Company: SUZ
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001628280-25-020368
Chunk: 45

Company: Suzano S.A.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 3
Chunk 45
---
ITEM 3. KEY INFORMATION

A. Financial Data

For a discussion of our financial and operating data as of and for the years ended December 31, 2024 and 2023, see “ Item 5. Operating and Financial Review and Prospects.” For a discussion of our results of operations for the year ended December 31, 2023 compared to the year ended December 31, 2022, please see “ Item 5. Operating and Financial Review and Prospects - A. Operating Results - Results of Operations - Year ended December 31, 2023 Compared to Year Ended December 31, 2022” of our annual report on Form 20-F for the year ended December 31, 2023.

Operational Data

                                                      As at and for the year ended December 31,                                                                        
                                                                                           2024                       2023                       2022                  
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Number of employees                                                                                    23,980                     20,907                     18,543  
  Nominal production capacity (millions of tons)                                                                                                                       
  Pulp                                                                                    13.44                      10.90                      10.90                  
  Paper                                                                                    1.95                       1.53                       1.53                  
  Sales volumes (thousand metric tons)                                                                                                                                 
  Domestic market pulp                                                                                  696,971                    700,823                    751,212  
  Export market pulp                                                                                 10,167,658                  9,514,617                  9,848,441  
  Total market pulp                                                                                  10,864,629                 10,215,440                 10,599,653  
  Sales volumes (thousand metric tons)                                                                                                                                 
  Domestic market paper                                                                               1,003,346                    923,512                    951,276  
  Export market paper                                                                                   432,456                    367,785                    354,788  
  Total market paper                                                                                  1,435,802                  1,291,297                  1,306,064  
  Total sales volumes market paper and pulp                                                          12,300,431                 11,506,737                 11,905,717  

Special Note Regarding Non-IFRS Financial Measures

Our management uses certain non-IFRS measures as an additional measure of operational performance of our business.

A non-IFRS financial measure is any