQuent Scientific announced its Q3 FY20 financial results, with revenues up 17% to Rs. 3,164 million and EBITDA up 36.4% to Rs. 484 million. For 9M FY20, revenues were up 16% to Rs. 8,787 million and EBITDA grew 34.9% to Rs. 1,247 million. The company expects to meet its full-year guidance of high-teen revenue growth and over 200 bps expansion in EBITDA margins.
Bruker Corporation reported its Q4 and full year 2013 financial results. For Q4 2013, revenues increased 7% year-over-year to $552 million driven by 6.2% organic growth. Operating income grew 11% and non-GAAP earnings per share increased 11%. For the full year, revenues grew 3% to $1.84 billion while operating margins declined by around 100 basis points due to currency effects. The company provided guidance for 2014 of 3-4% revenue growth and 10-14% growth in non-GAAP earnings per share.
The document summarizes the 3Q14 earnings results of a Brazilian construction materials company. It reported a virtually stable consolidated net revenue of R$250.3 million but a 15.1% decrease in EBITDA to R$41.9 million and a 28.4% decrease in net income to R$20.3 million. Segment sales varied, with fiber cement increasing 7.5% while chrysotile mineral and concrete tiles decreased. The company had a net debt of R$84.5 million and distributed R$71.6 million in earnings. It operates across several Brazilian states and has market leadership in various product lines.
The document discusses 3Q15 results for an energy company. It summarizes key financial highlights including a 5.3% decrease in energy sales in the concession area, a 25.7% increase in EBITDA, and a 188.5% increase in net income. It also discusses factors influencing results such as currency variations, allowance for doubtful accounts, and non-recurring items. The document further analyzes the company's debt profile, hydrological conditions, and regulatory developments in Brazil.
- Grupo Pão de Açúcar reported strong financial results in 2Q21 and 1H21 despite challenging economic conditions due to the pandemic. Same-store sales grew 4.2% in 2Q21 and 6% in 1H21. Adjusted EBITDA increased 26.4% in 2Q21 and 23.3% in 1H21.
- GPA Brazil saw same-store sales growth of 6.6% in 2Q21 and 7.7% in 1H21 driven by strong e-commerce growth of 32% and expansion of proximity store formats. Grupo Éxito reported same-store sales growth of 7.2% in 2Q21 and 8.
Luxottica reported solid sales growth in 3Q 2014, with group sales increasing 6.8% adjusted for currency fluctuations. Wholesale sales grew 9.3% and retail comparable store sales increased 4.4%. The company saw strong profitability gains, with adjusted operating income growing 16.1% and margin increasing 120 basis points. Luxottica also generated record free cash flow of €316 million due to improved profitability and working capital management. While sales growth in Europe was modest, the company saw continued healthy momentum in North America and emerging markets.
The document summarizes trends in the pest control industry from 2013. It finds that recovery in the housing market, increased regulations in hospitality/food industries, and a rise in bed bugs are driving demand. The shift to organic pest control products will require more frequent applications. Technological advances are improving efficiency. Consolidation in the industry is occurring through acquisitions. The market is projected to grow at a rate of 2.6-4.2% annually through 2017.
- Companhia Providência's parent company rebranded to Avintiv in June 2014. Sales volume in 2Q15 increased 17.1% YoY but decreased slightly from 1Q15. Net revenue increased 35.5% YoY and 1.4% from 1Q15 due to sales recovery and price adjustments. Adjusted EBITDA increased significantly YoY but decreased 16.2% from 1Q15. The company reported a net loss due to deferred tax impacts, though operating profit was generated. Net debt increased 21% YoY mainly due to currency fluctuations. CVM approved the tender offer for sale of control to Avintiv with some adjustments. Avintiv then entered an agreement for Berry
The company reported a 2.5% increase in net revenue in 4Q14 compared to the previous year. However, costs of goods sold increased 11.8% due to higher polypropylene costs, the company's main raw material, which is linked to the US dollar. As a result, adjusted EBITDA decreased 19.9% and the company reported a net loss. Total debt increased 7.8% in 4Q14 due to the impact of real devaluation on US dollar denominated financing. The acquisition of the company by Polymer Group Inc. remains pending regulatory approval.
1) A Companhia Providência é uma fabricante brasileira de não-tecido com operações no Brasil e EUA. Apresenta seus resultados do 3T14, marcados pela retomada da produção após interdições no 2T14.
2) As vendas e receita diminuíram no 3T14 devido aos impactos da retomada, porém houve aumento no volume em relação ao 2T14. Os custos subiram com a retomada e manutenção.
3) O EBITDA caiu no 3T14 versus 3T13, mas aument
O relatório resume os resultados do 3o trimestre de 2014 da Companhia Providência, marcado pela retomada da produção após interdições no segundo trimestre, resultando em queda nas vendas e receita. Apesar do aumento no volume de vendas em relação ao trimestre anterior, os custos permaneceram elevados devido aos impactos da retomada da produção, gerando prejuízo líquido no trimestre.
No segundo trimestre de 2014, a Companhia Providência viu seu desempenho operacional e financeiro afetados significativamente pela interdição parcial de linhas de produção em uma de suas fábricas para adequação a normas de segurança. Isso resultou em queda de 25,9% no volume de vendas, 15,2% na receita líquida e prejuízo de R$45,4 milhões no trimestre. Além disso, a aquisição do controle acionário pela Polymer Group Inc. foi concluída em junho.
No segundo trimestre de 2014, a Companhia Providência teve uma queda de 25,9% no volume de vendas e 15,2% na receita líquida devido à interdição parcial de linhas de produção para adequação à norma de segurança NR-12. A empresa também teve prejuízo líquido de R$45,4 milhões no trimestre, principalmente por menores vendas e despesas com a aquisição do controle pela Polymer Group.
O documento resume os resultados financeiros da empresa no primeiro trimestre de 2014. Teve crescimento de 9,1% no volume de vendas e 31,8% na receita líquida em relação ao mesmo período do ano anterior. O EBITDA ajustado cresceu 11,8% e a dívida líquida aumentou 11,2% devido à variação cambial sobre financiamentos em dólar. No segundo trimestre, a produção deve ser 5 mil toneladas menor por conta de uma interdição parcial de linhas de produção.
O documento resume os resultados financeiros da empresa no quarto trimestre de 2013, destacando um crescimento de 20,2% nas vendas devido à nova linha de produção, aumento de 42,2% na receita líquida impulsionada pelas maiores vendas, e acréscimo de 11,2% na dívida líquida principalmente por variação cambial.
O relatório resume os resultados financeiros da empresa no quarto trimestre de 2013, destacando: 1) o aumento de 20,2% no volume de vendas devido à nova linha de produção; 2) o crescimento de 42,2% na receita líquida impulsionado pelas vendas maiores; 3) o acréscimo de 11,2% na dívida líquida principalmente por causa da variação cambial.
O resumo do documento é:
1) As vendas aumentaram 20,2% no 4T13 devido à nova linha de produção, apesar de uma pequena queda em relação ao 3T13.
2) A receita líquida cresceu 42,2% no 4T13, impulsionada pelo aumento das vendas.
3) A dívida líquida aumentou 11,2% no 4T13, principalmente devido à variação cambial sobre financiamentos em dólar.
Providência USA reported strong financial results for 3Q 2012. Sales volume increased 14.6% compared to 3Q 2011 due to new production lines. Adjusted EBITDA grew 14% to a record $36.1 million for the quarter. Net income also reached a record at $18.9 million, up 23.1% year-over-year. The company expects its expansion projects to further increase production capacity in the US and Brazil throughout 2012.
O documento resume os resultados financeiros da Providência USA no 3o trimestre de 2012, destacando: 1) Um aumento de 14,6% nas vendas em relação ao mesmo período do ano anterior; 2) O EBITDA ajustado atingiu um recorde de R$36,1 milhões, um crescimento de 14%; 3) O lucro líquido bateu recorde de R$18,9 milhões, 23,1% superior ao 3T11.
Providência USA reported increased sales volume and revenue in 2Q 2012 compared to the previous year. Net income grew over 200% year-over-year. The company's expansion projects remain on schedule, with a new production line starting in Brazil and another planned for the US by the end of the year. This will increase annual production capacity to 140,000 tons and reinforce Providência's position as a major player in the nonwovens industry.
O documento resume os resultados financeiros do 2o trimestre de 2012 de uma empresa. Teve aumento de vendas, receita líquida e lucro líquido em relação ao ano anterior. A empresa inaugurou uma nova linha de produção e continua expandindo sua capacidade produtiva.
50.000
R$ 6,00
1) O documento apresenta os resultados da Companhia Providência para o ano de 2012, destacando o crescimento da receita líquida, EBITDA e lucro líquido.
2) A companhia expandiu sua capacidade produtiva com novas fábricas no Brasil e Estados Unidos.
3) As perspectivas para 2013 são positivas com o crescimento esperado do mercado de fraldas e higiênicos.
50.000
R$ 6,00
1) O documento apresenta os resultados da Companhia Providência para o ano de 2012, destacando o crescimento da receita líquida, EBITDA e lucro líquido.
2) A empresa expandiu sua capacidade produtiva com novas fábricas no Brasil e nos EUA.
3) As perspectivas para 2013 são positivas com o aumento da demanda no setor de higiênicos e fraldas.
O documento resume os resultados financeiros da Providência no 3o trimestre de 2013, com destaque para:
1) O volume de vendas cresceu 20,5% em relação ao ano anterior e 3% em relação ao trimestre anterior;
2) A receita líquida aumentou 26,6% em relação ao ano anterior, impulsionada pelo crescimento das vendas;
3) O lucro líquido foi de R$10 milhões, 21% superior ao trimestre anterior.
5. Corporate governance structure
Companhia Providência (PRVI3) is listed on the Novo Mercado segment at BM&F Bovespa, the
highest Corporate Governance standards. Among the main practices are:
General Shareholders` Meeting
Fiscal Council
Board of Directors
Board of Executive Officers
Independent extern auditors
6. Organizational chart
CCEEOO
CFO/ IR
Finance
Commercial Office
Sales
Operations, Engineering and Technology Office
Operations
USA
Administrative
Human Resources Quality Assurance
Controller
I.R.
I.T.
Legal
Customer Service
Product
Development
Purchasing
Maintenance
Engineering
Logistics
Quality Processes
and
Manufacture
Employees in September, 2014
Total: 887
675
131
9%
81
76%
15%
São Jose dos Pinhais Pouso Alegre United States
7. Corporate structure
Companhia Providência Indústria e Comércio
ProvidenciaUSA Inc.
1963 | 1970 | 1980 | 1990 | 2000 | 2007 | 2008 | 2011 | 2012 || 22001133 || 22001144
Founded in 1963, became a pioneer in the manufacture of plastics in the South of Brazil;
Started the production of nonwovens;
IPO and acquisition of Isofilme, a nonwovens company located in Pouso Alegre (MG);
Focus on nonwovens: Sale of the division of pipes and fittings;
Start up of the first overseas factory in Statesville, North Carolina - USA;
Sale of Control to PGI Brazil and merger of Isofilme into Companhia Providência.
8. SSStttaaattteeesssvvviiilllllleee ––– NNNCCC
Plants
Installed Capacity:
40 thousand ton/year - 2 Production Lines
Area:
16.3 thousand m2 of built area on
land of 174 thousand m2
Installed Capacity : Pouso Alegre – MG
30 thousand ton/year – 2 Production Lines
Area:
São José dos Pinhais – PR
25 thousand m² of built area on
land of 210 thousand m²
Installed Capacity :
70 thousand ton/year – 9 Production Lines
Area:
72 thousand m² m² of built area on
land of 189 thousand m²
9. Most recent expansion
KAMI 13: Second line in Statesville. Doubled the capacity in the
USA.
Capacity: 20 thousand ton/year of nonwovens
Investment: USD 63 million
Additional Employees: 40
Inaugurated in March, 2013.
KAMI12: : Second line in Pouso Alegre/MG
Capacity: 20 thousand ton/year of nonwovens
Investment: USD 60 million
Additional Employees: 40
Inaugurated in June, 2012.
São José dos Pinhais – PR
In thousands of tons of nonwovens
10. Agenda
The Company
Sector
Highlights
3Q14 Results
Sale of the Company’s control
11. Uses
NNoonnwwoovveennss MMaaiinn uusseess MMaaiinn CCuussttoommeerrss
Hygienic
Baby diapers
Incontinence
Largest manufacturer
of nonwovens in
Latin America Durable
Medical
sanitary pads
Furniture and mattresses
agricultural roofing
Packaging
Surgical disposable
Medical disposable aprons
Active base of around
1,000 customers
12. B2B focus on consumer industries
Durable
SSaalleess vvoolluummee 22001133
Hygienic
GGrroossss
RReevveennuuee
20%
GGrroossss
RReevveennuuee
Medical
75%
5%
16. Hygienic Market in Brazil (2013 volume)
SShhaarree – BBaabbyy DDiiaappeerrss SShhaarree – SSaanniittaarryy ppaaddss
PG
30%
KC
26%
Hyper
16%
Other
28%
PG
28%
KC
24%
Johnson
Johnson
33%
Other
15%
SShhaarree – IInnccoonnttiinneennccee
KC
10%
Hyper
33%
Other
57%
Source : Euromonitor International
17. Penetration of baby diapers in the World
25
20
15
10
21
19
10
8 8
5
3 3
29
20
10
7 8
5
3 3
Million
5
-
China USA Brazil Japan Mexico Russia United Kingdom Germany
Source: Euromonitor International
Effective consumption Expected Average 2014 - 2018
18. Hygienic Market - USA – Global (USA – 2013)
SShhaarree – BBaabbyy DDiiaappeerrss
Private
Label
20%
PG
36%
KC
37%
Other
7%
SShhaarree – SSaanniittaarryy ppaaddss SShhaarree - IInnccoonnttiinneennccee
Private
Label
17%
PG
46%
KC
14%
Other
12%
Johnson
Johnson
11%
Other
2%
Private Label
SCA
10%
KC 31%
56%
IInn 22001133 tthheerree wwaass aann oovveerraallll ggrroowwtthh ooff 33%% iinn tthhee ssaanniittaarryy iinndduussttrryy,, aabboouutt UUSS$$22..77 bbiilllliioonn oovveerr tthhee
previous year, mainly due to emerging countries beyond the forecast average growth of 4% by 2018;
The incontinence market had the strongest growth among all categories of hygienic, 6% (2012 – 2013),
mainly in developed countries;
Brazil also excelled in the incontinence market and grew by 12% (2013 x 2012). In the same period the
United States grew by only 5%. According to the IBGE in 2012 the population over 60 years accounted
for 12%, this percentage should reach 18% by 2030;
In Latin America there will probably happen the strongest growth prospects for wipes of
6% compared to 2% at a global level. This variation is mainly due to the increase in
consumption and baby wipes and make-up removal.
Fonte: Euromonitor International
19. Agenda
The Company
Sector
Highlights
3Q14 Results
Sale of the Company’s control
20. Highlights
The third quarter saw resumption in production from machines and equipment that had been
shutdown on Ministry of Labor orders on April 1, 2014 and gradually brought back on stream
by the first week in July 2014;
During the course of the quarter, our financial performance continued to be affected by the
stoppage and reallocation of production as well as a 2.8% increase in fixed costs;
Sales Volume amounted to 29.2 thousand tons, down 7.1% ccoommppaarreedd ttoo 33QQ1133 dduuee ttoo
inefficiencies associated with the resumption of operations with certain machines and
equipment at the São José dos Pinhais plant after the lines were shut down on the orders of the
Ministry of Labor during 2Q14;
The Company posted Net Revenues of R$ 202.6 million, 4.0% less than in 3Q13, this
also reflecting the impact of lower output from manufacturing operations;
Cost of goods sold were higher by R$4.4 million due to start-up
costs and higher maintenance expense during the quarter.
21. Agenda
The Company
Sector
Highlights
3Q14 Results
Sale of the Company’s control
22. YTD Sales Volume
88.9 81.2
7.4 5.2
SSaalleess VVoolluummee ((iinn mmiilllliioonnss ooff ttoonnss))
During the quarter, the Company posted a year-on-year reduction in total sales volume of 7.1%.
Sales volume of nonwovens posted a fall of 7.3% compared with 3Q13.
Sales Volume / Quarter
31.4
22.6
29.2
2.2
2.1
81.5 76.0
YTD13 YTD14
Others Nonwovens
29.2
1.3
21.3
27.1
3Q13 2Q14 3Q14
Nonwovens Others
In relation to the 2Q14 the nonwovens volume increased 5.8 thousand tons
– 27.1% - a result of the sales recover after the machines shutdown during
the 2Q14.
23. NNeett RReevveennuuee ((iinn mmiilllliioonnss ooff RReeaaiiss))
The Company reported total net revenue of R$ 202.6 million in 3Q14, a decrease of 4.0% when
compared with 3Q13 reflecting the impact of lower output from manufacturing operations.
Net Revenue / Quarter Net Revenue YTD
577.2
R$ 6.35
R$ 7.11
R$ 6.72
R$ 7.21
R$ 6.94
564.8
YTD13 YTD14
Net Revenue
211.1
162.9
202.6
3Q13 2Q14 3Q14
Net Revenue Unitary Net Revenue Unitary Net Revenue
Increased export sales volume in 3Q14 caused a reduction in unitary
sales net revenue by 3.7% against 2Q14;
Unitary net revenues are up by 12% YTD 14 x 13.
24. Cost of Goods Sold (COGS) amounted to R$ 161.3 million in 3Q14, 2.8% higher when
Unitary COGS are 7.4% lower than 2Q14, as consequence of an increased sales volume of 5.8
COGS YTD
CCOOGGSS - CCoosstt ooff GGooooddss SSoolldd ((iinn mmiilllliioonnss ooff RReeaaiiss))
R$ 4.66
R$ 5.62
compared to the R$ 156.9 million reported in 3Q13;
COGS / Quarter
R$ 4.99
R$ 5.97
R$ 5.53
thousand tons.
413.9
456.8
YTD13 YTD14
COGS Unitary COGS (R$)
156.9
135.0
161.3
3Q13 2Q14 3Q14
COGS Unitary COGS (R$)
25. 98.0
EBITDA YTD
40.1
EBITDA / Quarter
16.9%
5.5%
EEBBIITTDDAA ((iinn mmiilllliioonn ooff RReeaaiiss)) aanndd EEBBIITTDDAA MMaarrggiinn((%%))
EBITDA in 3Q14 amounted to R$ 15.8 million, a reduction of 60.6% when compared to the R$
40.1 million registered in 3Q13. For the same item in 2Q14 there was an increase of R$ 8.6
million.
.19.0%
4.4%
7.8%
51.9
YTD13 YTD14
EBITDA
7.2
15.8
3Q13 2Q14 3Q14
EBITDA EBITDA Margin (%) Ebitda Margin (%)
3Q14 EBITDA was still impacted by production inefficiencies post-NR12 and
by certain costs recognized during the quarter that are not expected to
continue.
26. NNeett LLoossss (in millions of Reais) and NNeett MMaarrggiinn ((%%))
The Company reported a net loss of R$ 7.9 million, principally due to the lower comparative
output and sales volumes, combined with the higher costs.
Net Income (Loss) / Quarter
10.0
4.7%
-27.9%
-3.9%
(45.4)
(7.9)
3Q13 2Q14 3Q14
Net income Net Margin (%)
27. NNeett DDeebbtt ((iinn mmiilllliioonn ooff RReeaaiiss)
Consolidated Net Debt
In R$ (MM) 3Q13 2Q14 3Q14 Ch. 3Q14 / 3Q13
Short Term 51,4 1 14,6 1 41,6 175,2%
Long Term 523,6 4 49,2 4 69,0 -10,4%
Total 575,0 563,8 6 10,5 6,2%
Cash and liquid hedge instruments 80,7 41,1 29,5 -63,5%
Net Debt 494,3 522,7 5 81,1 17,6%
Shareholders' Equity 662,1 619,2 610,2 -7,8%
Net Debt / Adjusted EBITDA 3,86 4 ,72 5 ,95 54,1%
Total Debt increased 6.2% in 3Q14 when compared with 3Q13 mainly due to the valuation of US
Dollar against Real, of 9.9% in the period.
Net Debt increased by 17.6% compared with 3Q13, largely due to a reduction in cash and cash
equivalents during the last two quarters. The increase was caused by lower operating performance
and incremental CAPEX mainly in 2Q14.
Net Debt %
8%
92%
Local currency Foreign currency
28. MMaarrkkeett VVaalluuee RRaattiiooss
The book value of the Company shares increased
9.2% compared to 2T14 and 3.5% over the same
period last year.
PRVI3 Book Value / Quarter
0.96 0.97
1.06
3Q13 2Q14 3Q14
Share Price / Book Value per share
Change 3Q14 / 3Q13
3.5%
3.4%
PRVI3
IBOVESPA
R$ 7.92 R$ 7.89
Share Value - IBOVESPA
R$ 8.05
R$ 7.51
R$ 8.20
R$ 9
R$ 8
R$ 7
Sep-13 Dec-13 Mar-14 Jun-14 Sep-14
30. Environmental rreessppoonnssiibbiilliittyy
Providência holds 19 000 m2, including the
permanent preservation, with some
species of native vegetation;
The Company has 4 extruders type
machines for recycling part of the
nonwoven chips generated during the
manufacturing process;
Waste, recovered materials and leftovers are
referred for treatment only in companies
duly licensed by the responsible
environmental agency.
PPrreesseerrvvaattiioonn ooff ggrreeeenn aarreeaass aanndd
pprrootteeccttiioonn ooff rriivveerrss
IInntteerrnnaall rreeccyycclliinngg pprrooggrraamm ooff mmaatteerriiaallss WWaassttee mmaannaaggeemmeenntt pprrooggrraamm
Woods – Unit São José dos Pinhais/PR
31. Environmental rreessppoonnssiibbiilliittyy
CCoommmmiissssiioonn ttoo aannaallyyssiiss tthhee eenneerrggyy ccoonnssuummppttiioonn WWaatteerr - MMoonniittoorriinngg ccoonnssuummeerr aanndd cclloosseedd cciirrccuuiitt
Providência monitors the power consumption and acts
to reduce it. Employees are instructed on the importance
of avoiding waste;
All water used for heating and cooling equipment is again
stored in tanks, and then reused for the same purpose.
32. Awards aanndd aacckknnoowwlleeddggeemmeennttss
76th position in the ranking prepared by Revista Amanhã, which defines the best
companies in southern Brazil in 2014, climbed seven places from the previous year.
Also 32nd position among the best companies of Paraná, which was 37th in 2013. We
stand out among the 50 largest net Equity and Gross Revenue, occupying the 27th
and 43rd positions respectively;
We were one of the highlights of the 2013 Brazilian Transnationality Ranking
developed by Fundação Dom Cabral. We are among the 10+ in the revenues
bellow R$ 1 billion category, at the 8th position. In the overall ranking, we are in
23rd place with an index of 0.143 points of transnationality;
Cia Providência is the 89th among the top Brazilian 250
companies, and among the 10 companies highlighted in
Southern Brazil, according to Época Negócios 360º ranking.
33. Agenda
The Company
Sector
Highlights
3Q14 Results
Sale of the Company’s control
34. SSttaattuuss – SSaallee ooff tthhee CCoommppaannyy’’ss ccoonnttrrooll ttoo PPGGII
On July 14, 2014 there was an Extraordinary General Meeting where the following
resolutions were taken:
The exit of the Company from Novo Mercado of BMFBOVESPA was approved by
majority of the present shareholders;
Also approved by majority of eligible voting shareholders representing the
oouuttssttaannddiinngg sshhaarreess,, tthhee sseelleeccttiioonn ooff BBAANNCCOO JJ.. SSAAFFRRAA SS..AA..,, aass tthhee ffiinnaanncciiaall iinnssttiittuuttiioonn
responsible for the drafting of the appraisal report on the economic valuation of the
Company’s stock, for the purposes of the Delisting Tender Offer and the Tender Offer
for the Exit of the Company from Novo Mercado;
On November 7, 2014 the draft of the Tender Offer Notice and the adjusted
appraisal report were published at Itaú BBA and Company website.
35. CCoonnttaaccttss
CEO/CFO: Hermínio Vicente Smania de Freitas
IR : Gabriela Las Casas
Danielle Cabrini
Tel: +55 (41) 3381-8673
Fax: +55 (41) 3381-7656
São José dos Pinhais – PR
www.providencia.com.br/ri
www.twitter.com/providencia_ri
The words “believe”, “anticipate”, “expect”, “estimate”, “will”, “plan”, “may”, “intend”, “foresee”, “project” and other similar
expressions indicate forward-looking statements. These forward-looking statements involve uncertainties, risks and assumptions,
since they include information related to our potential or assumed future operating results, business strategy, financing plans,
competitive position in the market, industry environment, potential growth opportunities and the effects of future regulations and
competition. In addition, forward-looking statements refer only to the date on which they were made and should not be taken as a
guarantee of future performance. Providência is under no obligation to update this presentation with new information and/or
future events.