Cosan

CSAN

SÃO PAULO, Aug. 18, 2026 (GLOBE NEWSWIRE) -- COSAN S.A. (B3: CSAN3; NYSE: CSAN) (“Cosan” or “Company”), in compliance with the provisions of article 157, paragraph 4, of Law No. 6404/76, and Resolution 44/21 of the Brazilian Securities Commission (Comissão de Valores Mobiliários — CVM), and in continuation of the Material Fact disclosed on August 14, 2026, hereby informs its shareholders and the market in general that it has formally notified the New York Stock Exchange (“NYSE”) of its intention to voluntarily delist the American Depositary Shares (the “ADS”), represented by American Depositary Receipts (the “ADRs”), each representing four common shares, no par value, of Cosan from the New York Stock Exchange (the “NYSE”), pursuant to a resolution adopted by its Board of Directors on August 14, 2026.

Cosan S.A. (CSAN) Q2 2026 Earnings Call Transcript

Cosan NYSE: CSAN reported a narrower net loss for the second quarter of 2026 as the Brazilian conglomerate advanced debt-reduction, divestment and cost-cutting efforts designed to simplify its holding-company structure.

Cosan NYSE: CSAN reported a narrower first-quarter net loss and highlighted a series of debt-reduction measures, while management said the holding company remains focused on deleveraging and simplifying its portfolio.

Cosan S.A. (CSAN) Q1 2026 Earnings Call Transcript

Cosan S.A. (CSAN) Q4 2025 Earnings Call Transcript

Cosan S.A. ( CSAN ) Q3 2025 Earnings Call November 17, 2025 9:00 AM EST Company Participants Rodrigo Alves - Chief Financial & Investor Relations Officer Marcelo Martins - CEO & Vice Chairman Conference Call Participants Gabriel Coelho Barra - Citigroup Inc., Research Division Isabella Simonato - BofA Securities, Research Division Thiago Duarte - Banco BTG Pactual S.A., Research Division Matheus Enfeldt - UBS Investment Bank, Research Division Monique Greco - Itaú Corretora de Valores S.A.

Cosan S.A. (NYSE:CSAN ) Shareholder/Analyst Call September 22, 2025 8:00 AM EDT Company Participants Rodrigo Alves - Chief Financial & Investor Relations Officer Marcelo Martins - CEO & Vice Chairman Conference Call Participants Renato Secondo Mazzola - BTG Pactual Gestora de Recursos Ltda Ralph Gustavo Rosenberg Thiago Duarte - Banco BTG Pactual S.A., Research Division Isabella Simonato - BofA Securities, Research Division Matheus Enfeldt - UBS Investment Bank, Research Division Gabriel Coelho Barra - Citigroup Inc., Research Division Monique Greco - Itaú Corretora de Valores S.A.

Cosan, Brazil's largest sugar and ethanol producer, aims to raise as much as 10 billion reais ($1.9 billion) in a public offering to address its increasing debt burden.

Cosan S.A.'s financial flexibility relies on asset sales and debt rollover, not recurring cash flow, leaving little margin for error amid high interest rates in Brazil. Raízen, Cosan's key subsidiary, faces severe cash burn and rising leverage, making a turnaround there crucial for Cosan's recovery thesis. Current high Selic rates and weak dividends keep Cosan's interest coverage ratio under pressure, with no clear short- or medium-term relief in sight.