Suzano S.a. · BMFBOVESPA:SUZB3
Suzano — Corporate Update (April 2020)
16 slides from Suzano's corporate update, Apr 9, 2020
Slide 1: Conference Call – Update on Covid-19, April 09, 2020
Conference Call – Update on Covid-19April 09, 2020
Slide 2: Management Focus, Financial Highlights, Pulp & Paper Market
o Management Focuso Financial Highlightso Pulp & Paper Market
Slide 3: Management Focus, Financial Highlights, Pulp & Paper Market
o Management Focuso Financial Highlightso Pulp & Paper Market
Slide 4: Covid-19 context: People, Society, Business continuity
on Covid-19 contextPeopleSocietyBusinesscontinuity4
Slide 5: Actions to care for our People
to care for our PeopleHome office (except for activities that requires on-site presence)Cancellation of events, trips, visits to the mills and face- to-face meetingsRemoval of pregnants, patients with chronic diseases and people over 60 yearsIncreased of cleaning and sanitizing common areasMaintenan
Slide 6: Actions to care for our People
to care for our PeopleHome office (except for activities that requires on-site presence)Cancellation of events, trips, visits to the mills and face- to-face meetingsRemoval of pregnants, patients with chronic diseases and people over 60 yearsIncreased of cleaning and sanitizing common areasMaintenan
Slide 7: Actions to care for our People
to care for our PeopleHome office (except for activities that requires on-site presence)Cancellation of events, trips, visits to the mills and face- to-face meetingsRemoval of pregnants, patients with chronic diseases and people over 60 yearsIncreased of cleaning and sanitizing common areasMaintenan
Slide 8: Management Focus, Financial Highlights, Pulp & Paper Market
o Management Focuso Financial Highlightso Pulp & Paper Market
Slide 9: Liquidity and long-term debt profile
and long-term debt profile1Q20 initiativesLiquidity and Debt Profile (US$ billion) – Pro Forma1Roll-over of EPPs • US$750 M paid down (~1.5 year) • US$850 M issued (~5 years) • Same costMake-whole of 2021 bond (US$190 M)Withdraw of US$500 M RCF • Effective April 1st, 2020 • Cost: LIBOR + 1.3% p.y.RC
Slide 10: FX hedging benefits cash generation
benefits cash generationEBITDA~R$500 M benefit for each R$/US$0.10 depreciationZero-Cost CollarsConsistent strategy and rolling positionSensitivity analysis on FX (R$/US$ 4.0307 on 12/31/2019) - R$ billionFX level 4.50 5.00 5.5020201 2021 20201 2021 20201 2021Average strikes of ZCCs (R$/US$) 5.48 5.
Slide 11: Management Focus, Financial Highlights, Pulp & Paper Market
o Management Focuso Financial Highlightso Pulp & Paper Market
Slide 12: Pulp demand growth amid paper segment contraction
demand growth amid the perspective of paper segment contractionSuzano Pulp Revenues by end-use 2019 and 2020 trends:3% Others16% SpecialtiesPositive for packaging: Increase driven by e-commerce and food deliveryPositive in all regionsNegative for decorative papers, but better view on at-home consump
Slide 13: Pulp demand growth amid paper segment contraction
demand growth amid the perspective of paper segment contractionSuzano Pulp Revenues by end-use 2019 and 2020 trends:3% Others16% SpecialtiesPositive for packaging: Increase driven by e-commerce and food deliveryPositive in all regionsNegative for decorative papers, but better view on at-home consump
Slide 14: Pulp demand growth amid paper segment contraction
demand growth amid the perspective of paper segment contractionSuzano Pulp Revenues by end-use 2019 and 2020 trends:3% Others16% SpecialtiesPositive for packaging: Increase driven by e-commerce and food deliveryPositive in all regionsNegative for decorative papers, but better view on at-home consump
Slide 15: Pulp demand growth amid paper segment contraction
demand growth amid the perspective of paper segment contractionSuzano Pulp Revenues by end-use 2019 and 2020 trends:3% Others16% SpecialtiesPositive for packaging: Increase driven by e-commerce and food deliveryPositive in all regionsNegative for decorative papers, but better view on at-home consump
Slide 16: Pulp demand growth amid paper segment contraction
demand growth amid the perspective of paper segment contractionSuzano Pulp Revenues by end-use 2019 and 2020 trends:3% Others16% SpecialtiesPositive for packaging: Increase driven by e-commerce and food deliveryPositive in all regionsNegative for decorative papers, but better view on at-home consump