- The net debt declines 10% since last quarter, proving Suzano as an effective personal LBO.
- The EBITDA and cash flow generation have grown massively YoY, reaching record levels.
- Another three years of this is reasonable, and with the low multiple, those three years almost cover the payback period on the investment.
- Suzano continues to be a very attractive commodities investment, but of course, we expect the cycle to come down in a few years when all the capacity expansion takes place.
For further details see:
Suzano Continues To Deleverage And Produce Record Cash Flow