Suzano S.a. · BMFBOVESPA:SUZB3
Suzano — Q3 2008 Earnings Presentation
10 slides from Suzano's earnings presentation, Oct 23, 2008
Slide 1: 3Q08 Consolidated Results
3Q08 Consolidated Results October 23rd, 2008
Slide 2: Highlights 3Q08
Highlights 3Q08 ♦ Record market pulp and paper production of 694.7 thousand tons ♦ Record paper sales of 305.7 thousand tons ♦ Record EBITDA: R$ 365 million with a 36.9% margin ♦ Accounting losses of R$ 293 million as a result of the 20.3% currency exchange rate devaluation in the period ♦ Net Debt
Slide 3: Pulp Business Unit
Pulp Business Unit ♦ Global demand for market pulp in August/08 was 2.7% higher than the same period of 2007 (PPPC) ♦ In the first nine months of 2008, pulp sales were 96.0% higher than the same period of the previous year ♦ Record production : 405.5 thousand tons of market pulp in 3Q08 ♦ Softening
Slide 4: Pulp Business Unit
Pulp Business Unit Pulp sales volume (thousand tons) Pulp net sales (R$ million) 352 416 291 338 295 156 352 180 230 270 123 145 58 61 33 64 68 36 2Q08 3Q08 3Q07 2Q08 3Q08 3Q07 Domestic market Export market Domestic market Export market Pulp Exports 3Q08 Pulp Exports 2Q08 (participation in sales vol
Slide 5: Paper Business Unit
Paper Business Unit ♦ Net revenue increased 10.9% when compared to the 2Q08 due to higher volume and prices ♦ Total sales volume of 306 thousand tons in 3Q08, 8.1% higher than 2Q08 and 6.3% higher than 3Q07 ♦ Higher prices in domestic and export markets raised the average price of paper by 2.7% comp
Slide 6: Paper Business Unit
Paper Business Unit Paper sales volume (thousand tons) Paper Net Sales (R$ million) 652 636 306 288 588 283 217 199 125 107 210 123 160 181 180 377 434 437 2Q08 3Q08 3Q07 2Q08 3Q08 3Q07 Domestic market Export market Domestic market Export market Paper Exports 3Q08 Paper Exports 3Q07 (sales volume) (
Slide 7: Results 3Q08
Results 3Q08 % % 2Q08 3Q08 3Q07 3Q08/2Q08 3Q08/3Q07 Sales volume (000 tons) 635 596 444 -6.1% 34.4% Paper volume domestic market (000 tons) 160 181 180 13.4% 0.5% Pulp volume export market (000 tons) 295 230 123 -22.1% 86.7% Net revenue - R$ million 1,004 990 816 -1.4% 21.3% Net income - R$ million
Slide 8: Results 3Q08 (nine months)
Results 3Q08 % 9M08 9M07 9M08/9M07 Sales volume (000 tons) 1,850 1,341 38.0% Paper volume domestic market (000 tons) 487 497 -2.1% Pulp volume export market (000 tons) 811 401 102.5% Net revenue - R$ million 2,963 2,446 21.1% Net income - R$ million 21 447 -95.3% EBITDA - R$ million 1,060 821 29.2%
Slide 9: Highlights
Highlights ♦ Record EBITDA in the quarter ♦ Better paper mix and prices ♦ Favorable exchange rate scenario leading to higher operating margins in the next months ♦ Solid capital structure: R$ 1.7 billion cash availability – comfortable liquidity horizon Appropriated debt profile ♦ Consistent and con
Slide 10: Investor Relations
Investor Relations www.suzano.com.br/ri 55 11 3503-9061 [email protected] 10