Cosan sees sales rise
The world’s largest sugarcane processor Cosan SA Industria & Comercio has experienced a fiscal Q4 net sales increase of 87%.
The Brazilian company saw sales from the fuel distribution unit, which accounted for 55% of total sales, increased 72% to 2.4 billion reais (€1,078,378,157).
Petrol sales doubled to 1.21 billion reais.
Net sales increased to 4.4 billion reais in the fiscal Q4 ending 31 March, compared with 2.349 billion reais a year earlier.
Sugar sales rose to 1.24 billion reais from 502.4 million reais after prices for the sweetener gained 51% in the period.
Exports doubled to 867.8 million reais and sales in the domestic market gained almost six-fold to 368.1 million reais.
The Brazilian company saw sales from the fuel distribution unit, which accounted for 55% of total sales, increased 72% to 2.4 billion reais (€1,078,378,157).
Petrol sales doubled to 1.21 billion reais.
Net sales increased to 4.4 billion reais in the fiscal Q4 ending 31 March, compared with 2.349 billion reais a year earlier.
Sugar sales rose to 1.24 billion reais from 502.4 million reais after prices for the sweetener gained 51% in the period.
Exports doubled to 867.8 million reais and sales in the domestic market gained almost six-fold to 368.1 million reais.
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