Suzano Reports Record Sales and Continued Improvements in Operational Efficiency in 2025
Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)
Tags
Key Terms
cash costfinancial
Cash cost is the actual out-of-pocket money a business spends to produce a product or run its everyday operations, excluding accounting items that don't require immediate cash (for example, depreciation). Investors care because it shows the real, short-term cash burden per unit of output or service—like comparing the grocery bill for a meal versus the estimated long-term appliance wear—and helps judge whether a company can generate cash and cover expenses from its core activities.
operating cash generationfinancial
Cash produced by a company’s core business activities—money that actually flows into the bank from selling products or services after paying routine operating costs. For investors this shows whether the business generates real, spendable funds to cover debt, reinvest in growth, or return money to shareholders; it’s like measuring how much water is coming through a garden hose after accounting for leaks, not just what the meter says on paper.
adjusted EBITDAfinancial
Adjusted EBITDA is a way companies measure how much money they make from their core operations, like running a business, by removing certain costs or income that aren’t part of regular business activities. It helps investors see how well a company is doing without distractions from unusual expenses or gains, making it easier to compare companies or track performance over time.
net leveragefinancial
Net leverage measures how many years it would take for a company to pay off its outstanding debt using its annual operating cash flow, after subtracting cash on hand from total debt. Think of it like a household’s mortgage balance minus savings divided by yearly income; a lower number means the company is in a safer position to handle debt, while a higher number signals greater financial risk and potential pressure on profits or growth.
SÃO PAULO--(BUSINESS WIRE)--
Suzano, the world’s largest pulp producer, announces its results for both the final quarter (4Q25) and the full year (2025), reporting record annual sales volumes and net revenue. The company also reported an improvement in its cash cost of pulp production, reflecting the drive for improved operational efficiency.
Pulp and paper sales reached 14.2 million tonnes, a 15% increase compared to 2024. This performance was driven primarily by the strong operational contribution of the Ribas do Rio Pardo pulp mill, which began production in July 2024, and the company’s paper mills in the United States. As a result, Suzano’s full‑year net revenue reached a record R$50 billion in 2025.
The company’s consistent focus on efficiency and cost discipline also contributed to a meaningful reduction in the cash cost of pulp production. Excluding downtime, the annual cash cost was R$817 per tonne, reaching its lowest annual level since 2021.
Operational efficiency also helped Suzano deliver operating cash generation of R$13.9 billion in 2025, despite less supportive global market price conditions. Adjusted EBITDA totalled R$21.7 billion, and net income closed the year at R$13.4 billion.
Suzano’s net leverage in U.S. dollars ended December 2025 at 3.2 times, down from 3.3 times in the third quarter.
“We remain focused on operational efficiency, cost management, and cash generation. Amid challenging market conditions in 2025, with pulp prices trading below historic averages, these results reflect the consistency and discipline of our execution, aimed to further scale our market competitiveness,” said Beto Abreu, CEO of Suzano.