Suzano S.a. · BMFBOVESPA:SUZB3
Suzano — Q1 2019 Earnings Presentation
10 slides from Suzano's earnings presentation, May 10, 2019
Slide 1: Earnings Conference Call
SUZGNO Earnings Conference Call
Slide 2: Volatility management strategy and resilient results
Volatility management strategy and resilient results 3 HIGHLIGHTS Adjusted EBITDA/ton¹ - pulp: R$ 1,480 Adjusted EBITDA/ton – paper: R$ 1,145 Operating Cash Generation2: R$ 1.8 billion 1 Excluding the volume related to Klabin sales 2Operating cash generation = Adjusted EBITDA less maintenance capex.
Slide 3: Volatility management strategy and resilient results
Volatility management strategy and resilient HIGHLIGHTS [Geigy Ld & svzano Net average export price - pulp: US$ 711/t Adjusted EBITDA/ton’ - pulp: RS 1,480 (4 Adjusted EBITDA/ton — paper: R$ 1,145 Operating Cash Generation?: R$ 1.8 billion ad Financial leverage (US$)*: 3.3x F x Synergies being captu
Slide 4: Paper
Paper Favorable margin performance, even with concentrated annual maintenance downtimes Paper Production Paper Sales mBrazil_ m Exports 1155 1172 Adjusted EBITDA from Paper 1326 1145 pms 921
Slide 5: Pulp cash cost: 1Q19 vs. 4Q18 and 1Q18
Cash cost of pulp¹ - 1Q19 vs. 4Q18 (ex-downtimes – R$/ton) Pulp Cash cost pressured by lower production volume and wood supply mix 6 Cash cost of pulp1 – 1Q19 vs. 1Q18 (ex-downtimes – R$/ton) 1For 4Q18 and 1Q18 data is pro forma, considering the sum of the results of the companies, or weighted, when
Slide 6: Pulp
Pulp Cash cost pressured by lower production volume and wood supply mix Cash cost of pulp’ - 1019 vs. 4Q18 (ex-downtimes ~ RSiton 14 a 38 667 i) (10) — a hing 140 ‘Pup AChomcals AFued Cost Energy 1018 Cash Pulp AChemicalsAFixed Cost A Energy Pulp =Chemicals mFixed Cost Energy
Slide 7: Strong Liquidity Position and Adequate Debt Profile
Strong Liquidity Position and Adequate Debt Profile Net Debt and Leverage Amortization Schedule: Average Cost (US$)*: 4.7% p.a. Average Term: 75 months 52,168 53,806 9,907 13.464 15,808 is g a |
Slide 8: Adjustment of production to meet demand and manage inventory levels
Adjustment of production to meet demand and manage inventory levels 9 Maximization of NPV in the long term Preservation of more productive forest base Wood supply mix management Gradual implementation during the year 1Production capacity depending on conditions of global pulp market. Estimated Marke
Slide 9: Adjustment of production to meet demand and manage inventory levels
Adjustment of production to meet demand and manage inventory levels Maximization of NPV in the long term Estimated Market Pulp Production in 2019" Preservation of more productive forest base 9.0 - 9.4 Wood supply mix management million tons Gradual implementation during the year
Slide 10: Investor Relations
SUZONO Investor Relations www.suzano.com.br/ir ri@suzano.com.br