Cosan S.A. (NYSE:CSAN) Q1 2025 Earnings Conference Call May 16, 2025 10:00 AM ET
Company Participants
Rodrigo Araujo – Chief Financial & Investor Relations Officer
Marcelo Martins – Chief Executive Officer
Conference Call Participants
Gabriel Barra – Citibank
Isabella Simonato – Bank of America
Guilherme Martins – Goldman Sachs
Lucas Ferreira – JPMorgan
Regis Cardoso – XP
Gustavo Sadka – Bradesco BBI
Operator
Good morning, everyone, and thank you for waiting. Welcome to Cosan’s First Quarter 2025 Earnings Release Conference Call. [Operator Instructions] The video conference is being recorded and will be available on the company’s IR website at cosan.com.br. During the company’s presentation, participants will be on a listen-only mode. The question-and-answer session will begin once the presentation is concluded.
Please note that the information contained in this presentation and in statements that may be made during the conference call regarding Cosan’s business prospects, projections and operating and financial goals constitute the beliefs and assumptions of the company’s management as well as information currently available. Forward-looking considerations are not a guarantee of performance. They involve risks, uncertainties and assumptions as they refer to future events, and therefore, depend on circumstances that may or may not materialize. Investors should bear in mind that overall economic circumstances, market conditions and other operating factors may affect Cosan’s future performance and lead to results that differ materially from those expressed in such forward-looking statements.
I will now turn it over to Mr. Rodrigo Araujo.
Rodrigo Araujo
Hello, everyone. Thank you for joining our earnings call for the first quarter of 2025. Going through our usual disclaimers here.
So, for our next slide, we start with the highlights for the quarter. We had a quarter with around R$5 billion of EBITDA under management. It’s the first quarter that after the divestment of the Vale stake that we have. So, these
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