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v3.25.3

Information of operating segments - Segment information (Details) - BRL (R$) R$ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2025 | Sep. 30, 2024 | Sep. 30, 2025 | Sep. 30, 2024
Disclosure of operating segments [line items] |  |  |  |
Net sales | R$ 12,153,145 | R$ 12,273,546 | R$ 37,001,961 | R$ 33,226,284
Cost of sales | (8,453,761) | (6,847,701) | (24,791,052) | (18,640,810)
Adjusted EBITDA |  |  | 16,153,488 | 17,368,281
Adjustments to EBITDA |  |  | (823,557) | 321,036
Depreciation, depletion and amortization |  |  | (8,226,217) | (6,414,046)
Financial result |  |  | 13,172,959 | (13,245,961)
Net income before taxes | 1,969,535 | 4,109,399 | 7,103,714 | 11,275,271
Profit (loss) before tax | R$ 3,021,316 | R$ 4,977,161 | 20,276,673 | (1,970,690)
Total Net Sales |  |  |  |
Disclosure of operating segments [line items] |  |  |  |
Net sales |  |  | 37,001,961 | 33,226,284
Country of domicile |  |  |  |
Disclosure of operating segments [line items] |  |  |  |
Net sales |  |  | 6,715,617 | 6,919,497
Foreign countries |  |  |  |
Disclosure of operating segments [line items] |  |  |  |
Net sales |  |  | 30,286,344 | 26,306,787
Pulp |  |  |  |
Disclosure of operating segments [line items] |  |  |  |
Cost of sales |  |  | (18,535,613) | (14,424,832)
Adjusted EBITDA |  |  | 14,093,769 | 15,136,653
Pulp | Total Net Sales |  |  |  |
Disclosure of operating segments [line items] |  |  |  |
Net sales |  |  | 27,949,498 | 26,397,840
Pulp | Country of domicile |  |  |  |
Disclosure of operating segments [line items] |  |  |  |
Net sales |  |  | 1,366,641 | 1,709,910
Pulp | Foreign countries |  |  |  |
Disclosure of operating segments [line items] |  |  |  |
Net sales |  |  | 26,582,857 | 24,687,930
Paper |  |  |  |
Disclosure of operating segments [line items] |  |  |  |
Cost of sales |  |  | (6,255,439) | (4,215,978)
Adjusted EBITDA |  |  | 2,059,719 | 2,231,628
Paper | Total Net Sales |  |  |  |
Disclosure of operating segments [line items] |  |  |  |
Net sales |  |  | 9,052,463 | 6,828,444
Paper | Country of domicile |  |  |  |
Disclosure of operating segments [line items] |  |  |  |
Net sales |  |  | 5,348,976 | 5,209,587
Paper | Foreign countries |  |  |  |
Disclosure of operating segments [line items] |  |  |  |
Net sales |  |  | R$ 3,703,487 | R$ 1,618,857

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