Duratex's profit decreases 56%

The manufacturer posted a profit of $ 57.6 million in the second quarter of 2014, fall of 56% in comparison with R $ 130,6 million gain recorded a year earlier. The company's Chairman, Antonio Joaquim de Oliveira, said that the search for cost control was a priority for the company, with a reduction in Wood Division meant, with lower prices between the months of April, may and June. According to the Executive, the company has sought increased productivity and the setting for the third quarter is beginning of recovery of banks, without expectation of price falls. The last week of July already pointed out signs of sales recovery of Wood Division and Deca brand. (Economic Value)