Summary
- Raízen reported mixed financial results for the first quarter of the 2024/2025 harvest year.
- Net income surged by 58.8%, reaching R$1.065 billion, with significant growth driven by increased revenue and cost management.
- Adjusted EBITDA declined by 29.1% to R$2.313 billion, while net debt rose by 7.6% to R$31.59 billion.
- Raízen focuses on expanding renewable energy portfolio amidst industry challenges and competition.
