Paper2015 is off to a great start after an active day of meetings and sessions. The annual event is taking place in Chicago and is co-hosted by the American Forest & Paper Association (AF&PA) and the National Paper Trade Association (NPTA). At yesterday’s Industry Leadership Session, sponsored by Sappi North America, a distinguished panel of CEOs representing key segments of the paper industry provided their unique perspectives on opportunities, innovation, globalization, sustainability, and leadership. On the panel were Mark Gardner, president and CEO of Sappi North America; John Luke, chairman and CEO of MWV; Travis Mlakar, president of Millcraft; Debabrata Mukherjee, president and CEO of Finch Paper; and Mark Sutton, chairman and CEO of International Paper.
Suzano S.A. (B3: SUZB5 | NYSE: SUZ), one of the largest pulp and integrated paper producers in the w orld, announces today its consolidated results for the f irst quarter of 2019 (1Q19). Data of comparison quarters (4Q18, 1Q18 and LTM4) are a simple sum or the w eighted average of Suzano + Fibria.
* Merger of Fibria concluded on April 1, 2019 and tranding name change to Suzano S.A.
* Adjusted EBITDA¹ and Operating cash generation² of R$2.8 billion and R$1.8 billion, respectively.
* Pulp adjusted EBITDA¹/ton of R$1,480/ton.
* Average net sales price of pulp in the export market of US$711/ton.
* Average net sales price of paper of R$4,000/ton.
* Synergies – capture curve as planned.
* Pulp cash cost mainly impacted by higher fixed cost: R$667/ton ex-downtimes.
The beginning of 2019 was marked by a challenging market scenario. Pulp demand in the first quarter, which is traditionally weaker, was further affected by uncertainties related to macroeconomic factors and the weak performance of the graphic paper segments, especially in the Asian and European markets. However, the market conditions showed an improvement in the demand at the end of the quarter, especially in Asia.
Suzano sold 1,729 thousand tons of market pulp in 1Q19 (including Klabin volumes), 17% less than in 4Q18 and 30% in comparison to 1Q18, due to its commercial strategy.
Average net price in U.S. dollar of Suzano was US$705/ton in 1Q19, down US$32/ton (-4%) and US$13/ton (-2%) compared to 4Q18 and 1Q18, respectively. Average net price in dollar in the export market was US$711/ton (-4% vs. 4Q18 and -2% vs. 1Q18).
more detail at: http://ir.suzano.com.br/ptb/7575/13986_689051.pdf