KLABIN (KLBN11): After almost TRIPLEING profits in 3Q24, what can we expect from the company?

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Money Times

Published on Nov 13, 2024
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👉 SEE ALSO - 10 international stocks to buy this month. Get the free report, just click below: https://emprc.us/KcYhGe - Reducing leverage will be Klabin's (KLBN11) focus over the next 24 months. The speech made by CEO Cristiano Teixeira during the third-quarter 2024 earnings conference call was reinforced by the director of corporate finance and investor relations, Gabriela Woge, in an interview with Money Times. The company posted a net profit of R$729 million in 3Q24, almost tripling (197.55%) compared to the R$245 million positive result recorded a year earlier. “Currently, we divide Klabin into three segments: pulp, paper and packaging. In addition to these, there is the entire forestry area that supplies all the wood for the business. For these three segments, we are experiencing a good moment, with good performance”. Watch the full interview in the video. Chapters: 0:00 introduction 0:37 3Q24 results 04:08 dividend policy 09:44 pulp, paper and packaging sales 12:05 leverage 13:16 the effect of the rising dollar 15:33 forestry exploration agreements 16:50 what comes after Puma II 17:49 caetê and the Figueira project 19:30 what to expect in 2025 20:10 projections for 2024 This video: KLABIN (KLBN11): After almost TRIPLING profit in 3Q24, what to expect from the company?

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