Suzano SA

SUZ

Equity

ISIN US86959K1051 / Valor 1957082

New York Stock Exchange, Inc (2024-12-26)

USD 10.07-0.40%

Suzano SA
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About company

Suzano SA is a leading global producer of sustainable products derived from the cultivation of eucalyptus. The company operates in the bioeconomy sector, focusing on renewable products that aim to address societal challenges such as climate change by offering alternatives to fossil-based materials. These products range from fuel to textiles. With over 40,000 employees and contractors, Suzano prides itself on a culture of collaboration, respect, and innovation. The company has a century-long history of pioneering in its field, combining sustainability with technological advancement. Suzano's business encompasses the development, production, and marketing of a wide array of paper and pulp products, positioning itself as a key player in the global paper and cellulose industry.

Summarized from source with an LLMView SourceSector: Non-Energy Materials

Pulp Sales Growth

In the third quarter of 2024 (3Q24), Suzano S.A. reported a significant increase in pulp sales, reaching 2,635 thousand tons. This represents a 6% growth compared to the same quarter in the previous year (3Q23). The increase in sales volume was a key factor contributing to the company's overall financial performance during this period.

Paper Sales Increase

Suzano S.A. also experienced a notable rise in paper sales during 3Q24, with a total of 360 thousand tons sold. This marks a 9% increase compared to 3Q23. The growth in paper sales was driven by strategic market allocation and seasonal factors, which helped maintain stable pricing in this segment.

Adjusted EBITDA Performance

For 3Q24, Suzano S.A. reported an adjusted EBITDA of R$6.5 billion, reflecting a strong operational performance. The adjusted EBITDA margin stood at 53%, which is a 12 percentage point improvement compared to 3Q23. This increase was supported by higher sales volumes and favorable exchange rate movements.

Net Revenue Surge

Suzano S.A.'s net revenue for 3Q24 reached R$12,274 million, representing a 37% increase compared to the same quarter in the previous year. The surge in net revenue was primarily driven by increased sales volumes in both the pulp and paper segments, as well as the positive impact of currency fluctuations.

Leverage and Debt Management

During 3Q24, Suzano S.A. maintained a leverage ratio of 3.1 times in USD and 3.2 times in BRL. The company continued to focus on effective debt management, completing the acquisition of a minority stake in Lenzing and related land and forestry assets, which aligns with its strategic growth initiatives.

Summarized from source with an LLMView Source

Key figures

-11.9%1Y

-5.18%3Y

0.90%5Y

Performance

30.8%1Y

32.3%3Y

41.1%5Y

Volatility