Suzano S.a. · BMFBOVESPA:SUZB3
Suzano — Q3 2024 Earnings Presentation
10 slides from Suzano's earnings presentation, Oct 25, 2024
Slide 1: Earnings Conference Call 3Q24
Earnings Conference Call 3Q24
Slide 2: Disclaimer
Disclaimer 2 This presentation contains what are considered “forward-looking statements,” as defined in Section 27A of the 1933 Securities Act and Section 21E of the 1934 Securities Exchange Act, as amended. Some of these forward-looking statements are identified with words such as “believe,” “may,”
Slide 3: EBITDA benefited by FX, higher sales volume and strong performance of Ribas Unit 3
EBITDA benefited by FX, higher sales volume across all businesses and strong performance of the new Ribas do Rio Pardo Unit 3 HIGHLIGHTS Adjusted EBITDA: Liquidity3 : 2.6 million tons (vs. 2.5 million tons 2Q24 and 2.5 million tons 3Q23) Pulp: 295 thousand tons (vs. 270 thousand tons 2Q24 and 272 th
Slide 4: Paper and Packaging Business
2,182 732 409 1,141 176 178 200 96 92 95 272 270 295 Paper Sales¹ (‘000 tons) Average Net Price (R$/ton) 4 3Q23 2Q24 3Q24 LTM 3Q243Q23 2Q24 3Q24 Paper Adjusted EBITDA and EBITDA Margin² R$ MM R$/ton Margin % PAPER AND PACKAGING BUSINESS Strong commercial and logistics execution drives volumes and EB
Slide 5: Pulp Business
10,342 2,912 5,537 5,697 1,172 2,176 2,162 18,893 1,827 PULP BUSINESS 3Q23 2Q24 3Q24 LTM 3Q24 3Q23 2Q24 3Q24 LTM 3Q24 Average FX R$4.88 R$5.21 R$5.55 R$5.17 Results sustained by initial sales from the Ribas mill and FX 5 R$ MM R$/ton Margin % 3Q23 2Q24 3Q24 US$ BRL 44% 60% 58% 55% LTM 3Q24 Sales Vol
Slide 6: Pulp Cash Cost 3Q24 vs. 2Q24 and 3Q23
180 351 185 364 364 347 (34) 3Q23 (17) Wood Input 5 Fixed Cost 1 Energy 19 FX (33) 3Q24 861 863 (6) 0% 189 337 364 333 347 (31) 2Q24 14 Wood 18 Input (4) Fixed Cost (2) Energy 9 FX (33) 3Q24 828 863 185 +4% PULP BUSINESS Pulp Cash Cost – 3Q24 vs. 2Q24 (ex-downtimes – R$/ton) Pulp Cash Cost – 3Q24 vs
Slide 7: Ribas do Rio Pardo Unit
RIBAS DO RIO PARDO UNIT High efficiency in performance on the learning curve is already leading to a reduction in consolidated cash cost 863 43 25 932 3Q24 Start-up Ribas Downtimes effect Cash Cost (ex- downtime) Cash cost with downtimes (R$/ton) Learning curve progress Total capex timeline (R$ bill
Slide 8: Financial Management
(11,974) Net Debt Jun. 2024 508 Capital for Allocation¹ (391) Capex ex- maintenance² 60 Derivative cash adjustments (11,797) Pro-forma Set. 2024 (634) (450) Share buyback (12,881) Net Debt Set. 2024 2.6 3.5 3.2 2.7 3.2 3.1 2.8 3.2 0.1 1.5 1.5 1.6 1.5 1.3 1.2 5.7 9.9 Net Debt (US$ million) 8 Jun/24Se
Slide 9: Investor Day 2024 and Takeaways
Investor Day 2024 SP 12.12.24 C-Level presentation + Q&A MS 12.13.24 SITE VISIT (Ribas do Rio Pardo) Takeaways 9 o Execution and financial risks of our largest investment cycle ever are behind us, kicking off a new cycle of stronger competitiveness and cash generation o Increased resilience in any p
Slide 10: Q&A 3Q24 Investor Relations
Q&A 3Q24 Investor Relations ir.suzano.com.br ri@suzano.com.br