Raizen releases transcript of Q1 2026/27 earnings call
Reuters2026/08/23 14:49- Raízen posted the transcript of its Q1 2026/27 crop-year earnings call attended by CEO Nelson Gomes, CFO Lorival Luz, IR officer Phillipe Casale.
- Fuel Distribution Argentina reclassified to Discontinued Operations as the June 4 sale process advances; non-cash held-for-sale revaluation booked.
- Gomes flagged record Fuel Distribution margins as partly war-driven and temporary; expects margins above last year but below this quarter.
- Casale cited R$ 3.6 billion operating cash flow; Capex down 33%; net loss driven by higher financial expenses and discontinued-operations effects.
- Luz said leverage allocation between Fuel Distribution and Sugar/Ethanol remains undecided; focus on completing the plan by March, separation by December.
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