Suzano S.A. (NYSE:SUZ ) Q1 2025 Earnings Conference Call May 9, 2024 8:30 AM ET Company Participants Beto Abreu - CEO Fabio Oliveira - Executive Vice-President-Paper and Packaging Leo Grimaldi - EVP, Pulp Commercial & Logistics Aires Galhardo - EVP of Pulp, Operations Engineering & Energy Marcos Assumpcao - Chief Financial & Investor Relations Officer Conference Call Participants Rodolfo De Angele - JPMorgan Rafael Barcellos - Bradesco BBI Daniel Sasson - Itau Bebea Caio Greiner - UBS Caio Ribeiro - Bank of America Marcio Farid - Goldman Sachs Eugenia Cavalheiro - Morgan Stanley Operator Ladies and gentlemen, thank you for holding, and welcome to Suzano's Conference Call to Discuss the Results for the First Quarter of 2025.

Suzano faced cash cost pressures from maintenance downtime, but Cerrado volumes and favorable supply effects helped defend against declining pulp prices. Key highlights include a 6% net debt decline on a quarterly basis which demonstrates the fast deleveraging rate. Higher wood and logistics costs impacted margins in addition to downtime, but some a positive vector to pulp cash costs will be inevitable with the end of latest maintenance.

SÃO PAULO--(BUSINESS WIRE)--Suzano, the world's largest pulp producer, announces its first quarter results for 2025 (1Q25) with record net revenue of R$11.6 billion, up 22% on the same quarter last year (1Q24). The result was driven by the exchange rates, increased pulp sales volumes from the new Ribas do Rio Pardo mill, higher paper volume and prices and the positive contribution from our paperboard mills recently acquired in the U.S. The record revenues occurred despite a series of planned do.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

SÃO PAULO--(BUSINESS WIRE)--Suzano S.A. (B3: SUZB3 | NYSE: SUZ) informs that its 2024 Annual Report on Form 20-F was filed today with the U.S. Securities and Exchange Commission. Holders of the Company's equity securities can receive hard copies of the Annual Report, including its audited financial statements, without charge by request directed to: [email protected]. This document is also available on Suzano's website (http://ir.suzano.com.br/). For further information, please contact our Invest.

Suzano benefits from lighter tariffs compared to EU and Indonesian pulp producers, enhancing its competitive edge in the US market as already one of the lowest-cost producers globally. The new Cerrado plant has boosted production, enabling Suzano to deleverage and increase free cash flow for dividends, and is no longer consuming growth CAPEX. In addition to the pre-existing medium-term deleveraging catalyst, the tariffs present another incremental benefit for Suzano where most of the market will encounter incremental frictions.

Investors looking for stocks in the Paper and Related Products sector might want to consider either Suzano S.A. Sponsored ADR (SUZ) or International Paper (IP).

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Investors interested in Paper and Related Products stocks are likely familiar with Suzano S.A. Sponsored ADR (SUZ) and International Paper (IP).

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.