Suzano Papel e Celulose S.A. Announces 1Q10 Earnings Release and Conference Calls
SAO PAULO, May 13 /PRNewswire-FirstCall/ -- Suzano Papel e Celulose S.A. (Bovespa: SUZB5) announces 1Q10 Earnings Release and conference calls with investors and analysts.
Highlights 1Q10:
- Total market pulp and paper production of 653 thousand tons.
- Total sales volume of 642 thousand tons: 385 thousand tons of pulp and 257 thousand tons of paper.
- Net revenue of R$ 971 million.
- Pulp production cash cost of R$ 425/ton (excluding unscheduled maintenance downtimes).
- Record EBITDA of R$ 504 million, with margin of 51.9%. EBITDA excluding non-recurring items of R$ 315 million, with margin of 32.4%.
- Sale of forestry assets in Minas Gerais state for R$ 334 million.
- Net income of R$ 130 million.
- Net debt/EBITDA ratio of 3.4 in March 2010.
- Successive price increases and reduction in global pulp inventories.
- Increases in paper prices in domestic and export markets.
- Cash and cash equivalents of R$ 2.4 billion on March 31st, 2010.
1Q10 Conference Call / Webcast
In Portuguese:
Friday, May 14th, 2010 at 08:30 am (EDT)
Access: +55 (11) 4003-9004 - press *0 (PIN: Suzano)
Presentation / Audio Webcast: http://webcast.mzdp.com.br/publico.aspx?codplataforma=1799
Replay: +55 (11) 4003-9004 – press *0 (available for seven days)
PIN: Suzano
In English:
Friday, May 14th, 2010 at 10:30 am (EDT)
Access: + 1 (412) 858-4600 (PIN: Suzano)
Presentation / Audio Webcast: http://webcast.mzdp.com.br/publico.aspx?codplataforma=1800
Replay: + 1 (412) 317-0088 (available for seven days)
PIN: 440234# (pound key) - press "1" to start the playback
IR Team Contacts |
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+55 (11) 3503-9061 |
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e-mail: [email protected] |
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website: www.suzano.com.br/ri |
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SOURCE Suzano Papel e Celulose S.A.
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