INSUBCONTINENT EXCLUSIVE:
sugarcane crushing, production, and sales
Drought and widespread fires hit 7% of the crop, cutting both volume and quality.This led to a 27% year-on-year drop in crushing during the
third quarter and a 30% fall in the fourth quarter compared to the previous year
R$793 million ($132M) profit from the previous year
R$66.87 billion ($11.145B), higher costs and surging administrative expenses eroded profitability
capitalization dropped by R$18.7 billion ($3.117B), nearly 48%, over the past year
balance ambitious expansion with financial sustainability
plants.The company aims to raise capital and reduce debt, consolidating E2G assets into a new business unit and seeking joint venture
adversity, financial strain, and the need for strategic realignment
