Klabin (OTCPK:KLBA.Y) 2025 Earnings Call Presentation

Company Strategy and Outlook - Klabin reaffirms its commitment to developing its people for future challenges and ensuring management continuity with a culture of excellence[10] - The company emphasizes strategic planning and financial discipline as drivers for capital allocation, aiming to maximize shareholder value generation[27, 29] - Klabin is focused on extending debt maturities and reducing debt, reinforcing its deleveraging trajectory[32] Financial Performance and Discipline - Klabin maintains its 2025 guidance, reflecting its ability to adapt and capture efficiencies[41] - The company projects total cash cost to be less than R$3300 per ton in 2026, assuming an accumulated IPCA of 14% which would be R$3600 per ton[38, 39] - Klabin anticipates CAPEX between R$2 billion and R$25 billion for 2026[45] Shareholder Returns - Klabin declared interim dividends of R$11 billion based on accumulated profits recorded in 2025[47] - The company is increasing capital with bonus shares, representing 1% of the current share base[50] - Klabin paid R$13 billion in dividends in LTM3Q25, representing a 55% dividend yield[32] Competitive Advantages - Klabin has a unique forest asset base, providing privileged access to long fiber and high forest productivity[17, 19] - The company has a diversified business model with leadership positions in niche markets, including a 22% market share in corrugated boxes and a 50% market share in industrial bags in Brazil[20, 24]