Duratex saw increases in key financial metrics in the first quarter of 2003 compared to the same period in 2002. Net revenues grew 23% to R$220.8 million, gross profit increased 25% to R$83.9 million, and EBITDA rose 21% to R$55.1 million. Shipments of wood products increased across hardboard, particle board, and MDF. The company also completed the partial split and incorporation of its particle board and MDF units to reduce costs.
Duratex reported strong financial results for 2004, with net revenues increasing 20% to R$1.188 billion and net income increasing 96% to R$125 million. EBITDA grew 39% to R$311 million, with an EBITDA margin of 26%. Shipments increased for both wood and Deca divisions. The company invested R$136 million in capital expenditures and paid out R$58 million in dividends, with a 46% pay-out ratio. Overall, 2004 was a year of growth across key financial and operational metrics for Duratex.
Duratex reported its first quarter 2005 results. Net revenues increased 22% to R$306 million compared to the first quarter of 2004. EBITDA grew 70% to R$91 million, with an EBITDA margin of 30%. Shipments increased slightly for wood products but decreased 4% for Deca division products compared to the first quarter of 2004. Dividends increased significantly to R$58 million, up 28% compared to 2004.
This document provides an overview of Duratex's business for the first semester of 2003. It summarizes Duratex's main business segments, competitors, shareholders, stock performance, capital expenditures, industrial capacity levels, and debt structure. Key points include Duratex's preferred shareholders being led by Itaúsa and pension funds, its preferred stock appreciating 22.1% in the first semester, CAPEX of R$103.5 million and EBITDA of R$139.4 million, and ramping up production of its new MDF plant.
The document summarizes the budget situation for Williamson Central School District. It shows that the Gap Elimination Adjustment remaining for 2013-2014 is $1,293,993, resulting in a loss of $1,121 per student. Various cuts have been made to close a $1 million shortfall, but additional state aid will allow the restoration of one teaching position and reduction in use of reserves. The proposed 2.66% budget increase and 2.99% tax levy increase will result in an estimated $0.65 per $1,000 increase in tax rates. Voters will be asked to approve a $21,051,455 budget for 2013-2014.
Duratex S.A. is a publicly traded Brazilian company with operations in wood panels, metal fittings, and vitreous china. It has a diverse shareholder base including Itaúsa as its controlling shareholder. In 2003, Duratex invested in expanding its capacity for MDF/HDF/SDF, particle board, metal fittings, and vitreous china. It also has strategic timberland assets that provide wood supply to its industrial sites. Duratex aims to be a leader in its product categories through investments in state-of-the-art technology and automation.
Duratex reported strong financial results for 2005. Net revenues increased 7% to R$1.27 billion with a gross margin of 41%. EBITDA increased 13% to R$362.6 million and net income increased 10% to R$137.1 million. The wood division contributed R$860 million in net revenues while the Deca division contributed R$410.6 million. Shipments increased slightly for wood products while declining slightly for Deca products. Duratex maintained a strong balance sheet with a net debt to equity ratio of 34% and net debt to EBITDA of 0.98x.
The document outlines the estimated and actual development efforts for an incremental software project across multiple iterations, showing the estimated and actual story points completed each week. It tracks metrics like estimated versus actual velocity, percentage of scope delivered, and time spent by each developer on the project. The progress of the project is visualized through a chart comparing estimated and actual cumulative story points over time.
Duratex reported strong financial results for 2004, with net revenues increasing 20% to R$1.188 billion and net income increasing 96% to R$125 million. EBITDA grew 39% to R$311 million, with an EBITDA margin of 26%. Shipments increased for both wood and Deca divisions. The company invested R$136 million in capital expenditures and paid out R$58 million in dividends, with a 46% pay-out ratio. Overall, 2004 was a year of growth across key financial and operational metrics for Duratex.
Duratex reported its first quarter 2005 results. Net revenues increased 22% to R$306 million compared to the first quarter of 2004. EBITDA grew 70% to R$91 million, with an EBITDA margin of 30%. Shipments increased slightly for wood products but decreased 4% for Deca division products compared to the first quarter of 2004. Dividends increased significantly to R$58 million, up 28% compared to 2004.
This document provides an overview of Duratex's business for the first semester of 2003. It summarizes Duratex's main business segments, competitors, shareholders, stock performance, capital expenditures, industrial capacity levels, and debt structure. Key points include Duratex's preferred shareholders being led by Itaúsa and pension funds, its preferred stock appreciating 22.1% in the first semester, CAPEX of R$103.5 million and EBITDA of R$139.4 million, and ramping up production of its new MDF plant.
The document summarizes the budget situation for Williamson Central School District. It shows that the Gap Elimination Adjustment remaining for 2013-2014 is $1,293,993, resulting in a loss of $1,121 per student. Various cuts have been made to close a $1 million shortfall, but additional state aid will allow the restoration of one teaching position and reduction in use of reserves. The proposed 2.66% budget increase and 2.99% tax levy increase will result in an estimated $0.65 per $1,000 increase in tax rates. Voters will be asked to approve a $21,051,455 budget for 2013-2014.
Duratex S.A. is a publicly traded Brazilian company with operations in wood panels, metal fittings, and vitreous china. It has a diverse shareholder base including Itaúsa as its controlling shareholder. In 2003, Duratex invested in expanding its capacity for MDF/HDF/SDF, particle board, metal fittings, and vitreous china. It also has strategic timberland assets that provide wood supply to its industrial sites. Duratex aims to be a leader in its product categories through investments in state-of-the-art technology and automation.
Duratex reported strong financial results for 2005. Net revenues increased 7% to R$1.27 billion with a gross margin of 41%. EBITDA increased 13% to R$362.6 million and net income increased 10% to R$137.1 million. The wood division contributed R$860 million in net revenues while the Deca division contributed R$410.6 million. Shipments increased slightly for wood products while declining slightly for Deca products. Duratex maintained a strong balance sheet with a net debt to equity ratio of 34% and net debt to EBITDA of 0.98x.
The document outlines the estimated and actual development efforts for an incremental software project across multiple iterations, showing the estimated and actual story points completed each week. It tracks metrics like estimated versus actual velocity, percentage of scope delivered, and time spent by each developer on the project. The progress of the project is visualized through a chart comparing estimated and actual cumulative story points over time.
The document reports results from a survey of internet usage patterns among Korean youth. It finds that nearly half of respondents use the internet for over 4 hours per day, with social networking and online games being very popular activities. Respondents reported feeling stressed due to excessive internet use and a need to cut back on time spent online.
Duratex S.A. is a Brazilian manufacturer of wood panels, metal fittings, and vitreous china that has been publicly traded since 1951. In the first three quarters of 2003, Duratex's net revenues increased 15% compared to the same period in 2002, while operating income decreased 13% due to higher costs. Duratex has invested heavily in capacity expansions and new technologies to maintain its leadership position in key product categories and achieve economies of scale.
This document summarizes social media statistics for various industries from April 17-24, 2012. Overall totals increased slightly from 607 million fans to 612 million on Facebook (+0.9%) and 77 million to 78 million on Twitter (+1.9%). The top categories were Celebrities with over 258 million Facebook fans (+0.6%) and 67 million Twitter followers (+2%); Beverages had over 105 million Facebook fans (+0.5%) and 2 million Twitter followers (+0.5%); and Fast Food had over 47 million Facebook fans (+1.2%) and 1.2 million Twitter followers (+2.6%).
130321 0131 rapport baromètre politique 3 c etudes vague 15 - mars 2013 hb hgmosaiquefm
The document is a political barometer survey from 3C Etudes in Tunisia from March 2013. It contains the following key points:
- A total of 1609 telephone interviews were conducted for the survey.
- Support for Ennahdha has decreased to 43% compared to 52.1% in 2013, while Nida Tounes has increased to 47.9%.
- Evaluations of the economic situation have declined, with a majority now saying the country is heading in the wrong direction.
- Prime Minister Ali Larayedh receives low marks for his handling of the country's affairs.
The document discusses statistics related to employment rates in different age groups and years. The highest employment rate of 48.0% was among people aged 25-34, while the lowest rate of 2.0% was among people aged 65 and over. The employment rate was 33.5% in 1886 and increased over time to 60% in 1908 and 80.5% in 1970.
(1) This document contains information from a government agency regarding statistics on population and economic indicators.
(2) It provides population statistics for Taiwan broken down by age and gender for years past and projections into the future.
(3) Economic indicators discussed include unemployment rates, GDP growth projections, and distributions of employment across different industries. Contact information is also provided.
The document summarizes the creation of a new company through the association of Duratex S.A. and Satipel Industrial S.A., which will create the biggest panel making company in the Southern Hemisphere. Key details include the exchange of Satipel shares for Duratex shares to form a new publicly listed company called Duratex S.A., with the combined company having significantly increased production capacity and forest areas. The new company is positioned to leverage synergies and become a top global producer of panels, vitreous chinaware, and other building materials.
Duratex operates in three business segments: wood, metals, and ceramics. It has a leadership position in Brazil for various product lines. The document discusses Duratex's CAPEX plans which include expanding production capacity, acquiring new plants, and increasing offerings. It also provides financial highlights showing Duratex has a balanced financial structure with growing revenues and profitability between 2004-2008.
1) Duratex reported strong financial results for 2007, with net revenues increasing 17% and EBITDA growing 43% over 2006 levels.
2) Significant capital expenditures were announced to expand production capacity, including a new MDF plant and coating line.
3) The wood division achieved revenue growth of 10% and EBITDA growth of 16%, driven by increased sales volumes and margins across its product lines.
- Duratex reported record financial results for 2006, with shipments and net revenues increasing 17% and 9% respectively in its wood and deca divisions. Net income increased 65% to a record R$226 million.
- The company operates in wood panels, metal fittings, and vitreous china, with its wood panels consumed mainly by the furniture industry. It plans to increase capacity for hardboard, particle board, MDF, and metal fittings.
- Housing and construction are key markets, expected to grow with increased access to credit and a growing youth population. Duratex captures a large share of these markets through home centers, retailers, and direct sales.
This corporate presentation provides an overview of Duratex following its association with Satipel. Key points include:
- The association was approved in August 2009 and Duratex began trading under the new ticker DTEX3 in October.
- The presentation reviews Duratex's corporate governance structure, capital markets performance, business divisions including wood panels and sanitary ware, and highlights synergies from the association.
- Financial performance on a pro forma basis shows growth in net revenue, EBITDA, net income and equity with return on equity of 11.8% for 3Q09.
This corporate presentation by Duratex provides an overview of its business segments, geographical locations, capital expenditures, macroeconomic factors, financial position, and performance for 2008. Key points include that Duratex has wood, ceramic, metal, and laminate flooring segments; plans ongoing investments of over R$1 billion to increase production capacity; and has maintained a balanced financial structure with a net debt to EBITDA ratio of around 0.5x.
The document discusses Duratex's business segments, capital markets performance, and expansion plans. It outlines Duratex's leadership in the Brazilian panel making and sanitary ware industries, and provides an overview of market conditions and Duratex's financial results, with revenues increasing 7.3% year-over-year in 3Q2007 and plans to invest $830 million from 2007-2009 to increase production capacity.
Duratex reported strong financial results for 3Q2006, with net revenues increasing 15% over 2Q2006 and 26% over 3Q2005. EBITDA grew 31% over 3Q2005 to R$130.8 million, with margins expanding to 33% from 27%. Shipments of wood products increased 20% over 2Q2006 and 36% over 3Q2005. The company maintained its leadership position in key markets through ongoing investments and expansion of premium product offerings.
Duratex S.A. is a Brazilian manufacturer of construction materials with a market capitalization of R$1.531,7 million and average daily trading volume of R$1.1 million. Foreign investors own 29% of preferred shares, while pension funds own 19% and Itaúsa owns 24%. The stock price ranged from R$18 to R$26 in the past 52 weeks. The company established an investor relations area, issued new stock, released quarterly results via conference calls, and adhered to high corporate governance standards.
This document provides an overview of Duratex's performance in the 3rd quarter of 2004. Key points include:
1) Duratex pursued a strategy of strategic positioning, investments with accelerated returns, technology/innovation, and presence in new markets.
2) The company saw increases in net revenues, gross profit, EBITDA, and net income compared to the same period last year.
3) Duratex maintained a commitment to better corporate governance practices such as increasing the mandatory dividend and extinguishing beneficiary parts.
Duratex reported its 1st half 2008 results. Key highlights included:
- Net revenue increased 22.1% to R$314.7 million driven by a 15.7% increase in shipments.
- Recurrent EBITDA was R$90.4 million, up 31.7% with margins of 29.2%.
- Expansion projects were on track to increase capacities for MDF, metal fittings, and vitreous china by the 2nd half of 2008.
- The company's financial position with a net debt to equity ratio of 7.3% allowed it to continue investing in growth opportunities.
The document summarizes the association between Duratex and Satipel that will create the largest panel manufacturer in South America. Key points:
- Duratex will issue new shares to acquire Satipel, with the combined company called Duratex trading on the Novo Mercado exchange.
- The merger creates scale advantages with combined annual panel production capacity of 3.91 million cubic meters, positioning it as the 8th largest global panels company.
- Other competitive advantages include increased brand awareness, geographic diversification, and self-sufficiency in raw materials from combined forest land of 209,300 hectares.
Duratex reported strong financial results for the first half of 2007. Net revenues increased 15% to R$781.7 million driven by a 16% increase in wood sales volume and a 13% rise in ceramic tile shipments. Gross margin improved to 46% from 42% a year ago. EBITDA grew 33% to R$268.2 million and net income jumped 68% to R$152.3 million. Duratex invested R$112.9 million in capital expenditures during the period, including a down payment for a new MDF plant, land acquisitions, and equipment to expand production capacity across various business segments going forward. Occupancy rates remained high across Duratex's facilities.
This document contains information about Duratex's 1st half 2006 results including:
- Duratex's stock price was R$19.45 per share and its market capitalization was R$2.465 billion as of June 2006.
- Foreign investors owned 51.9% of Duratex's preferred shares, with pension funds and Itaúsa/Itaúcorp owning 10.6% and 7.5%, respectively.
- A chart shows the trading volume and price of Duratex's preferred shares, with events like a stock split and adhesion to Bovespa Level 1 indicated.
This document summarizes Duratex's financial performance in the first half of 2005. Key points include:
- Net revenues increased 13% to R$622 million driven by growth in the wood and Deca divisions.
- EBITDA grew 33% to R$187.5 million with margins expanding to 30.1% from 25.6%.
- Net income increased 48% to R$72.7 million.
- The wood division accounted for 68% of revenues while the Deca division contributed 32%.
- Exports increased 17.7% in US dollar terms led by growth in hardboard and MDF shipments to the US.
Duratex reported its results for the first quarter of 2008. It has leadership positions in metals and vitreous china segments in Brazil. It also has the most diversified product line in the wood panel industry. Duratex is increasing production capacity across various divisions through capital expenditures to strengthen its leadership positions and meet growing demand. Housing starts and financing continued to grow strongly in Brazil creating opportunities for Duratex's construction materials.
The document reports results from a survey of internet usage patterns among Korean youth. It finds that nearly half of respondents use the internet for over 4 hours per day, with social networking and online games being very popular activities. Respondents reported feeling stressed due to excessive internet use and a need to cut back on time spent online.
Duratex S.A. is a Brazilian manufacturer of wood panels, metal fittings, and vitreous china that has been publicly traded since 1951. In the first three quarters of 2003, Duratex's net revenues increased 15% compared to the same period in 2002, while operating income decreased 13% due to higher costs. Duratex has invested heavily in capacity expansions and new technologies to maintain its leadership position in key product categories and achieve economies of scale.
This document summarizes social media statistics for various industries from April 17-24, 2012. Overall totals increased slightly from 607 million fans to 612 million on Facebook (+0.9%) and 77 million to 78 million on Twitter (+1.9%). The top categories were Celebrities with over 258 million Facebook fans (+0.6%) and 67 million Twitter followers (+2%); Beverages had over 105 million Facebook fans (+0.5%) and 2 million Twitter followers (+0.5%); and Fast Food had over 47 million Facebook fans (+1.2%) and 1.2 million Twitter followers (+2.6%).
130321 0131 rapport baromètre politique 3 c etudes vague 15 - mars 2013 hb hgmosaiquefm
The document is a political barometer survey from 3C Etudes in Tunisia from March 2013. It contains the following key points:
- A total of 1609 telephone interviews were conducted for the survey.
- Support for Ennahdha has decreased to 43% compared to 52.1% in 2013, while Nida Tounes has increased to 47.9%.
- Evaluations of the economic situation have declined, with a majority now saying the country is heading in the wrong direction.
- Prime Minister Ali Larayedh receives low marks for his handling of the country's affairs.
The document discusses statistics related to employment rates in different age groups and years. The highest employment rate of 48.0% was among people aged 25-34, while the lowest rate of 2.0% was among people aged 65 and over. The employment rate was 33.5% in 1886 and increased over time to 60% in 1908 and 80.5% in 1970.
(1) This document contains information from a government agency regarding statistics on population and economic indicators.
(2) It provides population statistics for Taiwan broken down by age and gender for years past and projections into the future.
(3) Economic indicators discussed include unemployment rates, GDP growth projections, and distributions of employment across different industries. Contact information is also provided.
The document summarizes the creation of a new company through the association of Duratex S.A. and Satipel Industrial S.A., which will create the biggest panel making company in the Southern Hemisphere. Key details include the exchange of Satipel shares for Duratex shares to form a new publicly listed company called Duratex S.A., with the combined company having significantly increased production capacity and forest areas. The new company is positioned to leverage synergies and become a top global producer of panels, vitreous chinaware, and other building materials.
Duratex operates in three business segments: wood, metals, and ceramics. It has a leadership position in Brazil for various product lines. The document discusses Duratex's CAPEX plans which include expanding production capacity, acquiring new plants, and increasing offerings. It also provides financial highlights showing Duratex has a balanced financial structure with growing revenues and profitability between 2004-2008.
1) Duratex reported strong financial results for 2007, with net revenues increasing 17% and EBITDA growing 43% over 2006 levels.
2) Significant capital expenditures were announced to expand production capacity, including a new MDF plant and coating line.
3) The wood division achieved revenue growth of 10% and EBITDA growth of 16%, driven by increased sales volumes and margins across its product lines.
- Duratex reported record financial results for 2006, with shipments and net revenues increasing 17% and 9% respectively in its wood and deca divisions. Net income increased 65% to a record R$226 million.
- The company operates in wood panels, metal fittings, and vitreous china, with its wood panels consumed mainly by the furniture industry. It plans to increase capacity for hardboard, particle board, MDF, and metal fittings.
- Housing and construction are key markets, expected to grow with increased access to credit and a growing youth population. Duratex captures a large share of these markets through home centers, retailers, and direct sales.
This corporate presentation provides an overview of Duratex following its association with Satipel. Key points include:
- The association was approved in August 2009 and Duratex began trading under the new ticker DTEX3 in October.
- The presentation reviews Duratex's corporate governance structure, capital markets performance, business divisions including wood panels and sanitary ware, and highlights synergies from the association.
- Financial performance on a pro forma basis shows growth in net revenue, EBITDA, net income and equity with return on equity of 11.8% for 3Q09.
This corporate presentation by Duratex provides an overview of its business segments, geographical locations, capital expenditures, macroeconomic factors, financial position, and performance for 2008. Key points include that Duratex has wood, ceramic, metal, and laminate flooring segments; plans ongoing investments of over R$1 billion to increase production capacity; and has maintained a balanced financial structure with a net debt to EBITDA ratio of around 0.5x.
The document discusses Duratex's business segments, capital markets performance, and expansion plans. It outlines Duratex's leadership in the Brazilian panel making and sanitary ware industries, and provides an overview of market conditions and Duratex's financial results, with revenues increasing 7.3% year-over-year in 3Q2007 and plans to invest $830 million from 2007-2009 to increase production capacity.
Duratex reported strong financial results for 3Q2006, with net revenues increasing 15% over 2Q2006 and 26% over 3Q2005. EBITDA grew 31% over 3Q2005 to R$130.8 million, with margins expanding to 33% from 27%. Shipments of wood products increased 20% over 2Q2006 and 36% over 3Q2005. The company maintained its leadership position in key markets through ongoing investments and expansion of premium product offerings.
Duratex S.A. is a Brazilian manufacturer of construction materials with a market capitalization of R$1.531,7 million and average daily trading volume of R$1.1 million. Foreign investors own 29% of preferred shares, while pension funds own 19% and Itaúsa owns 24%. The stock price ranged from R$18 to R$26 in the past 52 weeks. The company established an investor relations area, issued new stock, released quarterly results via conference calls, and adhered to high corporate governance standards.
This document provides an overview of Duratex's performance in the 3rd quarter of 2004. Key points include:
1) Duratex pursued a strategy of strategic positioning, investments with accelerated returns, technology/innovation, and presence in new markets.
2) The company saw increases in net revenues, gross profit, EBITDA, and net income compared to the same period last year.
3) Duratex maintained a commitment to better corporate governance practices such as increasing the mandatory dividend and extinguishing beneficiary parts.
Duratex reported its 1st half 2008 results. Key highlights included:
- Net revenue increased 22.1% to R$314.7 million driven by a 15.7% increase in shipments.
- Recurrent EBITDA was R$90.4 million, up 31.7% with margins of 29.2%.
- Expansion projects were on track to increase capacities for MDF, metal fittings, and vitreous china by the 2nd half of 2008.
- The company's financial position with a net debt to equity ratio of 7.3% allowed it to continue investing in growth opportunities.
The document summarizes the association between Duratex and Satipel that will create the largest panel manufacturer in South America. Key points:
- Duratex will issue new shares to acquire Satipel, with the combined company called Duratex trading on the Novo Mercado exchange.
- The merger creates scale advantages with combined annual panel production capacity of 3.91 million cubic meters, positioning it as the 8th largest global panels company.
- Other competitive advantages include increased brand awareness, geographic diversification, and self-sufficiency in raw materials from combined forest land of 209,300 hectares.
Duratex reported strong financial results for the first half of 2007. Net revenues increased 15% to R$781.7 million driven by a 16% increase in wood sales volume and a 13% rise in ceramic tile shipments. Gross margin improved to 46% from 42% a year ago. EBITDA grew 33% to R$268.2 million and net income jumped 68% to R$152.3 million. Duratex invested R$112.9 million in capital expenditures during the period, including a down payment for a new MDF plant, land acquisitions, and equipment to expand production capacity across various business segments going forward. Occupancy rates remained high across Duratex's facilities.
This document contains information about Duratex's 1st half 2006 results including:
- Duratex's stock price was R$19.45 per share and its market capitalization was R$2.465 billion as of June 2006.
- Foreign investors owned 51.9% of Duratex's preferred shares, with pension funds and Itaúsa/Itaúcorp owning 10.6% and 7.5%, respectively.
- A chart shows the trading volume and price of Duratex's preferred shares, with events like a stock split and adhesion to Bovespa Level 1 indicated.
This document summarizes Duratex's financial performance in the first half of 2005. Key points include:
- Net revenues increased 13% to R$622 million driven by growth in the wood and Deca divisions.
- EBITDA grew 33% to R$187.5 million with margins expanding to 30.1% from 25.6%.
- Net income increased 48% to R$72.7 million.
- The wood division accounted for 68% of revenues while the Deca division contributed 32%.
- Exports increased 17.7% in US dollar terms led by growth in hardboard and MDF shipments to the US.
Duratex reported its results for the first quarter of 2008. It has leadership positions in metals and vitreous china segments in Brazil. It also has the most diversified product line in the wood panel industry. Duratex is increasing production capacity across various divisions through capital expenditures to strengthen its leadership positions and meet growing demand. Housing starts and financing continued to grow strongly in Brazil creating opportunities for Duratex's construction materials.
Duratex S.A. is a Brazilian building materials company that saw increases in shipments, revenues, and profits in the first half of 2004 compared to the same period in 2003. Specifically, shipments increased by 29.7% and net revenues grew by 24%. Earnings before interest, taxes, depreciation, and amortization (EBITDA) rose by 44.1% to R$141.4 million. The company invested in expanding production capacity across various divisions and saw occupancy rates and export sales increase. Overall, it was a period of strong financial performance and growth for Duratex.
Duratex is a Brazilian building materials company traded on the stock exchange since 1951. It has several business segments including hardboard, particle board, MDF, metal fittings, and vitreous china. In the first quarter of 2004, net revenues were highest for MDF at 24%, particle board at 17%, and metal fittings at 12%. Duratex has been expanding production capacity and exporting products to markets in Europe, the United States, and South America. Exports of MDF, vitreous china, and furniture increased by 32.6% in the first quarter compared to the previous year.
Duratex reported financial results for the first quarter of 2007 with increases in key metrics such as net revenues, EBITDA, and net income compared to the first quarter of 2006. Net revenues totaled R$356.5 million, an 8% increase, while EBITDA reached R$120.6 million for a 34% margin. Duratex also announced planned capital expenditures of R$850 million between 2007 and 2009 for expanding production capacity across its wood and tile divisions.
Duratex reported its financial results for the first quarter of 2009. Key points include:
- Net revenue was R$393.8 million, down 7.5% from the previous year.
- Recurrent EBITDA was R$101.8 million, down 20.3% due to lower sales volume.
- Recurrent net income was R$51.7 million, down 28.5% year-over-year.
- Duratex is expanding its MDF production capacity and acquiring land for forest plantations to strengthen its competitive position. However, it postponed the expansion of its MDP business indefinitely due to economic uncertainties.
Bienestar Financiero al servicio de su jubilación anticipada
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Estudio de sus hijos
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Acceso a Desarrollo de varias industrias
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Link de registro
https://business.myinfinity.global/maurod8/
https://therusnetwork.com/
Contacto:
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UnityNet World Environment Day Abraham Project 2024 Press ReleaseLHelferty
June 12, 2024 UnityNet International (#UNI) World Environment Day Abraham Project 2024 Press Release from Markham / Mississauga, Ontario in the, Greater Tkaronto Bioregion, Canada in the North American Great Lakes Watersheds of North America (Turtle Island).
2. Business Segments
Hardboard Metal Fittings
Particle Board Vitreous China
MDF Accessories
Laminate Flooring
Ceiling & Wall Paneling
3. Corporate Events
Partial Split and Incorporation of DCE by Duratex SA
March 31st of 2003 – it was approved, by a General
Ordinary Extraordinary meeting, the partial split and
incorporation of the industrial units of both particle
board and MDF by Duratex S. A. from DCE
The operation aimed the reducion of costs and the
elimination of double taxing
There were issued 3,6 million shares of Duratex SA
in order to compensate DCE’s minority shareholders
4. Preferred Shareholders’ Structure (April 31st)
2002 2003
Fore ign Fore ign
Inve stors Inve stor
28,4% Pe nsion Fund 19,7%
Pe nsion Fund
23,3%
20,5%
Othe rs
Othe rs
28,7%
22,7%
Itaúsa Tre asury Itaúsa Tre asury
23,1% 5,3% 24,4% 3,9%
Shares outstanding as of April 31st:
2002: 12.179.130.021 shares, of which 7.767.712.156 Pref.
2003: 11.782.716.987 shares, of which 7.370.658.030 Pref.
5. Preferred Stock Performance
During the first quarter of 2003, Duratex stock was traded in
every working day, presenting an appreciation of 3,8%, as
opposed to the Bovespa Index that practicaly have not changed
during the same period
Volume Trade d Financial Volume Avg. Financial
De als
(in 1,000 share s) (R$ 1,000) Volume (R$ 1,000)
1Q2003 675 614.400 31.947 525,7
1Q2002 418 315.400 14.623 244,3
2Q2002 469 396.100 19.838 316,0
3Q2002 543 756.600 30.051 458,0
4Q2002 739 806.100 35.442 547,0
Var. % 61,5% 94,8% 118,5% 115,1%
6. Performance of Duratex’ Preferred Stock
Duratex PN x Stock Indexes
Duratex PN x Stock Indexes
100 Base: from 04/30/2002 to 04/30/2003
100 Base: from 04/30/2002 to 04/30/2003
140
18,2%
120
6,5%
100
3,6%
80 -4,0%
60
/ 02 / 02 0 2
/ 02 0 2
/ 02 02 02 / 02 / 03 0 3
/ 03 / 03
pr ay n/ ul g/ ep ct
/
ov
/
ec an b/ ar pr
a m ju j au s o n d j fe m a
DURA4 IBOV IBX FGV100
10. Industrial Capacity & Level of Utilization (1Q2003)
Hardboard 91,2% 360.000 m3/yr
360.000 m3/yr
Particle Board AGI Last Phase: 500.000 m3/yr
78,7% 500.000 m3/yr
140.000 m3
MDF/HDF: 400.000 m3 640.000 m3/yr
MDF 99,5% 640.000 m3/yr
pre-operational
1,2 M
1,2 M
Me tal Fittings 89,6% pieces/month
pieces/month
270.000
Vitre ous China 270.000
82,2% pieces/month
pieces/month
11. Total Debt & Amortization Schedule (R$ M)
409,2
113,7
Foreign 85,3
Currency 195,1
100% hedged
56,9
63,4
Domestic 89,9
Currency 214,1
De bt 2003 2004 2005 2006 2007 &
Be yond
Long-Term Amortization Schedule
Net Debt on Shareholders’ Equity: 27,2%
12. Exports
1Q2002 1Q2003
South &
South &
Central
Central
Americ a
Americ a
14%
USA 14%
52% USA
47%
Europe
Europe 25%
23%
Others Others
11% 16%
US$8,9 M +10 %
+10 % US$9,8 M
13. Net Revenues Breakdown
1Q2002 1Q2003
Laminate Laminate
MDF MDF
Flooring Flooring
13,8% 13.5%
7,3% 7,8%
Particle
Particle
Board
Board
14,2%
15,6% Me tal
Me tal Fitings
Fittings
25,6%
24,3%
Hardboard Hardboard
Vitre ous Vitre ous
27,2% 29,1%
China China
10,6% 11,1%
Wood Division: 63,8% Wood Division: 64,6%
Deca Division: 36,2% Deca Division: 35,4%
14. Consolidated Income Statement (R$ 1.000)
1Q2003 VA% 1Q2002 VA% HA%
NET REVENUES 220.778 100% 179.114 100% 23%
COGS (122.106) 55% (97.800) 55%
Depreciation/Amort./Depletion (14.801) (14.094)
GROSS PROFIT 83.871 38% 67.220 38% 25%
Selling Expenses (29.940) (20.562)
General & Administrative Expenses (10.368) (8.828)
Lay-off Provisions (1.005) (4.663)
Other Operating Results (2.222) (1.613)
INCOME BEFORE FINANCIAL RESULTS 40.336 18% 31.554 18% 28%
Net Financial Result (6.771) (2.738)
Taxes on Financial Operations (2.417) (1.800)
Argentina - Exchange Rate Impact 950 (12.316)
OPERATING INCOME 32.098 15% 14.700 8% 118%
Non Operating Income 405 2.931
INCOME BEFORE TAXES 32.503 15% 17.631 10% 84%
Income Tax & Social Contribution (8.957) (3.500)
Statutory Participation (2.995) (1.798)
Minority Participation (42) (250)
NET INCOME 20.509 9% 12.083 7% 70%
15. Consolidated Operating Cash Flow Statement (R$ 1.000)
1Q2003 1Q2002
NET INCOME 20.509 12.083
Depreciation/Amortization/Depletion 14.801 14.094
Interest / FX Variation (Accrual) (2.533) 6.901
Provisions / Write-Offs 4.703 4.396
SUB-TOTAL 37.480 37.474
Investments in Working Capital (4.007) 5.947
OPERATING CASH FLOW 33.473 43.421
16. Consolidated Financial Summary (R$ M)
1Q03 1Q02 2Q02 3Q02 4Q02
Ne t Re ve nue s 220,8 179,1 203,2 236,4 248,2
COGS 122,1 98,4 114,1 130,1 143,4
Gross Margin Ne t of De pre c. 44,7% 45,1% 43,8% 45,0% 42,2%
De pre ciation 14,8 13,5 13,7 14,6 14,3
Gross Profit 83,9 67,2 75,4 91,6 90,6
Gross Margin 38,0% 37,5% 37,1% 38,7% 36,5%
Ope rating Re sult 40,3 31,6 33,1 42,7 45,5
EBITDA 55,1 45,6 46,3 58,0 60,5
EBITDA Margin 25,0% 25,5% 22,8% 24,5% 24,4%
Ne t Income 20,5 12,1 15,0 24,8 19,8
ROE (annualize d) 9,3% 5,7% 7,0% 11,5% 9,0%
17. Wood Division – Cost Breakdown
Hardboard Particle Board MDF
Raw Material & Others 31% 58% 63%
Work Force 23% 13% 12%
Wood 20% 11% 9%
Depreciation 5% 8% 8%
Electric Power 11% 4% 6%
Fuel 10% 6% 2%
Total 100% 100% 100%
100%
Fuel
80%
Electric Power
60%
Depreciation
40%
Wood
20%
Work Force
Raw Material & Others
0%
Hardboard Particle MDF
Board
18. Deca Division – Cost Breakdown
Vitreous China Metal Fittings
Raw Material & Others 39% 55%
Work Force 37% 34%
Electric Power 3% 4%
Depreciation 10% 7%
Fuel 11% 0%
Total 100% 100%
100%
80% Fuel
60% Electric Power
40% Depreciation
20% Work Force
0%
Raw Material & Others
Vitreous China Metal Fittings
19. Financial Performance per Division
WOOD DIVISION DECA DIVISION CONSOLIDATED
CON SOLIDATED CON SOLIDATED
(R$M) V A% (R$M) V A% (R$M) AV %
N et Revenues 142,6 100% 78,2 100% 220,8 100%
COGS (74,2) 52% (48,7) 62% (122,9) 56%
Deprec iation (9,1) 6% (4,9) 6% (14,0) 6%
Gros s Profit 59,3 42% 24,6 31% 83,9 38%
EBITDA 1T2003 42,7 30% 12,4 16% 55,1 25%
EBITDA 1T2002 35,4 31% 10,2 16% 45,6 25%