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Brazil's Raizen sees 2024/25 adjusted EBITDA rising up to 18%
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Brazil's Raizen sees 2024/25 adjusted EBITDA rising up to 18%
May 13, 2024 5:05 PM

SAO PAULO, May 13 (Reuters) - Brazilian ethanol producer

Raizen expects its core earnings to rise up to 18% in

the 2024/2025 crop-year from the year earlier period, reaching

15.50 billion reais, a filing showed on Monday.

Raizen posted a 178 million reais adjusted net loss for the

fourth quarter of the crop, a separate filing noted, reversing a

profit of over 2.5 billion reais from year earlier, and missing

LSEG estimates of a 418.2 million reais profit.

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