INSUBCONTINENT EXCLUSIVE:
Cosan, a prominent Brazilian conglomerate, faced headwinds in the third quarter of 2024
complex economic landscape Cosan navigates
generate sales in a challenging environment
depreciation, and amortization) reached R$4.021 billion ($705.4 million)
This figure represents a 12% decrease compared to the same period in 2023.The EBITDA decline aligns with the overall profit reduction
(Photo Internet reproduction)First, lower contributions from equity-accounted investments, particularly from Compass and Moove subsidiaries
factors in the harvest cycle
currency volatility as ongoing challenges
economic trends in Brazil
High interest rates and currency fluctuations impact many sectors
