Brazilian sugar and ethanol producer Raizen BMFBOVESPA:RAIZ4 on Monday posted a 7.3 billion real ($1.41 billion) net loss for the fourth quarter of the 2025/26 crop, almost tripling the loss from the same period a year earlier.
Raizen, which this month secured sufficient backing from creditors to proceed with an out-of-court debt restructuring, posted an adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of 2.9 billion reais, up 46% year-on-year.
($1 = 5.1733 reais)