DOHL4: quote, dividends and indicators for Dohler

Döhler S.A. is one of the most traditional companies in the Brazilian textile sector, dating back to December 6, 1881, when it was founded by Carl Gottlieb Döhler in Santa Catarina. The founder, a weaving officer from Saxony, Germany, started the business with a wooden loom, producing the first meters of fabric in the country. Ten years after its founding, the company was already importing its first iron loom from England, a piece of equipment that is now part of the company’s museum collection and symbolizes the early incorporation of technology into its production process. Over the course of the 20th century, the company underwent changes in name and corporate structure, becoming a corporation in 1955 under the name Döhler S.A. Comércio e Indústria, and going public in 1973. The company’s shares, currently traded on B3 under the tickers DOHL4 and DOHL3, reflect the continuation of a trajectory marked by gradual expansion of production capacity and diversification of its product line.

Döhler’s corporate history includes business reorganization movements and vertical integration within the textile sector. In 1973, its subsidiary Comfio – Companhia Catarinense de Fiação was formed, focused on yarn production, strengthening the supply of inputs for its own industrial operations. In 1997, the corporate name was simplified to Döhler S.A., reflecting the consolidation of the brand in the market. In 2021, the company merged its subsidiary Comfio, definitively internalizing spinning operations into its structure. Subsequently, in 2026, it acquired its subsidiary Omnitek S.A., located in Paraguay, expanding its production and geographic presence in the South American regional context. These moves reinforce Döhler’s integrated industrial profile, focused on textile manufacturing and the coordination of different stages of the value chain.

Döhler’s activities cover a wide range of textile products, with operations in various domestic and institutional use segments. The company manufactures items for the bedding, table, bath, and kitchen segments, as well as decorative products such as curtains and specific fabrics for residential and commercial environments. Over recent decades, the product line has been expanded to include printed goods, terry fabrics, fabrics for blinds, and professional fabrics. This diversification allows the company to serve both end consumers and specialized demand from sectors such as healthcare, tourism, education, and professional clothing. The company also produces cotton and synthetic yarns, reinforcing integration of the production chain from spinning through to the manufacture of finished items for different applications.

In terms of markets served, Döhler directs most of its production to the Brazilian domestic market but maintains a relevant presence in foreign trade. Net operating revenue is predominantly generated in Brazil, which accounted for approximately 92.9% of net operating revenue in 2025. Exports are mainly distributed to South American countries, with emphasis on Mercosur markets, as well as the United States and European countries. In 2025, South America accounted for around 6.5% of net operating revenue and the United States for around 0.6%, with other destinations representing a residual share. This breakdown illustrates a business model centered on the Brazilian market but with international exposure that complements domestic demand and exposes the company to foreign exchange and foreign trade dynamics.

Döhler’s customer base is highly diversified, without significant concentration in any single buyer or economic group. There are no customers individually accounting for more than 10% of net revenue, which reduces dependence on large specific contracts and dilutes commercial risk. The company serves both retail, through products targeted at the end consumer, and institutional sectors such as hotel chains, hospitals, schools, and companies that require technical fabrics and workwear. Sales are made through different distribution channels, including sales to the domestic market and export operations, with revenue primarily arising from the sale of manufactured products and resale of goods. Management evaluates operating performance on a consolidated basis, without disclosing information by operating segment, consistent with the view that the business is managed in an integrated manner.

From a regulatory standpoint, Döhler is subject to legislation applicable to the industrial sector and foreign trade activities. The company depends on obtaining and maintaining authorizations, licenses, and registrations from relevant public authorities to operate its industrial units and conduct its activities, which includes sanitary, labor, tax, environmental, and safety aspects. These authorizations are obtained and renewed in the normal course of business, with no record of material impediments to operational continuity. In the field of international trade, the company also complies with regulations related to exports and is exposed to foreign exchange fluctuations arising from transactions with South American countries, the United States, and Europe. To date, this foreign exchange exposure is monitored as part of routine financial procedures, with no indication of material impacts on overall operations.

Environmental, social, and corporate governance management has a formal place in Döhler’s information disclosure structure. The company periodically publishes a sustainability report on its institutional website at www.dohler.com.br, based on the Global Reporting Initiative (GRI) guidelines and taking into account the 2030 Agenda and the UN Sustainable Development Goals (SDGs). This report presents ESG strategy, governance, and indicators, including topics such as environmental management, supply chain, ethical conduct, risk management, and people management. Environmental and social information is produced largely from internal data and from financial statements audited by an independent auditor, in accordance with regulations applicable to publicly traded companies listed on B3. Nevertheless, the sustainability report itself does not, as of the indicated date, follow the specific recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).

In the environmental sphere, Döhler conducts an inventory of greenhouse gas emissions using a recognized methodology, covering direct and indirect emissions associated with energy consumption. Detailed information on this inventory and other sustainability initiatives is disclosed in the sustainability report, reflecting monitoring of the environmental impacts of its industrial operations. Regarding environmental and social obligations required by Brazilian law, the company states that it complies with applicable regulations in the normal course of its activities, with no record of material non-compliance that has significantly affected the business. There is no dependence on patents, concessions, franchises, or royalty contracts considered individually essential to the development of operations, which suggests a business model based on industrial capacity, process technology, and a well-established brand rather than on specific intellectual property assets.

Döhler’s presence on B3, with shares DOHL4 and DOHL3, places the company among Brazilian publicly traded companies with an industrial tradition and a solid presence in the textile sector. The combination of an integrated operation, a diversified portfolio of products for bedding, table, bath, decor, and professional fabrics, and operations in different geographic markets characterizes the company’s business model. A diversified customer base, the predominance of revenue in the domestic market, and complementary participation in foreign trade make up the context in which the company conducts its activities, in compliance with sector regulations and sustainability practices aligned with international benchmarks.