Cosan (CSAN) has released an update.
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Cosan S.A. disclosed its Q1 2024 financial results, reporting a narrower net loss of R$192 million compared to R$904 million in Q1 2023, and a slight decrease in corporate gross debt to R$25.3 billion. The company’s performance reflects strategic initiatives such as liability management, growth investments in key projects across its portfolio, and portfolio management, including the divestiture of distributed generation projects by Raízen.
For further insights into CSAN stock, check out TipRanks’ Stock Analysis page.