Sales Volume Growth and Price Increases
Suzano achieved sales volume growth on a year-over-year basis with improvements in Suzano packaging operations. Increases in pricing were noted in both Brazilian and American operations, contributing to higher net prices.
Strong Packaging Performance
Suzano packaging saw a 62% increase in sales volume quarter-over-quarter and a 67% improvement in EBITDA, indicating a successful turnaround strategy.
Cash Cost Management
Cash production cost excluding downtimes increased by 6% as expected, mainly due to maintenance downtimes, but a reduction is anticipated for the coming quarters.
Deleveraging Focus
Suzano remains committed to deleveraging, maintaining a leverage of 3 times net debt to EBITDA, and achieved a competitive cost of capital during the quarter.