1. 2Q07 Consolidated Results
July 30th, 2007
Algumas afirmações nesta apresentação e durante a sessão de perguntas e respostas no conference call podem ser projeções ou afirmações sobre
expectativas futuras. Tais afirmações estão sujeitas a riscos conhecidos e desconhecidos e incertezas que podem fazer com que tais expectativas não se
concretizem ou sejam substancialmente diferentes do que era esperado.
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2. Highlights
1. 2Q07 net profit R$ 172 million, 66.5% higher than in 2Q06.
2. 2Q07 Ebitda R$ 279.3 million, Ebitda margin 34.0%, under stronger Real.
3. Pulp cash-cost down to R$ 446/ton in 2Q07.
4. Market pulp price: US$20 / ton increase in June.
5. Pulp inventories down to 27 days of shipments in June.
6. Mucuri Project on schedule and within budget.
7. Suzano Pulp and Paper Asia – office established in China.
8. Inaugurated third turbine of the HPP Amador Aguiar (Capim Branco).
9. New Chief of Forestry Business Unit Officer: João Comério.
10. Market capitalization reaches US$4.2 billion.
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3. Mucuri Project
Civil works completed;
Assembly and commissioning on final phase;
Record: recovery boiler built in 20,5 months.
Photos: June 2007
Dryer Recovery Boiler Causticizing
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4. Pulp Business Unit
Average net selling price for pulp in the export market was US$
594/ton in 2Q07 (US$ 588/ton in 1Q07 and US$ 558/ton in 2Q06).
Growth in world demand, and reduction in high-cost producers'
output, enhance optimistic outlook
Production of 167,4 thousand tons of market pulp on 2Q07;
Cash cost: US$ 225/ton in 2Q07;
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5. Pulp Business Unit
Pulp Sales volume (thousand tons) Pulp Net Sales (R$ million)
212 204 210
173 176 178
173 163 174
139 138 143
34 38 35 39 41 36
1Q07 2Q07 2Q06 1Q07 2Q07 2Q06
Domestic market Export market Domestic market Export market
Pulp Exports 2Q07
(sales volume)
Europe
62%
Asia
25%
Latin North
America America
2% 11%
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6. Paper Business Unit
Average net selling price was R$ 2.179/t;
60% of the volume sold in 2Q07 in the domestic market;
Paper sales volume in domestic market was 12.7% higher than in
1Q07 and 2.8% higher than in 2Q06.
Paperboard sales volume was 16% higher than in 2Q06;
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7. Paper Business Unit
Paper sales volume (thousand tons) Paper Net Sales (R$ million)
266 282 584
262 614 574
117 114 98
221 209 182
149 168 164 363 405 392
1Q07 2Q07 2Q06 1Q07 2Q07 2Q06
Domestic market Export market Domestic market Export market
Paper Exports 2Q07
(sales volume)
Latin
America
45%
Europe
North 22%
America
17% Asia
16%
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8. Results
% %
1Q07 2Q07 2Q06 2Q07/1Q07 2Q07/2Q06
Sales volume (000 tons) 440 458 439 4.1% 4.2%
Paper volume domestic market (000 tons) 149 168 163 12.8% 2.8%
Pulp volume export market (000 tons) 139 138 143 -1.0% -3.2%
Net revenue - R$ million 809 821 788 1.4% 4.2%
Net income - R$ million 106 172 103 62.1% 66.5%
Cash-cost (R$/tons) 462 446 447 -3.5% -0.2%
EBITDA - R$ million 275 279 263 1.7% 6.2%
EBITDA - US$ million 130 141 120 8.3% 17.1%
EBITDA margin 33.9% 34.0% 33.4% 0.3% 1.8%
Net debt / EBITDA (LTM) 3.72 3.73 3.27 0.3% 14.1%
Obs: LTM = Last twelve months obs
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9. IR Team
+55 11 3503 9061
ri@suzano.com.br
Press
Letícia Volponi
GWA Comunicação Integrada
leticia@gwacom.com
+55 11 3816 3922