SAO PAULO, Nov. 7, 2013 /PRNewswire/ -- Eternit S.A.
(BM&FBOVESPA: ETER3; OTC: ETNTY) today announces its results
for the 3Q13.
Eternit ended the 3Q13 with a performance well above that of the
rest of the construction materials sector, operating at full
capacity in its chrysotile mining operations, at around 90% in its
fiber-cement operation and approximately 60% in its concrete tile
business.
Chrysotile sales volume amounted to 72,400 tons in 3Q13,
compared to 73,700 tons in 3Q12, practically unchanged comparing
the two quarters. In the same period, fiber-cement sales volume was
up 7.2%, while the sales volume for concrete tiles was down by 9.9%
as a result of lower demand in the top end of the roofing
segment.
Consolidated net sales in 3Q13 amounted to R$ 251.3 million, up 9.4% compared to 3Q12 due to
an increase in sales volume of fiber-cement and bathroom chinaware
products, a satisfaction sales policy and appreciation in the US
dollar against the Brazilian real.
EBITDA in 3Q13 totalled R$ 49.3
million, up 8.9% compared to 3Q12, as a result of the
positive contribution of gross profit, despite the increase in
operational expenses, principally expenses associated with the
setting up of the bathroom chinaware plant, in the state of Ceara.
As a consequence, net earnings came to a total of R$ 28.4 million in 3Q13, up 4.7% compared to
3Q12.
The Company continued its Plan for the Expansion and
Diversification of its portfolio, with products from
floor-to-ceiling for the next 70 years, allocating additional
investment. Investments in 9M13 totalled R$
70.2 million, up 59.4% compared to 9M12. The majority of
these funds were allocated to the construction of the bathroom
chinaware plant, the setting up of a research, development and
production unit for construction material inputs in the state of
Amazonia and the updating of the Group's industrial park.
Conference call/Webcast (in Portuguese-simultaneous
translation to English)
Presentation: Nelson Pazikas - CEO and IR Director and
Rodrigo Lopes da Luz – IR
Manager
Date: 11/8/13
Time: 02.00 p.m. Brazilian Local Time
– 11.00 a.m. New York – 4.00
p.m. London
Presentation can be followed on the website link
www.ccall.com.br/eternit/3q13.htm or
www.eternit.com.br/ir
To follow the presentation by telephone, dial the following
telephone numbers: (55-11) 4688-6361 for Brazil and (1-786) 924-6977 for other
countries - Password: Eternit.
IR Team Contact - +55 (11) 3038-3818 / 3194-3881 /
ri@eternit.com.br
SOURCE Eternit S.A.