|By PR Newswire||
|November 7, 2012 06:08 AM EST||
SAO PAULO, Nov. 7, 2012 /PRNewswire/ -- Eternit S.A. (BM&FBOVESPA: ETER3; OTC: ETNTY), a company with 72 years of activity, the market leader in roof coverings with operations in the bathroom chinaware, metallic bathroom fittings segments and components for construction systems, today announces its results for the 3rd quarter 2012 (3Q12).
The Brazilian Construction Materials Industry Association (ABRAMAT) data reported weakness in demand for construction materials during the third quarter, more notably in September.
Chrysotile mineral sales volume posted an increase in 3Q12 of 6.1% largely driven by exports when compared with 3Q11. In the same period, volumes fell by 12.8% for fiber cement products and by 2.7% for the concrete tiles line due to slower market conditions.
Despite reduced fiber cement and concrete tiles sales, net consolidated revenues recorded growth of 7.9% to reach R$ 229.8 million in 3Q12 due to the increased volumes generated by the chrysotile mining business, price repositioning across the entire portfolio and the appreciation of the US dollar in relation to the Real, which had a positive impact on exports.
With proportionally faster growth in net consolidated revenue in relation to the increase in the consolidated cost of products sold, EBITDA reached R$ 45.3 million, 6.9% stronger than in 3Q11. This was achieved in spite of the rise of 19.2% in operating expenses, principally in function of higher expenditures with mining rights (royalties) due to expanded sales at the SAMA subsidiary and with the Company's defense of its chrysotile asbestos business.
Net income for 3Q12 reached R$ 27.1 million, 0.8% less than reported in 3Q11, principally a function of the initial expenses with Companhia Sulamericana de Ceramica, a joint-venture between Eternit and Organizacoes Corona, in addition to a lower financial result.
In line with the Company's Structured Expansion and Diversification Plan, investments in 3Q12 reached R$ 23.5 million, 53.5% more than in 3Q11, principally expended on the modernization of the fiber cement plants, the acquisition of equipment and trucks for SAMA and the initial construction work of the new bathroom chinaware plant.
Eternit invites all to the following events for announcing third quarter 2012 earnings.
Conference Call with Webcast (in Portuguese – simultaneous translation into English)
Presentation: Elio A. Martins – Chairman and Investor Relations Officer
Date: Thursday, November 8, 2012
Time: 2:00 p.m. - Brasilia time; 11:00 a.m. in New York and 4:00 p.m. in London
The presentation together with slides may be viewed on the website by registering through the site www.ccall.com.br/eternit/3q12.htm or through the Company's Investor Relations website: www.eternit.com.br/ir
To listen to the presentation by telephone: (55-11) 4688-6361 for Brazil and (1 786) 924-6977 for other countries - Password for participants: Eternit
Playback: the recording will be available from November 8, 2012 until November 14, 2012
Telephone: (55-11) 4688-6312 Password for participants: 3638898#
Contacts - Eternit S.A. – Investor Relations
Rodrigo Lopes da Luz - [email protected] - Phone: (55-11) 3038-3818
Paula Dell Agnolo Barhum - [email protected] - Phone: (55-11) 3194-3881
Frederico Gomes Amaral - [email protected] - Phone: (55-11) 3194-3872
SOURCE Eternit S.A.
Puppet Labs has announced the next major update to its flagship product: Puppet Enterprise 2015.2. This release includes new features providing DevOps teams with clarity, simplicity and additional management capabilities, including an all-new user interface, an interactive graph for visualizing infrastructure code, a new unified agent and broader infrastructure support.
Aug. 29, 2015 03:00 AM EDT Reads: 460
WebRTC has had a real tough three or four years, and so have those working with it. Only a few short years ago, the development world were excited about WebRTC and proclaiming how awesome it was. You might have played with the technology a couple of years ago, only to find the extra infrastructure requirements were painful to implement and poorly documented. This probably left a bitter taste in your mouth, especially when things went wrong.
Aug. 28, 2015 11:45 PM EDT Reads: 400
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
Aug. 28, 2015 11:30 PM EDT Reads: 825
Red Hat is investing in Tesora, the number one contributor to OpenStack Trove Database as a Service (DBaaS) also ranked among the top 20 companies contributing to OpenStack overall. Tesora, the company bringing OpenStack Trove Database as a Service (DBaaS) to the enterprise, has announced that Red Hat and others have invested in the company as a part of Tesora's latest funding round. The funding agreement expands on the ongoing collaboration between Tesora and Red Hat, which dates back to Febr...
Aug. 28, 2015 09:00 PM EDT Reads: 290
As more and more data is generated from a variety of connected devices, the need to get insights from this data and predict future behavior and trends is increasingly essential for businesses. Real-time stream processing is needed in a variety of different industries such as Manufacturing, Oil and Gas, Automobile, Finance, Online Retail, Smart Grids, and Healthcare. Azure Stream Analytics is a fully managed distributed stream computation service that provides low latency, scalable processing of ...
Aug. 28, 2015 07:45 PM EDT Reads: 174
Too often with compelling new technologies market participants become overly enamored with that attractiveness of the technology and neglect underlying business drivers. This tendency, what some call the “newest shiny object syndrome,” is understandable given that virtually all of us are heavily engaged in technology. But it is also mistaken. Without concrete business cases driving its deployment, IoT, like many other technologies before it, will fade into obscurity.
Aug. 28, 2015 06:00 PM EDT Reads: 311
With the proliferation of connected devices underpinning new Internet of Things systems, Brandon Schulz, Director of Luxoft IoT – Retail, will be looking at the transformation of the retail customer experience in brick and mortar stores in his session at @ThingsExpo. Questions he will address include: Will beacons drop to the wayside like QR codes, or be a proximity-based profit driver? How will the customer experience change in stores of all types when everything can be instrumented and a...
Aug. 28, 2015 05:30 PM EDT Reads: 405
Consumer IoT applications provide data about the user that just doesn’t exist in traditional PC or mobile web applications. This rich data, or “context,” enables the highly personalized consumer experiences that characterize many consumer IoT apps. This same data is also providing brands with unprecedented insight into how their connected products are being used, while, at the same time, powering highly targeted engagement and marketing opportunities. In his session at @ThingsExpo, Nathan Trel...
Aug. 28, 2015 03:45 PM EDT Reads: 168
Cloud and datacenter migration innovator AppZero has joined the Microsoft Enterprise Cloud Alliance Program. AppZero is a fast, flexible way to move Windows Server applications from any source machine – physical or virtual – to any destination server, in any cloud or datacenter, using its patented container technology. AppZero’s container is also called a Virtual Application Appliance (VAA). To facilitate Microsoft Azure onboarding, AppZero has two purpose-built offerings: AppZero SP for Azure,...
Aug. 28, 2015 03:15 PM EDT
WSM International, the pioneer and leader in server migration services, has announced an agreement with WHOA.com, a leader in providing secure public, private and hybrid cloud computing services. Under terms of the agreement, WSM will provide migration services to WHOA.com customers to relocate some or all of their applications, digital assets, and other computing workloads to WHOA.com enterprise-class, secure cloud infrastructure. The migration services include detailed evaluation and planning...
Aug. 28, 2015 03:01 PM EDT
SYS-CON Events announced today that G2G3 will exhibit at SYS-CON's @DevOpsSummit Silicon Valley, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Based on a collective appreciation for user experience, design, and technology, G2G3 is uniquely qualified and motivated to redefine how organizations and people engage in an increasingly digital world.
Aug. 28, 2015 02:15 PM EDT Reads: 413
A producer of the first smartphones and tablets, presenter Lee M. Williams will talk about how he is now applying his experience in mobile technology to the design and development of the next generation of Environmental and Sustainability Services at ETwater. In his session at @ThingsExpo, Lee Williams, COO of ETwater, will talk about how he is now applying his experience in mobile technology to the design and development of the next generation of Environmental and Sustainability Services at ET...
Aug. 28, 2015 02:00 PM EDT
SYS-CON Events announced today the Containers & Microservices Bootcamp, being held November 3-4, 2015, in conjunction with 17th Cloud Expo, @ThingsExpo, and @DevOpsSummit at the Santa Clara Convention Center in Santa Clara, CA. This is your chance to get started with the latest technology in the industry. Combined with real-world scenarios and use cases, the Containers and Microservices Bootcamp, led by Janakiram MSV, a Microsoft Regional Director, will include presentations as well as hands-on...
Aug. 28, 2015 12:30 PM EDT Reads: 124
SYS-CON Events announced today that Micron Technology, Inc., a global leader in advanced semiconductor systems, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Micron’s broad portfolio of high-performance memory technologies – including DRAM, NAND and NOR Flash – is the basis for solid state drives, modules, multichip packages and other system solutions. Backed by more than 35 years of tech...
Aug. 28, 2015 12:30 PM EDT Reads: 146
This Enterprise Strategy Group lab validation report of the NEC Express5800/R320 server with Intel® Xeon® processor presents the benefits of 99.999% uptime NEC fault-tolerant servers that lower overall virtualized server total cost of ownership. This report also includes survey data on the significant costs associated with system outages impacting enterprise and web applications. Click Here to Download Report Now!
Aug. 28, 2015 12:30 PM EDT