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Suzano Papel e Celulose SA
(NYSE:SUZ)
Suzano Papel e Celulose SA (SUZ) vs. SPDR S&P 500 ETF (SPY)
Suzano Papel e Celulose SA Business Overview & Revenue Model
Suzano Papel e Celulose SA Earnings Call Summary
Suzano Papel e Celulose SA Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 51.18B | 47.40B | 39.76B | 49.83B | 40.97B | 30.46B |
| Gross Profit | 17.63B | 20.00B | 14.68B | 25.01B | 20.35B | 11.49B |
| EBITDA | 30.51B | 23.46B | 29.40B | 40.18B | 19.67B | -7.13B |
| Net Income | 6.56B | -7.07B | 14.08B | 23.38B | 8.63B | -10.72B |
Balance Sheet | ||||||
| Total Assets | 164.42B | 165.94B | 143.59B | 133.20B | 118.98B | 19.60B |
| Cash, Cash Equivalents and Short-Term Investments | 23.57B | 21.99B | 21.17B | 17.05B | 21.10B | 1.74B |
| Total Debt | 99.81B | 108.41B | 83.42B | 80.76B | 85.52B | 14.85B |
| Total Liabilities | 119.16B | 133.52B | 98.78B | 100.03B | 103.80B | 18.19B |
| Stockholders Equity | 45.12B | 32.28B | 44.69B | 33.06B | 15.08B | 1.39B |
Cash Flow | ||||||
| Free Cash Flow | 5.41B | 4.07B | -241.59M | 6.80B | 11.39B | 8.23B |
| Operating Cash Flow | 19.00B | 20.60B | 17.32B | 21.64B | 17.64B | 13.12B |
| Investing Cash Flow | -10.59B | -20.51B | -26.04B | -17.02B | -10.36B | -736.42M |
| Financing Cash Flow | 2.03B | -83.77M | 7.80B | -8.11B | -1.57B | -9.79B |
Suzano Papel e Celulose SA Technical Analysis
Suzano Papel e Celulose SA Risk Analysis
Suzano Papel e Celulose SA Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | $5.42B | 17.36 | 9.78% | 1.51% | -3.90% | -25.97% | |
69 Neutral | $1.89B | 10.97 | 18.81% | 3.80% | -8.92% | -32.30% | |
65 Neutral | $5.71B | 26.45 | 12.75% | 1.37% | -3.26% | -46.80% | |
62 Neutral | $11.15B | 9.44 | 14.56% | 3.69% | 6.65% | 47.88% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
58 Neutral | $682.97M | ― | -68.33% | 3.20% | 0.39% | -505.56% | |
48 Neutral | $291.74M | ― | -10.47% | ― | -21.76% | -1214.73% |
Suzano Papel e Celulose SA Corporate Events
In its third-quarter 2025 report, Suzano S.A. highlighted a decrease in cash production costs and an increase in sales volumes across all markets, including a positive performance from its US operations. The company reported a slight increase in leverage due to lower last twelve months EBITDA, but extended its average debt term without additional costs. Suzano continues to focus on deleveraging and enhancing competitiveness, with future plans including the start of a new tissue mill in Aracruz and ongoing improvements in its US packaging operations.
Suzano S.A. has released its unaudited condensed consolidated interim financial information for the nine-month period ending September 30, 2025. The report highlights a substantial increase in cash and cash equivalents, rising from R$9,018,818 at the end of 2024 to R$15,838,866 by September 2025, indicating strong financial health and liquidity. This financial performance underscores Suzano’s robust position in the industry, potentially benefiting stakeholders by enhancing the company’s operational capabilities and market competitiveness.
On November 6, 2025, Suzano S.A. announced its consolidated results for the third quarter of 2025, highlighting a significant increase in both pulp and paper sales compared to the same period last year. Despite a challenging market environment with declining average net prices for pulp, the company achieved a 20% increase in pulp sales and a 21% increase in paper sales. However, the adjusted EBITDA for both segments showed a decline compared to the previous year, reflecting the impact of lower prices and increased operational costs. Suzano’s operational efficiency led to a reduction in cash costs, and the company maintained a strong free cash flow yield and return on invested capital, indicating resilience in its financial performance.
On September 19, 2025, Suzano S.A. announced its decision to execute a full optional early redemption of its 8th issuance of simple, non-convertible, unsecured debentures, originally set to mature on September 15, 2028. This strategic move, scheduled for September 26, 2025, involves the payment of R$750,000,000.00 plus applicable remuneration and premium, and aligns with Suzano’s active liability management strategy aimed at optimizing its capital structure and reducing debt costs. The company emphasizes its commitment to transparency with its shareholders and investors.
On September 17, 2025, Suzano S.A. clarified a statement made by its CEO regarding the company’s sales volume growth, which was driven by the new Ribas do Rio Pardo plant. The plant, the largest single pulp production line globally, contributed to an 8% increase in sales volume between 2023 and 2024. However, the company emphasized that this growth should not be seen as a projection for 2025, as market conditions such as supply, demand, and pricing remain unpredictable. Suzano’s management stated that the information about the plant’s impact was already disclosed in a previous Material Fact and does not constitute new material information.
On September 15, 2025, Suzano International Finance B.V., a subsidiary of Suzano S.A., announced the full redemption of its 5.500% Senior Notes due 2027, with the redemption date set for September 22, 2025. The redemption will involve the payment of the greater of 100% of the principal amount or the present value of remaining scheduled payments, plus accrued interest. This strategic financial move is expected to impact Suzano’s financial obligations and potentially enhance its market positioning by reducing debt liabilities.
On September 10, 2025, Suzano S.A. and Suzano Netherlands B.V. entered into a Base Indenture with The Bank of New York Mellon as the trustee. This agreement, which includes the issuance of debt securities, is part of Suzano’s strategic financial management to enhance its capital structure and support its growth initiatives. The move is expected to bolster Suzano’s position in the industry by providing additional financial flexibility.
On September 8, 2025, Suzano S.A., through its subsidiaries Suzano International Finance B.V. and Suzano Austria GmbH, announced the expiration and final results of their cash tender offers for outstanding notes due in 2026 and 2027. The tender offers, which expired on the same day, saw a significant portion of the notes being validly tendered, with payments expected to be made by September 11, 2025. This move is part of Suzano’s financial strategy to manage its debt portfolio, potentially impacting its market positioning and financial stability.
On September 8, 2025, Suzano S.A. announced the pricing of cash tender offers for outstanding notes issued by its subsidiaries, Suzano International Finance and Suzano Austria. The tender offers are contingent upon the successful pricing and receipt of proceeds from a new debt securities offering by Suzano Netherlands B.V. The settlement for the tendered notes is scheduled for September 11, 2025. This move is part of Suzano’s strategic financial management to optimize its debt profile, potentially impacting its financial stability and investor relations.
On September 3, 2025, Suzano S.A. announced a new underwriting agreement through its subsidiary, Suzano Netherlands B.V., to issue and sell debt securities. These securities are guaranteed by Suzano S.A., indicating a strategic move to strengthen its financial position and potentially expand its operations. This development is expected to impact Suzano’s market positioning positively, providing additional capital for growth and enhancing investor confidence.
On September 3, 2025, Suzano S.A. announced the pricing of a bond offering by its subsidiary, Suzano Netherlands B.V., amounting to one billion US Dollars with a yield of 5.667% per annum. The proceeds from this issuance will be used to repurchase existing senior notes maturing in 2026 and 2027, as part of the company’s liability management strategy. This move is expected to enhance Suzano’s financial flexibility and reinforce its commitment to transparency with investors.
On September 2, 2025, Suzano S.A. announced that its subsidiaries, Suzano International Finance B.V. and Suzano Austria GmbH, have initiated cash tender offers for their outstanding notes due in 2026 and 2027. This strategic move aims to manage their debt profile effectively, contingent upon the successful issuance of new debt securities by Suzano Netherlands B.V. The tender offers are not dependent on a minimum principal amount of notes being tendered but are subject to certain conditions, including the completion of a debt financing transaction. The outcome of these offers could significantly impact Suzano’s financial operations and its positioning in the market.
On August 28, 2025, Suzano S.A.’s Board of Directors approved a significant financial maneuver involving its subsidiary, Suzano Netherlands B.V. The board authorized the issuance of debt securities worth up to $1 billion for the international market, with the company’s executive board given discretion over the terms of the issuance. This move, supported by a corporate guarantee from Suzano, aims to strengthen the company’s financial positioning and enhance its market operations through strategic debt management.
On August 28, 2025, Suzano S.A.’s Board of Directors approved a significant financial maneuver involving the issuance of debt securities worth up to $1 billion through Suzano Netherlands B.V. This decision includes tender offers and make-whole redemptions for bonds maturing in 2026 and 2027, issued by its subsidiaries Suzano Austria GmbH and Suzano International Finance B.V. The move aims to optimize the company’s financial structure and is expected to impact its market positioning positively.
Suzano S.A. reported its financial results for the six-month period ending June 30, 2025, showing a notable recovery from the previous year’s losses. The company achieved a net income of 2,081.7 million USD, a significant turnaround from a loss of 3,545.5 million USD in the same period in 2024. This improvement is attributed to increased net sales and favorable financial results from derivative instruments and exchange variations, positioning Suzano favorably in the market.
On August 18, 2025, Suzano S.A.’s Board of Directors approved the issuance of Panda Bonds by its subsidiary, Suzano International Finance B.V., in the interbank bond market of China. The bonds, amounting to up to RMB 1.5 billion, are part of a larger RMB 20 billion debt instrument program. The issuance aims to strengthen Suzano’s financial position and expand its market presence in China, with the company also planning to engage in derivative transactions to hedge against potential financial risks.
On August 14, 2025, Suzano S.A.’s Board of Directors approved the issuance of financial liquidation rural product notes (CPR-Fs) valued at BRL 2 billion for public distribution. This strategic move aims to raise funds for the development and conservation of forests, enhancing Suzano’s commitment to sustainability. The issuance will be conducted under a firm-commitment placement regime, with the CPR-Fs being distributed and traded through B3, Brazil’s stock exchange. This initiative underscores Suzano’s efforts to strengthen its market position and sustainability credentials.
On August 14, 2025, Suzano S.A.’s Board of Directors approved the issuance of 2,000,000 financial liquidation rural product notes (CPR-Fs) valued at R$2 billion. This issuance is aimed at funding the development and conservation of forests, aligning with Suzano’s sustainability goals. The offering will be publicly distributed, subject to market conditions and regulatory compliance, and reflects Suzano’s strategic focus on maintaining financial discipline and transparency.
On August 6, 2025, Suzano’s Board of Directors approved a significant Standing Wood Swap Agreement with Eldorado Brasil Celulose SA. This agreement involves the exchange of 18 million cubic meters of forest assets, with Suzano responsible for restoration and regrowth, alongside a premium payment of over R$ 1.3 billion. This transaction supersedes a previous agreement from April 2025 and is expected to enhance Suzano’s operational capabilities and strategic positioning in the industry.