Interno Make it happen Note: (1) Pro forma Net Debt/EBITDA in the last 12 months (LTM), adjusted by lease liabilities (IFRS 16); (2) Only considers the principal value of the debts, without taking into account the interest and MTM. It treats Perpetual Notes in 2031+ 11 Cosan Corporate | MANAGERIAL FREE CASH GENERATION Público | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------------------------|----------------------|-----------------------------------------|------------------ ...

Ricardo Lewin - CFO, IR Isabella Simonato - Bank of America Operator Good afternoon, everyone, and welcome to Cosan's earnings conference call for the second quarter of 2023. Regarding Cosan's Corporate net income, the growth is explained by the business performance on the top of the market-to-market of the total return swap of Cosan shares and the positive effect of the perpetuates -- due to the FX variation. In this quarter, as part of our liability management process to optimize our debt profile and capi ...

Cosan S.A. (NYSE:CSAN) Q1 2023 Results Conference Call May 16, 2023 9:00 AM ET Company Participants Conference Call Participants Gabriel Barra - Citi Bruno Montanari - Morgan Stanley André Vidal - XP Investimentos Please note that, the information contained in this presentation and in statements that maybe made during the earnings 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 ...

There has been an increase in ESG rules and regulations applicable to our business and we expect this tendency to continue. Given the pace of legislative developments in this area, we may not be able to comply with the new regulations in their totality. We are also exposed to the risk that future ESG rules and regulations may adversely affect our ability to conduct our business by requiring us to reduce the value of our assets or reduce their useful life, facing increased compliance costs or taking other ac ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Issuer Pursuant To Rule 13a-16 Or 15d-16 of the Securities Exchange Act of 1934 For the month of April 2023 Commission File Number: 333-251238 COSAN S.A. (Exact name of registrant as specified in its charter) N/A (Translation of registrant’s name into English) Av. Brigadeiro Faria Lima, 4100, – 16th floor São Paulo, SP 04538-132 Brazil (Address of principal executive offic es) Indicate by check mark whether th ...

财务数据和关键指标变化 - 公司整体2022年调整后EBITDA增长,主要受益于Rumo和土地板块的强劲表现 [17][18] - Raizen可再生能源业务EBITDA增长31%,但糖业务受成本压力利润下降 [10][12] - Rumo2022年创纪录运输量达750亿RTK,体现了运力提升和北部业务增长 [13] - Comgas受益于天然气销量增加和价格上涨,EBITDA增长28% [15] - Moove销量增长和整合PetroChoice,EBITDA增长41% [16][27] 各条业务线数据和关键指标变化 - Raizen可再生能源业务销量和价格上涨,但糖业务受成本压力 [10][12] - Rumo运输量创新高,达到75亿RTK,主要受益于北部业务增长 [13] - Comgas天然气销量增加,特别是工商业客户 [15] - Moove销量增长和整合PetroChoice,提升了整体盈利能力 [16][27] 各个市场数据和关键指标变化 - Raizen巴西营销和服务业务受燃料市场竞争压力,EBITDA下降35% [11][12] - Comgas工业客户需求有所放缓,但得益于价格调整和住商客户增长 [15] 公司战略和发展方向及行业竞争 - 公司继续推进Raizen二代乙醇项目,未来3个新厂将投产 [12] - Rumo开始Lucas do Rio Verde铁路扩建项目,确保农产品和投入品供应链 [14] - Comgas完成Gaspetro整合,正在进行资产剥离和基础设施投资 [15] - Moove通过收购PetroChoice和Tarena扩大在美国的业务布局 [27] - 公司持续优化土地资产组合,关注灌溉、碳信用等增值机会 [32][33] 管理层对经营环境和未来前景的评论 - 管理层表示2022年面临多重挑战,但各业务仍能保持良好表现 [8] - 对Raizen二代乙醇、Rumo扩张、Comgas整合以及Moove并购表示乐观 [24][25][26][27] - 认为公司土地资产组合管理和未来发展前景良好 [32][33] - 对巴西政府最新税收政策调整表示积极评价,认为有利于乙醇行业发展 [42][43][44] 其他重要信息 - 公司完成对Vale的少数股权收购,并对会计处理进行了调整 [19][20] - 公司ESG表现良好,获得多项ESG指数认证 [23] - Compass发布2023年指引,未来将聚焦整合、扩张和运营效率提升 [55][63][64][65] 问答环节重要的提问和回答 问题1 **Guilherme Palhares 提问** 询问公司土地资产组合管理和未来出售计划 [30][31] **Luis Henrique 回答** 公司将根据土地资产的成熟度和估值情况进行适时出售,没有具体目标,关注灌溉等增值机会 [32][33] 问题2 **Bruno Montanari 提问** 询问公司对Vale投资的会计处理和未来计划 [37][38] **Ricardo Lewin 和 Luis Henrique 回答** 公司将透明披露Vale投资相关的会计处理和衍生工具变动,并将积极参与Vale的公司治理 [46][47][48][49][39][40][41] 问题3 **Marcelo Gumiero 提问** 询问Compass未来整合和发展计划 [55][56][57][58][59] **Luis Henrique 回答** Compass将继续整合ComEd资产,与当地合作伙伴共同提升运营效率和客户满意度,同时关注潜在的收购和扩张机会 [56][57][58][59] 问题4 **Gabriel Barra 提问** 询问Compass未来发展重点和天然气自由市场销售机会 [61][62][63][64][65] **Luis Henrique 回答** Compass将继续推进天然气分销网络扩张、提升运营效率,同时关注天然气自由市场的监管变化和销售机会 [63][64][65]

| --- | --- | --- | --- | |-------|-------|-------|-------| | | | | | | | | | | 2 Público Disclaimer Eventual estimates and forward-looking statements made during this presentation regarding our strategy and opportunities for future growth is mainly based on our current expectations and estimates or projections of future events and trends, which affect or may affect our business and results of operations. Although we believe that these estimates and forward-looking statements are based upon reasonable assum ...

Cosan S.A. (NYSE:CSAN) Q3 2022 Earnings Conference Call November 14, 2022 4:00 PM ET Â Company Participants Luis Henrique Guimarães - Chief Executive Officer Ricardo Lewin - Chief Financial and Investor Relations Officer Conference Call Participants Thiago Duarte - BTG Pactual Bruno Montanari - Morgan Stanley Regis Cardoso - Credit Suisse Luiz Carvalho - UBS Operator Good afternoon, ladies and gentlemen, and thank you for waiting. Welcome to Cosan's Conference Call to discuss the results for the Third Quart ...

Cosan S.A. (NYSE:CSAN) Q2 2022 Earnings Conference Call August 15, 2022 9:00 AM ET Company Participants Ricardo Lewin – Chief Financial and Investor Relations Officer Luis Henrique Guimarães – Chief Executive Officer Conference Call Participants Isabella Simonato – Bank of America Thiago Duarte – BTG Pactual Vicente Neto – Bradesco BBI Luiz Carvalho – UBS Bruno Montanari – Morgan Stanley Gabriel Barra – Citi Regis Cardoso – Credit Suisse Lucas Ferreira – JP Morgan Operator Good morning, ladies and gentlemen ...

Confidencial | --- | --- | --- | |-------|-------|-------| | | | | | | | | Confidencial 2 Disclaimer Eventual estimates and forward-looking statements made during this presentation regarding our strategy and opportunities for future growth is mainly based on our current expectations and estimates or projections of future events and trends, which affect or may affect our business and results of operations. Although we believe that these estimates and forward-looking statements are based upon reasonable assum ...