Suzano expects 2026 year-end net debt below USD 14 billion
SUZ•Suzano expects year-end 2026 net debt below USD 14 billion, assuming an exchange rate of BRL 5.40 per dollar, and raised pulp cash production cost guidance to about BRL 825 per tonne.
1. Updated 2026 outlook
Suzano expects year-end 2026 net debt below USD 14 billion, assuming a closing exchange rate of BRL 5.40 per dollar. Average pulp cash production cost guidance increased to approximately BRL 825 per tonne from BRL 800, excluding scheduled maintenance downtime.
2. Longer-term targets unchanged
Revised assumptions reflect input costs related to the Middle East conflict, including an average exchange rate of BRL 5.20 versus BRL 5.07 and Brent at USD 94 versus USD 84 per barrel. Suzano kept its 2027–2028 targets of USD 11 billion in net debt and leverage below 2.5 times; those targets exclude the effects of the Arbex acquisition on July 1, 2026.
