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3 months ago
Brazil's Suzano sees pulp prices up, debt metrics falling: CEO
May 4, 2017 / 2:49 PM / 3 months ago

Brazil's Suzano sees pulp prices up, debt metrics falling: CEO

1 Min Read

SAO PAULO (Reuters) - Brazilian wood pulp and paper producer Suzano Papel e Celulose SA (SUZB5.SA) expects global pulp prices to rise in the second quarter, Chief Executive Walter Schalka told analysts on a Thursday conference call.

Schalka also said Suzano's ratio of net debt to earnings before interest, taxes, depreciation and amortization, a gauge of operating profit known as EBITDA, should also fall over the course of this year.

Reporting by Brad Haynes

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