Cosan S.A. Financial and Operational Update for June 2025

Cosan S.A. reported its financial and operational results for the six-month period ending June 30, 2025. The company's net operating revenue reached R$20.1 billion, with a gross margin of 32.1%. However, the net income for the period was a loss of R$2.5 billion, primarily due to a loss of R$2.0 billion from the equity accounting method of jointly-owned subsidiaries. The company's net debt stood at R$44.0 billion, reflecting investments aligned with its strategy. Key segments such as Compass, Moove, Rumo, and Radar showed mixed performance, with Compass and Radar reporting slight increases in revenue, while Moove and Rumo experienced declines. The company also highlighted its liquidity and capital resources, noting that it has access to various financing sources to meet its financial commitments.