News

CRUSHING GROWS 17% AND ETHANOL MIX REACHES 64.9%, THE HIGHEST FOR THE PERIOD IN THE LAST SEVEN YEARS

Unit cost decreased 7.4% (measured by Cash COGS ex-resale)

HIGHLIGHTS

  • Crushing grows 17.1% to 11.3 million tons;
  • Consolidated agricultural yield (TCH) was 85.2 ton/ha, down 5.1%;
  • Consolidated Cane TRS reaches 120.6 kg/ton, up 0.2%, virtually in line with the year-ago quarter;
  • Production measured by Product TRS increases 17.3% to 1,358 thousand tons;
  • The share of ethanol in the production mix increases 17.9 p.p. to 64.9%, due to the product’s higher profitability compared to sugar;
  • Unit Cash COGS ex-resale decreased 7.4%, reflecting the ongoing streamlining process;
  • General and administrative expenses decreased 35.0%, also reflecting efforts to streamline the organization; and
  • Adjusted EBITDA ex-HACC/resale reached R$245 million, with EBITDA margin expanding 0.8 p.p. to 23.7%.

To access the earnings release, click here.

Regards,

Investor Relations Team

For further information contact:
Biosev S.A.
e-mail: ri@biosev.com
 

 

logo BSEV3
logo ITAG
Capctha