SAO PAULO, Feb 14 (Reuters) - Brazilian sugarcane

processor Raizen on Friday posted a 2.57 billion real

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

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

period a year earlier.

WHY IT'S IMPORTANT

Raizen, whose main shareholders are Brazilian

conglomerate Cosan ( CSAN ) and Shell, is the world's

largest sugarcane processor.

The firm produces sugar and ethanol, while also

operating as a fuel distributor.

ADDITIONAL CONTEXT

Raizen released its quarterly

operational preview

in January, showing sugarcane crushing fell nearly 27%

year-on-year, and also discontinued its financial guidance for

the 2024/25 crop-year,

driving its shares

to all-time lows.

BY THE NUMBERS

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.

Net revenue rose some 14% in the period to 66.9 billion

reais, while analysts expected a 62.3 billion real quarterly

revenue.

KEY QUOTES

Raizen said its net profit "reflects a lower

contribution of its operational results, and the increase of

financial expenses, including non-recurring effects."

($1 = 5.7042 reais)