Suzano announces first quarter results and Cerrado Project nears completion
Suzano S.A. American Depositary Shares (each representing One Ordinary Share) (SUZ)
Company Research
Source: Business Wire
World’s largest single pulp production line is set to commence operations in the coming weeks SÃO PAULO--(BUSINESS WIRE)--Suzano, the world’s largest pulp producer, which celebrates its centenary this year, announces its financial results for the first quarter of 2024 (1Q24). The highlight of the period is the progress of the Cerrado Project, the largest ever capital investment project by the company. The new pulp mill, under construction in the municipality of Ribas do Rio Pardo, Mato Grosso do Sul state, is now 94% complete and will be operational in a few weeks. It will be the largest single-line pulp mill in the world.With a total planned investment of R$22.2 billion, of which R$19.1 billion has been deployed as of the end of April, the new mill will have annual production capacity of 2.55 million tons of pulp, used in the production of sanitary papers and sanitary pads, printing & writing papers and packaging paper, among other items.Given the combined impact of the investment
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News
- Are Investors Undervaluing Suzano (SUZ) Right Now? [Yahoo! Finance]Yahoo! Finance
- Suzano S.A. (NYSE: SUZ) was upgraded by analysts at Morgan Stanley from an "underweight" rating to an "equal weight" rating.MarketBeat
- Buy 5 High ROE Stocks as Markets Ride on Investor Optimism [Yahoo! Finance]Yahoo! Finance
- SPINNOVA® Fibre Manufacturer Woodspin Awarded FSC® Chain of Custody CertificationBusiness Wire
- Suzano 2023 annual report on Form 20-FBusiness Wire
SUZ
Earnings
- 8/3/23 - Beat
SUZ
Sec Filings
- 5/22/24 - Form 6-K
- 5/20/24 - Form 6-K
- 5/20/24 - Form 6-K
- SUZ's page on the SEC website