Suzano S.A. · BMFBOVESPA:SUZB3
Suzano — Q3 2009 Earnings Presentation
10 slides from Suzano's earnings presentation, Oct 26, 2009
Slide 1: 3Q09 Consolidated Results
3Q09 Consolidated Results October 26th, 2009
Slide 2: Highlights 3Q09
Highlights 3Q09 • Paper and market pulp production of 660 ktons, 2.1% and 4.9% lower than in 2Q09 and 3Q08 • Sales volume of 661 ktons: 399 ktons of pulp and 262 ktons of paper • Net revenue of R$ 891 MM • Pulp production cash cost1 of R$ 373/ton • EBITDA of R$ 218 MM, with EBITDA margin of 24.4% •
Slide 3: Pulp Business Unit 3Q09
Pulp Business Unit Growth in global demand: 3Q09 vs. 2Q09 3Q09 vs. 3Q08 9M09 vs. 9M08 Market pulp: +1.7% +9.2% -0.1% BEKP: -0.1% +28.3% +17.4% Global inventories: 26 days – below the historical average of 33 days Price 2 increases announced for Oct/09 (+US$ 50/t) and Nov/09 (+US$ 50/t) Suzano’s pulp
Slide 4: Pulp Business Unit
Pulp Business Unit Pulp sales (ktons) Pulp sales destinations 3Q09 Brazil 1,367.6 17.3% South/Central 991.0 America Asia 1.4% 37.9% 1,180.4 North America 547.6 6.8% 810.9 399.0 290.7 482.7 330.1 229.7 187.2 180.1 Europe 68.9 64.9 61.0 36.6% 3Q09 2Q09 3Q08 YTD09 YTD08 Domestic market Exports Total 39
Slide 5: Paper Business Unit 3Q09
Paper Business Unit Seasonal demand and government purchases for PNLD1 boost domestic paper market in 3Q092: 3Q09 vs. 2Q09 3Q09 vs. 3Q08 9M09 vs. 9M08 P&W3: +20.0% +1.5% -3.7% Paperboard: +19.5% +0.2% -9.2% Stronger Real contributes to higher P&W imports (22.6% vs. 16.5% in 2Q09) Lower Brazilian exp
Slide 6: Paper Business Unit
Paper Business Unit Paper sales (ktons) Paper sales destinations 3Q09 Other 859.5 8.9% 808.7 Europe 9.5% 372.3 386.6 North America 313.7 305.7 10.4% 262.0 107.7 168.4 124.5 422.1 487.1 Brazil South/Central 154.3 145.3 181.2 58.9% America 12.3% 3Q09 2Q09 3Q08 YTD09 YTD08 Domestic market Exports Total
Slide 7: 3Q09 Results
3Q09 Results % % Results 3Q09 2Q09 3Q08 3Q09/2Q09 3Q09/3Q08 Sales volume (000 tons) 661 861 596 -23.3% 10.8% Paper volume domestic market (000 tons) 154 145 181 6.2% -14.8% Pulp volume exports (000 tons) 330 483 230 -31.6% 43.7% Net revenue - R$ million 891 1,099 990 -19.0% -10.0% Net income - R$ mi
Slide 8: 9M09 Results
9M09 Results % Results 9M09 9M08 YTD09/YTD08 Sales volume (000 tons) 2,176 1,850 17.6% Paper volume domestic market (000 tons) 422 487 -13.4% Pulp volume exports (000 tons) 1,180 811 45.6% Net revenue - R$ million 2,933 2,963 -1.0% Net income - R$ million 742 43 1615.8% EBITDA - R$ million 766 1,087
Slide 9: Key Messages
Key Messages Signs of demand recovery in pulp and paper markets: • Paper: higher demand in Brazilian P&W and paperboard markets • Pulp: reduction in global producers inventories and new price increases Focus on operational performance: • Average price increase (in Brazilian Reais) vs. 2Q09 • Paper (
Slide 10: Investor Relations
Investor Relations www.suzano.com.br/ri 55 11 3503-9061 ri@suzano.com.br