2. Disclaimer
“Forward looking statements included in this presentation regarding the
Company’s business, operating and financial results and Company’s growth
are only predictions and were based on management's expectations
regarding future performance. These expectations are highly dependent on
market conditions, Brazilian economic scenario, industry performance and
international markets, and are therefore subject to change”
2
3. Highlights – 1Q11
Eternit operated at full capacity in the chrysotile mining business while its fiber
cement and concrete tiles production lines worked at over 80%;
Chrysotile mineral and fiber cement sales volume remained stable compared
to the 1Q10;
The concrete tiles segment reported year-on-year growth of 22.8%;
Eternit’s net consolidated revenue amounted to R$ 186.3 million, a 9.1%
improvement over 1Q10;
Increase of 22.3% in the consolidated cost of products sold, in relation to
1Q10. This is the result of an increase in production costs, which contributed
to declining margins;
Eternit has embarked on a concerted drive to control overheads in order to
restore margins.
3
13. Products and solutions for civil construction
Water tanks and filters
Components for constructions systems
Roof coverings
Bathroom chinaware fixtures
13
14. Sales of Fiber Cement* (thous. tons)
13.2%
827
731
-2.4%
208 203
2009 2010 1Q10 1Q11
* Includes components for constructions systems
14
31. Eternit’s Shares Performance (Dec/06 - Apr/11)
Between 12/30/2006 a 04/29/2011, Eternit”s shares appreciated 59.5% and IBOVESPA
appreciated 48.7%.
In the same period, including the payment of dividends and interest on own capital, Eternit’s
shares appreciated 179.0%.
200
ETER3
IBOVESPA
180
R$ 10.79
160
66,132
140
120
100
80
60
40
dec-06 apr-07 aug-07 dec-07 abr-08 aug-08 dec-08 apr-09 aug-09 dec-09 apr-10 aug-10 dec-10 apr-11
31
32. Ownership Structure – Apr/11
Shareholding Structure Apr/11 Apr/08
58.3%
37.1% Geração L. Par. F. I. A. 19.17% 8.32%
Luiz Barsi Filho 13.06% 5.01%
Victor Adler 6.70% 5.63%
Diretoria 1.81% 1.15%
Demais Conselheiros 0.07% 0.02%
Ações em Tesouraria 0.03% 0.28%
7.9% Member
2.6% Board of Directors
Since
Sérgio Alexandre Melleiro (*) 1993
Lírio Albino Parisotto (*) 2004
Individual Investors
Victor Adler (*) 2005
Corporations Élio A. Martins 2007
Investors Abroad Luiz Barsi Filho (*) 2008
Clubs. Funds and Foundations Marcelo Munhoz Auricchio (*) 2011
Luis Terepins (*) 2011
(*) Independent member
Member
Consultive Council
FREE-FLOAT 79.43% Since
Guilherme Affonso Ferreira 2011
Mário Fleck 2011
32
33. Ownership Structure
Númber of Shareholders Average Traded Volume
(R$ thousand)
6,615
6,366
5,910
1,108
975
860
2009 2010 2011(*) 2009 2010 2011(*)
(*) Until April 2011
33
34. Shareholder Remuneration
Net Income X Shareholders Dividend Yield
Remuneration (R$ million)
102
15.1%
73
72
9.3%
55
42
3.9%
17
2009 2010 2011* 2009 2010 2011*
Net Income Dividends and Interest on own capital
(*) Until May 2011
34
38. Housing Deficit – million of units
7.9 7.9
7.8
7.3
6.6 6.3
5.8
2004 2005 2006 2007 2008
New Methodology Old Methodology
38
39. GDP and Gross Revenue Comparison (%)
GDP Construction GDP Brazil Eternit - Gross Revenues
34.9 33.3
13.2
11.6 7.5 10.3
8.2 5.1
5.0 5.4 5.3 5.2
4.0
-0.2
-6.3
2007 2008 2009 2010 2011(E)
(E) - Estimate - Source: BACEN.
Gross revenue growth has been consolidated as of January to March 2011 vs. the same period of 2010
The Company does not inform guidance of future revenue.
39
40. Structured Expansion and Diversification Program
OBJECTIVE
Consolidate Eternit as a supplier of products and solutions to the civil construction industry
INITIATIVES
- Creation of the Development and New Businesses Area
- Inclusion of metallic roofing on its portfolio
- Investment in new product lines of fiber cement
- Investment in machinery for new products on its plants
- Increase in SAMA’s production capacity
- Launches of new products
- Debut into chinaware bathroom fixtures
- Inorganic growth – Acquisitions
40
41. Launches - 2011
Bairro Nova Odebrecht – Angra dos Reis/ RJ
For more information access: www.eternit.com.br
41
43. Chrysotile – The Brazilian Asbestos
The use of Chrysotile Ore in Brazil is regulated
by the Federal Law 9.055/95, by Decree
2.350/97 and by regulatory standards for
occupational health and safety. It is also
provided in the Convention 162 of the
International Labor Organization (OIT).
White Ore
Bends and silky fibers without tip
High Concentration of Magnesium:3MgOSiO2H2O
Biopersistence*: 2.5 days
*Biopersistence: Time that a inhaled particle remains in
the lungs before being eliminated by the body’s defense
mechanisms. To cause lung damage, the fiber must have
penetration and durability capacities in the alveoli.
Serpentinite rock with Chrysotile Mineral fibers
43
44. Brazil concludes important research about chrysotile ore risks
Project Asbesto Ambiental
“Ambiental Exposition to Asbesto: Evaluation of Risk and Effects in Health”
Process CNPq n. 420001/2006-9
The results of the research were announced on November 25 2010 and
demonstrates that:
Among the householders surveyed, no clinical, respiratory functional and
high resolution tomographic alterations were found that could be
attributed to atmospheric asbestos fiber inhalation.
In the occupational assessment, no new alterations were identified or
progression in pleural and interstitial deterioration of individuals in the
sample Group exposed after 1980 and who underwent High Resolution
Computed Tomography scans in the two studies.
The full version of this research can be found in www.sectec.go.gov.br.
44
46. Corporate Management
Open Doors Program
Launch ................... November 2004
Contribute to society’s better understanding of
the mining and processing of Chrysotile Ore and
Purpose .................
the manufacture of fiber cement products in a
sustainable manner.
Five production plants of Eternit and the SAMA
Location ...........
mining company
Visitors ............... More than 44,000 until April 2011
Target ................... All society
46
47. Environment Focused Management
Zero Reject Monitoring Air Quality Water Reuse Reforestation Work
Quelônios Project - Animal Conservation Area
Seedling Nursery The only breeding program of Amazon turtles in Brazil and Reintegration
of Wild Animal Nature in partnership with IBAMA
47
49. Information
Élio A. Martins
elio.martins@eternit.com.br
Rodrigo Lopes da Luz
rodrigo.luz@eternit.com.br
Bárbara M. Tanure Gonçalves
barbara.goncalves@eternit.com.br
Phone: (55-11) 3813-6034 or (55-11) 3038-3818
www.eternit.com.br/ir or www.blogdaeternit.com.br
IR Consultant
Silvia Helena Madi Pinheiro This material was produced using FSC certified paper (Forest
Stewardship Council), which is a guarantee that the raw material
Silvia.pinheiro@firb.com comes from a forest managed in an environmentally
responsible, socially and economically viable.
Tel: (55-11) 3500-5564
49
