Penjualan 2020FY Tumbuh Diatas Target Menjadi IDR2,9tn (39% YoY)

Sidoarjo, 12 Maret, 2021

Perusahaan produsen produk kayu terintegrasi vertikal terbesar di Indonesia PT Integra Indocabinet Tbk (WOOD IJ) membukukan penjualan tahun 2020FY (unaudited) sebesar IDR2.9tn atau tumbuh 39% YoY yang berada di atas target perseroan sebelumnya sebesar IDR2,6tn.

IPada 4Q20, WOOD membukukan penjualan sebesar IDR1,08tn atau tumbuh 44,3% QoQ and 48,9% YoY yang merupakan penjualan kuartalan tertinggi. Pertumbuhan penjualan yang signifikan di dukung terutama oleh pertumbuhan permintaan pasar AS untuk furniture dan building component. Pertumbuhan permintaan tersebut dikarenakan penerapan tarif perang dagang, anti-dumping and anti-subsidy duty pada produk furniture and building component asal China, dan meningkatnya penjualan rumah di pinggiran kota.

Penjualan tahun 2020FY dikontribusi terutama oleh pasar ekspor dengan kontribusi sebesar 81,6% dan 18,4% dari pasar domestik. Penjualan ekspor tumbuh 72% YoY didukung terutama oleh penjualan pasar AS yang tumbuh signifikan sebesar 96% YoY.

Pada 28 Februari 2021, WOOD telah menerima order penjualan sebesar IDR1,8tn. Di awal tahun, Perseroan telah menerima order penjualan yang besar, oleh karena itu kita akan melihat trend ini akan terus berlanjut di bulan-bulan mendatang. Dari order penjualan yang diterima Perseroan, sekitar IDR929 miliar dijadwalkan untuk pengiriman di 1Q21 dengan sekitar IDR600 miliar telah dikirimkan dan dibukukan sebagai penjualan Perseroan pada 2M21. Oleh karena itu, penjualan Perseroan pada 2M21 telah melebihi penjualan 1Q secara historis (1Q21: IDR482 miliar). Perseroan berharap akan melihat pertumbuhan penjualan yang kuat pada 1Q21 dibandingkan periode 1Q20 tahun lalu.

Perseroan menargetkan penjualan tahun 2021 akan dapat tumbuh minimum 20% YoY dengan memanfaatkan kapasitas terpasangnya pada furniture (47.775cbm / tahun) dan building component (345.060cbm / tahun) dan memperluas pangsa pasarnya terutama di pasar AS, yang merupakan importir terbesar untuk produk furnitur dan building component.

About PT Integra Indocabinet Tbk:

Founded in 1989 in Sidoarjo, East Java, PT Integra Indocabinet Tbk is the largest vertically integrated wooden products manufacturer in Indonesia. Integra has established itself as the fastest growing furniture manufacturer with international and domestic accreditation. Integra promotes the use of sustainable resources and supports the livelihoods of local communities. The group employs over 2,500 team members across Indonesia.

For further information, please contact:
E-mail : corsec.integra@iil.co.id
Tel : (62 31) 891 0434
Website : www.integragroup-indonesia.com

This press release has been prepared by PT Integra Indocabinet Tbk (WOOD) and is circulated for the purpose of general information only. It is not intended for any specific person or purpose and does not constitute a recommendation regarding the securities of WOOD. No warranty (expressed or implied) is made to the accuracy or completeness of the information. All opinions and estimations included in this release constitute our judgment as of this date and are subject to change without prior notice. Integra disclaims any responsibility or liability whatsoever arising which may be brought against or suffered by any person as a result of reliance upon the whole or any part of the contents of this press release and neither Integra nor any of its affiliated companies and their respective employees and agents accepts liability for any errors, omissions, negligent or otherwise, in this press release and any inaccuracy herein or omission here from which might otherwise arise.

Forward-Looking Statements
Certain statements in this release are or may be forward-looking statements. These statements typically contain words such as “will”, “expects” and “anticipates” and words of similar import. By their nature, forward looking statements involve a number of risks and uncertainties that could cause actual events or results to differ materially from those described in this release. Factors that could cause actual results to differ include, but are not limited to, economic, social and political conditions in Indonesia; the state of the property industry in Indonesia; prevailing market conditions; increases in regulatory burdens in Indonesia, including environmental regulations and compliance costs; fluctuations in foreign currency exchange rates; interest rate trends, cost of capital and capital availability; the anticipated demand and selling prices for our developments and related capital expenditures and investments; the cost of construction; availability of real estate property; competition from other companies and venues; shifts in customer demands; changes in operation expenses, including employee wages, benefits and training, governmental and public policy changes; our ability to be and remain competitive; our financial condition, business strategy as well as the plans and objectives of our management for future operations; generation of future receivables; and environmental compliance and remediation. Should one or more of these uncertainties or risks, among others, materialize; actual results may vary materially from those estimated, anticipated or projected. Specifically, but without limitation, capital costs could increase, projects could be delayed and anticipated improvements in production, capacity or performance might not be fully realized. Although we believe that the expectations of our management as reflected by such forward-looking statements are reasonable based on information currently available to us, no assurances can be given that such expectations will prove to have been correct. You should not unduly rely on such statements. In any event, these statements speak only as of the date hereof, and we undertake no obligation to update or revise any of them, whether as a result of new information, future events or otherwise.