Beto Abreu
CEO
Replay available
Suzano S.A. (NYSE: SUZ) Q1 2025 earnings conference call, held 2025-05-09. Replay captured from the company's public earnings webcast.

CEO
JP Morgan Analyst
Bradesco BBI Analyst
Itaú BBA Analyst
UBS Analyst
Bank of America Analyst
Goldman Sachs Analyst
Morgan Stanley Analyst
Ladies and gentlemen, thank you for holding and welcome to Suzano's conference call to discuss the results for the first quarter of 2025. We would like to inform that all participants will be in a list-and-only mode during the presentation that will be addressed by the CEO, Mr. Beto Abreu, and other executive officers. This call will be presented in English with simultaneous translation to Portuguese. To change the audio, you can press the globe icon on the lower right side of your Zoom screen and then choose to enter Portuguese room. After that, you can select Mute Original Audio. Before proceeding, please be aware that any forward-looking statements are based on the beliefs and assumptions of Susana's management and on information currently available to the company. They involve risks, uncertainties and assumptions because they relate to future events and, therefore, depend on circumstances that may or may not occur in the future. You should understand that general economic conditions, industry conditions and other operating factors could also affect the future results of SUSANO and could cause results to differ materially from those expressed in such forelooking statements. Now, I will turn the conference over to Mr. Beto Abril. Please, you may begin your presentation. Good morning, everyone, and thank you for attending the 2025 first quarter conference call. Suzana has presented a set of results for the poop and paper business, which are fully in line with our plan for the period. Inventory was rebuilt to normalize levels, despite the concentration of maintenance downtimes in the first quarter. And paper invoicing prices, cash cost performance, capex disbursement, and the main metrics of our balance sheets come as expected by the management. And the team will cov...