Suzano S.A. - Q2 2026 Earnings Release
Suzano S.A. reported its Second Quarter 2026 results, with Adjusted EBITDA reaching R$4.7 billion, an increase from R$4.6 billion in Q1 2026 but a decrease from R$6.1 billion in Q2 2025. Operating Cash Generation was R$2.9 billion, up from R$2.5 billion in Q1 2026. The companyβs pulp segment saw sales volume of 340 thousand tons, slightly down from 348 thousand tons in Q2 2025. Paper and packaging sales volume was 1.73 million tons. Net debt was US$6.9 billion, with a leverage ratio of 3.4x. The company highlighted strong cash generation, which reduced net debt, and noted that its commodity hedging strategies mitigate the impact of oil price volatility. Looking ahead, Suzano is on track for its 2026 cash cost guidance and will begin disclosing the standalone Consumer Goods segment from Q3 2026 results.