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ANNUAL REPORT 2013

2013 HIGHLIGHTS

  Growing by 5.6% in relation to 2012, the Company’s consolidated net revenue in 2013 came to R$957.3 million, led by the good performance of the domestic market. The owl, Eternit’s official mascot was back in the spotlight this year in a communication to improve the company’s relations with resellers and consumers.  
       
  The zero-waste policy promotes the reuse of 100% of materials in the fiber-cement plants, including packaging and office materials. The size of the areas maintained by Eternit corresponds to 4,469 soccer fields.  
       
  With a high level of returns for shareholders compared to other corporations in Brazil Eternit paid a dividend yield of 9.9% in 2013, with payments to shareholders in the period amounting to R$ 71,6 million. Eternit’s plants are strategically located across Brazil. Many of them also function as distribution centers serving all regions of the country and enabling the Company to operate with an average delivery time to any location nationwide of 72 hours.  
       
  The new systems integrated to SAP, the process control system Manufactory Integration Intelligence (MII), the efficiency control system Overall Equipment Effectiveness (OEE) and the quality control module Quality Management (QM) enable the Company to control more effectively its processes, efficiency indicators and product quality.  
       
  Investments in 2013 came to R$93.6 million, or 34.9% more than in the previous year, and focused on the new businesses and on maintaining and modernizing the industrial facilities. Two investments played a key role in expanding the business: the construction of the unit and produce to research, develop and construction material inputs in Manaus, Amazonas, and the construction of the bathroom chinaware, plant of Companhia Sulamericana de Cerâmica (CSC) in the Port of Pecém in the state of Ceará.  
       
  The results achieved by the Company are the fruit of the hard work of 2,383 employees. Sales of fiber-cement, including construction solutions, came to 828.0 thousand tons, or 5.4% more than in the previous year, mainly due to the competitive advantages of these products in the roofing segment.