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Brazil's Raizen swings to loss in Q3 of the 2024/25 crop
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Brazil's Raizen swings to loss in Q3 of the 2024/25 crop
Feb 14, 2025 3:29 PM

SAO PAULO, Feb 14 (Reuters) - Brazilian sugarcane

processor Raizen posted on Friday a 2.57 billion real

($450.5 million) net loss in the third quarter of the 2024/25

crop, compared with a profit of 793 million reais in the same

period a year earlier.

Adjusted earnings before interest, taxes, depreciation and

amortization (EBITDA) came in at 3.12 billion reais in the

quarter, down 20.5% year-on-year and below the 3.42 billion

reais estimated by analysts in a LSEG poll.

($1 = 5.7042 reais)

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