Suzano has loss of r $ 58,03 mi Q4

SÃO PAULO Suzano Papel e Celulose, announced in the early hours of Friday, 14, net loss of R $ 58,03 million in the fourth quarter of 2013, reversing a positive result of R $ be 33,98 million in the same period in 2012. The injury was 59.3% below projections of analysts consulted by the Broadcast, State Agency information service. The average of nine estimates homes consulted (Agora Corretora, BTG Pactual, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, Itaú BBA, JP Morgan and Morgan Stanley) pointed to a net loss of $ 142.6 million. The negative predictions have varied between $ 52 million and $ 241 million.
However, Ebitda (earnings before interest, taxes, depreciation and amortization) advanced 28.7 percent on the same basis of comparison, to R $ 520,05 million. The adjusted number, which does not include resources from the disposal of assets and other non-recurring factors, showed an even greater high, from 38.4% to r $ 543,38 million. Net revenues also grew and reached r $ 1.66 billion in the period from October to December last year, 12.9 percent higher than the number $ 1.47 billion a year earlier.
The adjusted Ebitda of R $ 543,38 million was in line with projections, of R $ 527,7 million, as well as the reported net revenue of $ 1.66 billion. The average of the projections pointed a recipe of R $ 1.66 billion. The Broadcast is of the opinion that the result is in line with the projections when the upward or downward variation is up to 5%.
The net financial result of the Suzano was 117.6% worse, with losses of R $ 339,03 million in the last quarter of last year. According to the consolidated statement of income, the exchange rate had a negative impact of R $ 186,16 million in the period, compared to losses of R $ 35,29 million in the same months of 2012.
The company closed 2013 with a 21.0% greater than the loss of 2012, with losses of R $ 220.46 million, but net revenue climbed 9.6 percent, to $ 5.68 billion, and Ebitda advanced 46.7%, to $ 1.86 billion.