Suzano Reports Operating Cash Generation of R$3 Billion in Fourth Quarter 2020

Author's Avatar
Feb 11, 2021
Article's Main Image

Suzano, a global reference in the manufacture of bioproducts developed from the cultivation of eucalyptus, announces its results for the fourth quarter of 2020 (4Q20) and for fiscal year 2020. The company reported operating cash generation of R$ 3 billion in 4Q20 and of R$11.5 billion in fiscal year 2020, which represents growth of 63% over 2019. Adjusted EBITDA, another important indicator, came to R$4 billion in the quarter and R$15 billion in the year, representing an increase of 39% compared to the prior year.