Suzano S.A. (SUZ) Q4 2022 Earnings Call Transcript
Prepared Remarks
Questions and Answers
Call Participants
Prepared Remarks:
Operator
Ladies and gentlemen, thank you for holding and welcome to Suzano's Conference Call to discuss the Results for the Fourth Quarter of 2022. We would like to inform that all participants will be in a listen-only mode during the presentation that will be addressed by the CEO Mr. Walter Schalka and other executive officers. After the company's remarks are completed, there will be a question-and-answer session when further instructions will be given. [Operator Instructions]
Before proceeding, please be aware that any forward-looking statements are based on the beliefs and assumptions of Suzano's management, and on information currently available to the company. They involve risks, uncertainties and assumptions because they relate to future events and therefore depend on circumstances that may or may not occur in the future. You should understand that general economic conditions, industry conditions and other operating factors could also affect the future results of Suzano and could cause results to differ materially from those expressed in such forward-looking statements.
Now, I would like to turn the floor over to the company's CEO. Please Mr. Walter Schalka, you may proceed.
Walter Schalka
Good morning. Welcome everyone to the year result meeting that we are presenting here. We have with us here large part of our C level that would be able to answer your further questions in the end of the presentation here.
I'm very pleased today to announce and to present to you the best ever results of our company. We are very pleased with several developments that we had with you that I'm going to share right now. In the operational side we have flat volumes on the paper and pulp despite the fact that we have additional annual shutdowns and retrofit in our Aracruz plant. This keeps us with inventory levels below our optimal operational levels. Leo is going to share more information with you regarding his point.
The combination of good volumes in terms of sales and better prices lead us to a situation that we had the best our EBITDA ever in the company with R$28.2 billion, when the operational cash generation of R$22.6 billion. Despite the fact that we have short-term impact on our cash cost due to inflation and commodities other things and other services that Aires is going to share with you additional information.