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Suzano Papel e Celulose SA ( (SUZ) ) has shared an update.
Suzano has revised its capital expenditure (CAPEX) estimate for 2024 to R$17.1 billion, up from R$16.5 billion, primarily due to increased investments in land and forests to enhance long-term competitiveness. The CAPEX for 2025 is projected at R$12.4 billion, reflecting reduced spending on the Cerrado Project and land, while emphasizing industrial maintenance and modernization projects.
More about Suzano Papel e Celulose SA
Suzano Papel e Celulose SA, known as Suzano, is a leading company in the pulp and paper industry, focusing on the production and sale of paper products and wood pulp. It operates in various global markets, emphasizing sustainability and innovation in its operations.
YTD Price Performance: -3.79%
Average Trading Volume: 1,524,608
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $13.73B
For an in-depth examination of SUZ stock, go to TipRanks’ Stock Analysis page.
