Duratex is a public listed Brazilian company, with shares traded at B3 stock exchange under the ticker code DTEX3. The Company integrates the Novo Mercado segment, consisting of companies regarded with the highest standards of corporate governance. In addition, Duratex is a member of the ISE (Sustainability Index) portfolio since 2008.
The Company’s main shareholders are Itaúsa – Investimentos Itaú S.A. and Bloco Seibel, which have 40% and 20% of ownership, respectively. The remaining 40% are in free float.
Duratex operates in three main business divisions – Deca, Wood and Ceramic Tiles. In terms of the Wood Division, Duratex focuses on both the production of MDP (Medium Density Particle Board) and MDF (Medium Density Fiber Board) panels, as well as laminated and luxury vinyl tile (LVT) flooring, under the brand Durafloor. The Wood Division also encompasses Forestry segment, in which Duratex has over 200 thousand hectares of land and cultivates eucalyptus using advanced technology. The Deca division focuses mainly on ceramics, metal fittings and electronic showers under the brands Deca and Hydra respectively. The Ceramic Tiles division produces floor and wall coverings and roof tiles under the brands Ceusa and Portinari, which stands out in the national market for its attributes of innovation, quality and state-of-the-art technology.
The domestic market is responsible for most of the sales, however, Duratex exported to over 50 countries. Besides being a leader in the Brazilian market, Duratex is the brazilian largest producer of industrialized wood panels, the leader in metal bathroom fittings in the southern hemisphere and one of the leading companies in the ceramic tile segment in Brazil.
Besides the three business divisions, the Company also announced at the end of 2019, a partnership with the Austrian Lenzing AG, the LD Celulose joint venture for the construction of a Dissolving Wood Pulp plant in the Triângulo Mineiro (MG). The unit will have a production capacity of 500 thousand tons per year and will start operating in the first semester of 2022.
Headquartered in São Paulo, Duratex had over 10 thousand employees in 2019, 7 forestry units and 16 industrial units located in Brazil, besides 3 industrial units in Colombia.
Net revenue in 2019 was BRL 5,0 billion, net income was BRL 406 million, adjusted and recurring EBITDA was BRL 909 million and shareholders' equity was BRL 4.932 million. The market value of the Company year-end 2019 was BRL 11.5 billion.