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  • 1. 1Q13 ResultsMay 10, 2013

2. SCHEDULEProvidncia USAHIGHLIGHTSRESULTSOUTLOOKProvidncia USA2 3. HIGHLIGHTS 1Q13 The unveiling, on March 26, of Kami 13, the companys thirteenth production line and the second at its North American installations, located at Statesville in North Carolina, USA. With the new machine, Providncia add 20 thousand tons of nonwovens/year to local production, doubling plant capacity in order to meet demand for high technology products from the disposal hygiene segment; The Annual/Ordinary General Meeting of April 1, 2013 approved an additional payout of R$ 33.8 million in dividends, totaling 100% of the 2012 annual adjusted dividend calculation base. The shares will trade ex-dividend on May 17, 2013 and payout will take place on May 27, 2013. 4. SCHEDULEHIGHLIGHTSRESULTSOUTLOOK4 5. SALES VOLUME (in thousands of tons) Sales Volume amounted to , a growth of 16.8% in relation to the same period in 2012; The increase was mainly due to the 2nd production line at the Pouso Alegre (MG) facility, that started up in June/2012;27.024.923.1 this quarter our 2nd machine in Statesville is in line with the Companys21.322.824.41Q124Q121Q13forecast for ramping up production; In 1Q13 we did not sell part of the volume that would be sold to Argentina and Venezuela due to political and economic situation in those countries.NonwovensOthers 6. NET REVENUE (in millions of Reais)The Company reported Net RevenueR$10,00ofR$9,00, 15.2% up on1Q12;R$8,00R$ 6.03R$ 6.12R$7,00R$ 5.95The increase is largely due to higherR$6,00sales volume as well as the intensive useR$5,00152.8139.4160.6of available production capacity;R$4,00 R$3,00The decrease in unitary net revenuesR$2,00is mainly due to the sale of the firstR$1,00 R$-products made on the 2nd StatesvilleR$(1,00)1Q124Q12 Net revenue1Q13production line.Unitary Net Revenue (R$) 6 7. COGS (Cost of Goods Sold) (in millions of Reais) 240,0220,0The COGS totaled R$ 114.9 million in 1Q13, a growth of 19.0% against the R$ 96.6 million 200,0recorded in 1Q12 and an increase of 9.1% compared with the R$ 105.4 million in 4Q12. This 180,0performance is largely the result of higher sales volume, the productionR$4,50 start-up of KAMI13 160,0and the increased costs of polypropylene. 140,0120,0R$ 4.18R$ 4.23R$ 4.25100,080,060,040,096.6105.4114.920,0-R$3,501Q124Q121Q13COGS (R$ thousand)Unitary COGS (R$) 7 8. EBITDA (in millions of Reais) and EBITDA MARGIN (%) 22.1% 20.7%Adjusted EBITDA in 1Q13 reached40,0, a 10.8% decline when compared with 1Q12, mainly due to the 30,016.1%sale of the first products made in KAMI13 and to the added costs on KAMI12 and 20,0 KAMI13;33.8 28.925.810,0 Compared to 4Q12 the lower EBITDAwas due to the product mix and costs impacted by the startup of KAMI 13.-1Q124Q12 Ebitda1Q13Ebitda Margin (%) 9. 25,0NET INCOME (in millions of Reais) and NET MARGIN(%) 7.4%Net Income in the period amounted to 5.1%, 28.4% less than1Q12; 3.1%The adjusted dividend calculation base for the year (retained earnings)11.3was R$ 7.8 million, the difference representing the incorporation of the7.1 5.1realization of the deemed cost in the quarter, net of taxes. -1,0%1Q124Q12 Net Income1Q13 Net Margin 9 10. NET DEBT (in millions of Reais) Net Debt reported an increase of R$ 108.9 million, or 30.6%, in relation to 1Q12, this increase largely reflecting the funding of new machines in Brazil and the USA;451.6464.2The foreign currency named debt was mainly borrowed in the USA with a natural hedge in the form of Providncias revenue flows and assets in that country.355.3Foreign Currency35% 65% 1Q124Q121Q13Local Currency 11. DEBT / CASH (in millions of Reais)Consolidated Net Debt R$ (MM)Total Debt Short Term Long Term Total03/31/2012 12/31/2012 03/31/2013Ch. 1Q13 / 1Q1273,5 374,9 448,3112,4 423,3 535,7114,5 475,5 590,055,9% 26,9% 31,6%93,084,1125,935,3%Net Debt355,3451,6464,230,6%Shareholders' Equity671,3690,0696,13,7%Net Debt/ Adjusted EBITDA3,63,63,84,7%Net Debt / Adjusted EBITDA2,52,22,3-7,6%CashWithout the lines that startup in 201211 12. 25,0DIVIDENDS (in millions of Reais) The AGM held on 04/01/2013 approved an additional payout of R$ 33.8 million in dividends, totaling R$ 53.1 million for the 2012 fiscal year. R$ 0.66R$ 0.41This calculation base corresponds to:R$ 0.49 R$ 0,5053.1Net Income for the financial year in 2012 (-) Legal Reserve (5%) R$ 0,30 (+) Realization of the deemed cost: Dividend Calculation BaseR$ 45.1 million R$ 2.2 million R$ 10.2 million R$ 53.1 millionR$ 0,1039.5 32.9R$ (0,10)R$ (0,30)20102011Ex-dividend: 05/17/2013 Payout: 05/27/2013 R$ 0.42 per share2012 R$ (0,50)Dividends (R$ MM)Dividend/Share12 13. 25,0MARKET VALUE RATIOS PRVI3Ch. 1Q13/1Q12 R$ 8.95R$ 8.70R$ 6.85R$ 6.69 R$ 6.30 mar/12JunSepDecDividend Yield*mar/131,40Share Price / Book Value per Share1,208.06%7.37%1,000,805.54%0,60 0,400.801.041.004Q121Q130,20 -201020112012* Dividend per Share / Share price at the end of the period.1Q1213 14. SCHEDULEHIGHLIGHTSRESULTSOUTLOOK 15. OUTLOOKThe target is for the 2nd Statesville production line, the Companys 13th, to reach maximumcapacity until the end of the second quarter of 2013; During 2Q13 and 3Q13 the United States plant should have a product mix improvement; During 2Q13 we will redirect to other countries the products we did not sell to Argentina and Venezuela on 1Q13; By the year-end, Companhia Providncias installed capacity will have reached 140 thousand tons/year, reaffirming the Companys ranking as one of the largest and most modern players in the global nonwovens industry.15 16. CEO: Hermnio V. S. de Freitas CFO: Eduardo Feldmann Costa IR : Gabriela Las Casas Beatriz Tokarski Tel: +55 (41) 3381-8673 Fax: +55 (41) 3283-5909 So Jos dos Pinhais PR words believe, anticipate, expect, estimate, will, plan, may, intend, foresee, project and other similar expressions indicate forward-looking statements. These forward-looking statements involve uncertainties, risks and assumptions, since they include information related to our potential or assumed future operating results, business strategy, financing plans, competitive position in the market, industry environment, potential growth opportunities and the effects of future regulations and competition. In addition, forward-looking statements refer only to the date on which they were made and should not be taken as a guarantee of future performance. Providncia is under no obligation to update this presentation with new information and/or future events .16