Suzano S.A.(SUZ)

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Suzano S.A.(SUZ) - 2022 Q3 - Earnings Call Transcript
2022-10-28 23:30
Financial Data and Key Metrics Changes - The company reported an EBITDA of BRL 859 million for Q3 2022, representing a 58% increase year-over-year, achieving new all-time highs for the Paper and Packaging business unit [7] - The average net price during the quarter was 13% higher than Q2 and 43% higher than the same quarter last year, with margins expanding by 6 percentage points to an all-time high of 43% [6] - The cash production cost, excluding downtimes, stood at BRL 18 per ton, a slight increase of 3% from the previous quarter [21] Business Line Data and Key Metrics Changes - The Paper and Packaging business unit achieved its best quarter ever, with strong demand for print and writing papers and cartonboard, leading to a new best quarter EBITDA [2] - Sales volumes for the Pulp business reached 2.8 million tons in Q3 2022, exceeding previous quarters despite historically lower seasonality [11] - Domestic sales accounted for 71% of total sales in the quarter, totaling 211,000 tons, a 1% increase year-over-year [6] Market Data and Key Metrics Changes - Demand for print and writing papers in Brazil increased by 8.5% in the first two months of Q3 compared to the same period in 2021, driven by government programs and elections [4] - Paperboard demand showed a strong 11.7% increase in the same period, indicating robust market conditions [5] - In China, production in segments related to BHKP, such as tissue and printing, increased by 7% year-to-date compared to 2021 [17][18] Company Strategy and Development Direction - The company is focused on integrating the recently acquired Kimberly-Clark tissue business and plans to build a new tissue plant in Aracruz, pending board approval [30][31] - The company aims to reduce price volatility through various pricing schemes, including cap and floor agreements, to stabilize order chains [49][50] - The Cerrado project is on time and on budget, with 31% physical progress and 24% financial progress, indicating a commitment to future growth [28] Management's Comments on Operating Environment and Future Outlook - Management noted improvements in international logistics, which are expected to ease supply imbalances seen in the previous year [9] - The company anticipates strong paper demand in Brazil during Q4 and supportive demand in main export markets [9] - There is recognition of macroeconomic uncertainties, particularly related to the Russia-Ukraine war, but demand for pulp remains strong in Europe and North America [16] Other Important Information - The company maintained a net debt of $10.7 billion while returning $700 million to shareholders through dividends and share buybacks [25] - The company has increased its cash flow hedges to take advantage of rising interest rates in Brazil [26] Q&A Session All Questions and Answers Question: Outlook for Europe vs. China in 2023 - Management acknowledged uncertainty in supply and demand fundamentals for 2023, with expectations of global hardwood pulp demand growth despite potential slowdowns in Europe [35][38] Question: Pulp Prices and Long-term Strategy - Management believes that supply curtailments are supporting high pulp prices and that they are exploring various avenues for future growth, including organic growth and niche products [42][44] Question: Production and Volume Outlook - Management does not expect to increase inventories in Q4 2022 due to full order books and plans to manage maintenance downtimes strategically [47][48] Question: Kimberly-Clark Acquisition Details - Management refrained from disclosing specific financial details about the acquisition but emphasized the expected synergies and smooth integration due to existing experience in the tissue business [54][55] Question: Price Realizations and Supply/Demand in China - Management confirmed that price realization dynamics are expected to remain favorable, with tight supply conditions in China despite recent price fluctuations [60][62] Question: Domestic and Export Demand for Paper - Management reported solid demand in both domestic and Latin American markets, with expectations for a strong fourth quarter driven by seasonal factors [66]
Suzano S.A.(SUZ) - 2022 Q3 - Earnings Call Presentation
2022-10-28 15:45
| --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------------------------------|-------|-------|-------|-------|-------|-------------------------------| | | | | | | | | | | | suz | | | | | | | | | SUZB LISTED NYSE B3 LISTED NM | | | | | | | | | | | | | | | suzano we plant the future | | | | | | | | | Earnings Conference Call 3Q22 | | | | | | -9- | | | | Disclaimer 2 | --- | --- | --- | |-------|-------|----------------------------------------------------------------------------------------------- ...
Suzano S.A.(SUZ) - 2022 Q3 - Quarterly Report
2022-10-27 21:04
Exhibit 99.1 Suzano S.A. Unaudited condensed consolidated interim financial information Nine-month period ended September 30, 2022 (In thousands of R$, unless otherwise stated) CONSOLIDATED BALANCE SHEET | | | September 30, | December 31, | | --- | --- | --- | --- | | | Note | 2022 | 2021 | | ASSETS | | | | | CURRENT | | | | | Cash and cash equivalents | 5 | 6,958,161 | 13,590,776 | | Marketable securities | 6 | 10,907,907 | 7,508,275 | | Trade accounts receivable | 7 | 8,664,852 | 6,531,465 | | Inventories ...
Suzano S.A.(SUZ) - 2022 Q2 - Earnings Call Transcript
2022-07-30 17:50
Suzano S.A. (NYSE:SUZ) Q2 2022 Results Conference Call July 28, 2022 9:00 AM ET Company Participants Aires Galhardo - Executive Management, Pulp Operation Fabio Oliveira - Executive Officer, Paper & Packaging Leonardo Grimaldi - Executive Officer, Commercial Pulp, People & Management Marcelo Bacci - CFO, IRO Walter Schalka - CEO Carlos Anibal - Executive Officer, Forestry, Logistics & Procurement Conference Call Participants Daniel Sasson - Itau BBA Thiago Lofiego - Bradesco BBI Leonardo Correa - Banco BTG ...
Suzano S.A.(SUZ) - 2022 Q2 - Earnings Call Presentation
2022-07-29 19:46
| --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------------------|-------|-------|-------|-------|-------|-------------------------------------| | | | | | | | | | | | suz SUZB LISTED | | | | | | | | | NYSE B3 LISTED NM | | | | | | suzano we plant the future Earnings | | | | | | | | | Conference Call 2Q22 | | | | | | -9- | | | | Disclaimer 2 | --- | --- | --- | |-------|-------|----------------------------------------------------------------------------------------------------------------------- ...
Suzano S.A.(SUZ) - 2022 Q2 - Quarterly Report
2022-07-27 21:07
Exhibit 99.1 Suzano S.A. Unaudited condensed consolidated interim financial information Six-month period ended June 30, 2022 (In thousands of R$, unless otherwise stated) CONSOLIDATED BALANCE SHEET | | | June 30, | December 31, | | --- | --- | --- | --- | | | Note | 2022 | 2021 | | ASSETS | | | | | CURRENT | | | | | Cash and cash equivalents | 5 | 7,712,081 | 13,590,776 | | Marketable securities | 6 | 12,337,762 | 7,508,275 | | Trade accounts receivable | 7 | 5,865,962 | 6,531,465 | | Inventories | 8 | 5,54 ...
Suzano S.A.(SUZ) - 2022 Q1 - Earnings Call Transcript
2022-05-07 20:22
Suzano S.A. (NYSE:SUZ) Q1 2022 Results Conference Call May 5, 2022 9:00 AM ET Company Participants Aires Galhardo - Executive Management, Pulp Operation Fabio Oliveira - Executive Officer, Paper and Packaging Leonardo Grimaldi - Executive Officer, Commercial Pulp, People & Management Marcelo Bacci - CFO, IRO Walter Schalka - CEO Conference Call Participants Cadu Schmidt - UBS Caio Ribeiro - Bank of America Carlos De Alba - Morgan Stanley Daniel Sasson - Itau BBA Leonardo Correa - BTG Pactual Marcio Farid - ...
Suzano S.A.(SUZ) - 2022 Q1 - Earnings Call Presentation
2022-05-06 02:33
suzano 8 th Brazil Investment Forum Apr 2022 2 Disclaimer This communication contains certain statements that are "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. Some of these forward-looking statements are identified with words like "believe," "may," "could," "would," "might," "possible," "will," "should," "expect," "intend," "plan," "anticipate," "estimate", "potential", "outlook" or "continue," the ne ...
Suzano S.A.(SUZ) - 2022 Q1 - Quarterly Report
2022-05-04 21:18
Suzano S.A. Unaudited condensed consolidated interim financial information Three-month period ended March 31, 2022 (In thousands of R$, unless otherwise stated) CONSOLIDATED BALANCE SHEET | | | March 31, | December 31, | | --- | --- | --- | --- | | ASSETS | Note | 2022 | 2021 | | CURRENT | | | | | Cash and cash equivalents | 5 | 9,797,437 | 13,590,776 | | Marketable securities | 6 | 9,047,064 | 7,508,275 | | Trade accounts receivable | 7 | 4,515,673 | 6,531,465 | | Inventories | 8 | 5,133,522 | 4,637,485 | ...
Suzano S.A.(SUZ) - 2021 Q4 - Annual Report
2022-04-29 21:04
Commission file number 001-38755 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended DECEMBER 31, 2021 Suzano S.A. (Exact name of Registrant as specified in its charter) Suzano Inc. (Translation of Registrant's name into English) Federative Republic of Brazil (Jurisdiction of incorporation or organization) Av. Professor Magalhães Neto, 1,752 10th Fl ...