- The Company's Adjusted EBITDA showed a growth of 13% compared to the first quarter of 2024. 

- Net revenue in 1Q25 was R$4.859 billion, up 10% from 1Q24. 

- The Company distributed R$1.5 billion in dividends over the last 12 months, achieving a dividend yield of 5.8%. 

 

São Paulo, May 7, 2025 – Klabin, Brazil's largest producer and exporter of packaging paper and sustainable solutions in paper packaging and the country’s only company to offer solutions in hardwood pulp, softwood pulp and fluff pulp, ended the first quarter of 2025 with Adjusted EBITDA of R$1.9 billion, an increase of 13% compared to the same quarter last year. The result reflects the performance of the operations and the effect of the devaluation of the Brazilian real against the U.S. dollar. 

 

Net Revenue totaled R$4.859 billion in 1Q25, up 10% from 1Q24, mainly favored by the rise in kraftliner and packaging prices and the effect of the appreciation of the U.S. dollar against the Brazilian real. Total sales volume excluding wood came to 906,000 metric tons in the first quarter of this year. 

 

The Company's leverage at the end of the first quarter of the year is 3.9x, in line with 1Q24 and within the parameters established in the Company's Financial Debt Policy. Klabin's ROIC (Return on Invested Capital) increased by one percentage point over the last 12 months, totaling 10.7%, a result that highlights the effectiveness of the company's capital allocation, which expanded its base of operational assets with discipline, strengthening its ability to create sustainable value for its shareholders. 

 

Over the past twelve months, Adjusted Free Cash Flow amounted to R$3.6 billion, representing a free cash flow yield of 14.0%, which is an increase of 3.7 p.p. compared to the same period last year. 

 

Also in the last 12 months, Klabin distributed dividends of R$1.5 billion, totaling a dividend yield of 5.8%, which reflects the Company's integrated, diversified, and flexible business model, enabling Klabin to deliver resilient results in various scenarios. 

 

INVESTMENTS 

Klabin invested R$605 million in its operations in the first quarter of 2025, down 35% from the same period last year. This reduction is a result of the completion of expansion projects and the diligent management of investments, characterized by predictability and discipline in capital allocation. 

 

PLATEAU PROJECT 

In February, Klabin received the first installment of the monetization of excess land from the Caetê Project in the amount of R$ 800 million. The contribution of the second installment, corresponding to R$1.0 billion, subject to potential adjustments under the terms of the contracts, is expected for the second quarter of 2025. 

 

SUSTAINABILITY 

Klabin was recognized among the Top 1% of The Sustainability Yearbook 2025, a global publication by S&P Global based on the Corporate Sustainability Assessment (CSA). Klabin is the only Brazilian company to achieve a position in the most exclusive group of the ranking. 

 

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