Suzano S.a. · BMFBOVESPA:SUZB3
Suzano — Q2 2013 Earnings Presentation
10 slides from Suzano's earnings presentation, August 2013
Slide 1: 2Q13 Earnings Presentation
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Slide 2: Disclaimer
Disclaimer This release may contain forward-looking statements. These statements are subject to known and unknown risks and uncertainties that can lead such expectations to not materialize or to differ materially from expectations. These risks include: changes in future demand for the Company’s prod
Slide 3: 2Q13 Highlights
2Q13 Highlights Adjusted EBITDA of R$ 408 million, increasing 37% from 2Q12. EBITDA margin of 30.6%, expanding 8.1 p.p. from 2Q12 Increase in pulp prices in USD (+4% vs. 2Q12 and +2% vs. 1Q13) Increase in paper prices (+7% vs. 2Q12 and +3% vs. 1Q13) Reduction of 2% in cash cost from 2Q12, due to the
Slide 4: Operational Results
Operational Results Productivity gains lead to a 5% increase in produced volume on 6M13 vs. 6M12 Pulp and Paper Production Sales Volume (‘000 ton) (‘000 ton) +9.2% +4.7% -3.9% -5.7% +8.6% 1,528 1,601 1,525 +6.2% 1,465 644 646 629 587 764 768 833 801 755 710 333 324 322 353 269 318 884 955 896 878 43
Slide 5: Economic and Financial Performance
Economic and Financial Performance Net Revenues Pulp Cash Cost ex-maintenance Downtime (R$ million) (R$/ton) +0.8% +6.2% -2.3% +3.4% -6.1% +13.6% 2,361 2,508 582 606 568 566 585 1,324 1,334 1,252 1,301 1,174 707 622 679 1,109 1,207 617 552 655 2Q12 1Q13 2Q13 6M12 6M13 2Q12 1Q13 2Q13 6M12 6M13 Domest
Slide 6: Economic and Financial Performance
Economic and Financial Performance Increase of 37% on Adjusted EBITDA vs. 2Q12 impacted by higher paper and pulp prices, and operational costs and expenses reduction Adjusted EBITDA and Adjusted EBITDA Margin Evolution of Adjusted EBITDA (R$/ton) (%) (R$ million) 30.6% 29.3% 27.9% 22.5% 22.7% 22 408
Slide 7: Debt
Debt Conservative financial policy with long term debt profile Net Debt (R$ million) and Net Debt/ Adjusted EBITDA (x) 5.1 x 5.0 x 5.0 x 4.7 x 4.5 x 7,483 6,381 6,794 6,003 5,386 2Q12¹ 3Q12 4Q12 1Q13 2Q13² Nota: (1) Includes the Equity Offering funding (R$ 1.5 billion) (2) Does not include resources
Slide 8: Maranhão Unit
Maranhão Unit Investments in the Maranhão Unit according to estimated budget April 2011 April 2012 November 2012 January 2013 July 2013 Investments in the Maranhão Unit 2009 2010 2011 2012 1Q13 2Q13 Total (R$ million) 193 162 841 2,123 621 406 4,346 Maranhão Project Status (on 07/31/2013) Overall ph
Slide 9: Investment on projects for productivity gains
Investment on projects for productivity gains Investments of R$ 148 million on projects for productivity gains were announced for 2013 Cut Size production in Mucuri: Concluded concluded in Aug 2013 Cut size production Mucuri biomass boiler Digester at Suzano plant Mucuri boiler Wood chipper in Limei
Slide 10: Investor Relations
Investor Relations Investor Relations www.suzano.com.br/ir [email protected] 10