Suzano S.a. · BMFBOVESPA:SUZB3

Suzano — Q3 2014 Earnings Presentation

9 slides from Suzano's earnings presentation, 2014

  1. Slide 1: 3Q14 Results Presentation

    1Q14Results 3Q14 ResultsPresentation Presentation 0

  2. Slide 2: Disclaimer

    Disclaimer Certain statements in this presentation may constitute projections or forward-looking statements. Such statements are subject to known and unknown risks and uncertainties that could cause the expectations expressed to not materialize or the actual results to differ materially from the exp

  3. Slide 3: 3Q14 Record-high Adjusted EBITDA of R$ 615 million

    3Q14 Record-high Adjusted EBITDA of R$ 615 million  3Q14 Adjusted EBITDA growth: +22% vs 3Q13 and +18% vs 2Q14, with margin of 31%  3Q14 Adjusted EBITDA: R$ 513/ton  Pulp cash cost of R$ 502/ton:  Low cash cost in Imperatriz Unit  Surplus energy sale, with non-recurring contribution of energy p

  4. Slide 4: Pulp: Imperatriz production drove volume growth

    Pulp Imperatriz production drove volume growth Production (‘000 tons) Sales (‘000 tons) 2,644 2,557 1,932 1,895 804 860 494 481 3Q13 3Q14 2013 LTM1 3Q13 3Q14 2013 LTM1 Note: (1) last twelve months ended on 09/30/2014  3Q14 Production: +63% vs 3Q13 (+310 thousand tons)  3Q14 Sales Volume: +79% vs 3

  5. Slide 5: Paper: Volume and margin increase in domestic market

    Paper Volume and margin increase in domestic market Production (‘000 tons) Sales (‘000 tons) 1,293 1,313 1,328 1,312 313 328 345 340 3Q13 3Q14 2013 LTM1 3Q13 3Q14 2013 LTM1 Note: (1) last twelve months ended on 09/30/2014  3Q14 Sales Volume in Domestic Market: +3% vs 3Q13  +6% excluding third-part

  6. Slide 6: Operating Performance

    Operating Performance Cost competitiveness in Imperatriz offsets higher wood cost in Mucuri Net Revenues (R$ million) Cash Cost * (R$/ton) 6,748 581 5,689 (13) 1,979 1 502 1,520 (68) 3Q13 3Q14 2013 LTM1 3Q13 Wood Chemicals FC 3Q14 Note: (1) last twelve months ended on 09/30/2014 *Ex-maintenance down

  7. Slide 7: Capex

    Capex 2014 estimated Capex of R$ 1.75 billion Capex 3Q14 3Q13 Δ Y-o-Y 9M14 9M13 Δ Y-o-Y (R$ million) Sustain 248 199 25% 678 443 53% Expansion 74 352 -79% 621 1,378 -55% Other 14 8 73% 27 41 -35% TOTAL 336 559 -40% 1,326 1,862 -29%  3Q14 FCF: R$ 210 million¹ Note: (1) working capital consists of va

  8. Slide 8: Operating Performance

    Operating Performance COGS LTM1 (R$/ton) Sales Expenses / Net Revenue LTM 1 (%) 1,328 1,327 1,307 1,293 4.6% 1,278 4.4% 4.4% 4.3% 4.2% Sep/13 Dec/13 Mar/14 Jun/14 Sep/14 Sep/13 Dec/13 Mar/14 Jun/14 Sep/14 Adm. Expenses / Net Revenue LTM ¹(%) Adjusted EBITDA LTM ¹ (R$ million) 2,169 7.0% 2,057 1,944

  9. Slide 9: Investor Relations

    Investor Relations www.suzano.com.br/ir [email protected] 8

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