Raizen $2.1 billion impairment reflects financial issues, not operational challenges, executives say

Cosan

13/02/2026 12:30

SAO PAULO, Feb 13 (Reuters) - Brazil’s Raizen has no operational problems and its third-quarter impairment of 11.1 billion reais ($2.12 billion) reflects its financial challenges and does not affect the company’s liquidity, company executives said on  Friday.

Late on Thursday, the beleaguered sugar and ethanol producer reported a net loss of 15.6 billion reais for the third-quarter of the 2025/26 crop year.

($1 = 5.2221 reais)

 (Reporting by Roberto Samora and Oliver Griffin
Editing by Tomasz Janowski)

 ((oliver.griffin@thomsonreuters.com; +55 11 95361-2170))