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Suzano S.A. (symbol: SUZ) is a leading Brazilian producer of paper and pulp with a significant presence in over 80 countries, making it the largest paper and pulp company in Latin America and one of the largest globally. Headquartered in Salvador, Suzano S.A. also maintains offices in major cities such as São Paulo, Buenos Aires, Fort Lauderdale, London, Shanghai, and Signy-Avenex.
The company primarily operates in two segments: Pulp and Paper. The Pulp segment is the principal revenue generator, contributing significantly to the company's financial health. Suzano's product portfolio is diverse, featuring printing and writing paper, paperboard, diapers, and sanitary napkins. The company owns extensive forest land in Brazil, where it manages timber harvesting operations, subsequently transforming the timber into pulp and paper at its facilities.
Recent achievements include strategic partnerships and ongoing projects that aim to enhance sustainability and innovation within the sector. For instance, Suzano has recently collaborated with Woodspin to further its commitment to sustainable practices. The company also actively engages in research and development to improve the efficiency and environmental impact of its production processes.
Suzano S.A. is financially robust, with a solid market presence and strong revenue streams from its core operations. The company continues to leverage its extensive industry experience, strategic partnerships, and commitment to sustainability to maintain its leadership position in the global pulp and paper market.
Suzano, a leader in eucalyptus pulp production, unveiled its innovative fluff pulp, Eucafluff, at Index 20 in Geneva on October 19-20. Developed over 15 years, Eucafluff is the world’s first 100% eucalyptus fluff, highlighted for its lower environmental footprint compared to pine fluff. With 75% of its sales in international markets, especially Asia, Eucafluff is gaining traction among major hygiene product manufacturers. The product offers superior absorption and comfort, promising significant savings in packaging materials, ultimately benefiting both consumers and producers.
Suzano, a leading eucalyptus pulp and paper producer, has joined the Business Ambition for 1.5°C and the Science Based Target Initiative (SBTi). This commitment aims to reduce greenhouse gas emissions and transition to a low-carbon economy, contributing to the Race to Zero campaign endorsed by the United Nations. The company has already set 14 long-term public goals aimed at enhancing its sustainability efforts. Within two years, Suzano plans to align its emission reduction objectives with SBTi’s scientific targets, furthering its decarbonization journey through product innovation and renewable energy investments.
Suzano reported a strong operating cash generation of R$4.9 billion in 2Q21, a 47% increase year-on-year, marking the best quarterly performance since the merger in January 2019. The growth was fueled by robust pulp sales totaling 2.5 million tons and paper sales of 296,000 tons, leading to net revenue of R$9.8 billion. Adjusted EBITDA reached R$5.9 billion, up 42% from last year. The company also noted a decrease in leverage, with net debt/adjusted EBITDA at 3.3x. Suzano announced plans for a major new pulp mill in Brazil, alongside significant ESG initiatives.
Suzano, a leading eucalyptus pulp and paper producer, announced a long-term biodiversity conservation target on 25 June during its inaugural ESG Investor Presentation. The company aims to connect 500,000 hectares of conservation areas in Brazil’s Cerrado, Amazon, and Atlantic Forest biomes by 2030. This initiative, based on extensive consultations with over 50 stakeholders, will create biodiversity corridors to reverse habitat fragmentation. The project seeks to protect endangered species and enhance environmental management while fostering community development and income opportunities.
Suzano has announced plans to build a new eucalyptus pulp plant in Ribas do Rio Pardo, Mato Grosso do Sul, with an annual capacity of 2.3 million tons. Named the Cerrado Project, it represents a R$14.7 billion investment, increasing the company’s pulp production by 20% to a total of 10.9 million tons. The project aims to create 10,000 jobs during construction and 3,000 permanent positions post-completion. Additionally, the facility will introduce Brazil's first fossil-fuel free pulp plant and supply surplus energy to the grid, enhancing eco-efficiency.
Suzano, a leader in bioproducts from eucalyptus, reported a remarkable operating cash generation of R$3.9 billion in 1Q21, a 65% increase from 1Q20, marking the highest quarterly result since its inception in 2019. This strong performance was driven by robust sales volumes and rising international pulp prices. The company announced plans for a new pulp plant in Ribas do Rio Pardo, requiring R$14.7 billion in investments. Additionally, adjusted EBITDA reached R$4.9 billion, with financial leverage decreasing to 3.8 times. However, a noncash net loss of R$2.8 billion was recorded due to currency fluctuations.
Suzano S.A. (B3: SUZB3 | NYSE: SUZ) has filed its 2020 Annual Report on Form 20-F with the U.S. SEC. Stakeholders can request hard copies, including audited financial statements, by contacting the company. The report is also available on Suzano's investor relations website. With over 97 years of history, Suzano is a leader in eucalyptus pulp production and operates 11 mills in Brazil, with an annual capacity of 10.9 million tons of market pulp and 1.4 million tons of paper. The company emphasizes sustainability and innovation.
Suzano reported robust financial results for 4Q20 and fiscal year 2020, achieving operating cash generation of R$ 3 billion in the quarter and R$ 11.5 billion for the year, reflecting a 63% increase over 2019. Adjusted EBITDA rose to R$ 4 billion in 4Q20 and R$ 15 billion for the year, up 39%. Strong pulp sales of 10.8 million tons, a 15% increase, boosted total sales by 12% to 12 million tons. The leverage ratio improved from 4.9 to 4.3, highlighting effective debt management.