Fernando Tenel
Chief Financial Officer
Replay available
Cosan S.A. ADS (NYSE: CSAN) Q4 2025 earnings conference call, held 2026-03-10. Replay captured from the company's public earnings webcast.

Chief Financial Officer
Equity Research Analyst, Morgan Stanley
Chief Executive Officer
Chief Financial Officer, Raízen
Equity Research Analyst, BTG Pactual
Equity Research Analyst, JP Morgan
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WEBVTT 00:00:00.031 -- 00:00:02.031 Good 00:00:03.356 -- 00:00:06.521 morning, everyone, and thank you for waiting. 00:00:06.521 -- 00:00:09.907 Welcome to COSAN's fourth quarter 2025 00:00:09.907 -- 00:00:13.149 earnings release conference call. 00:00:13.653 -- 00:00:19.222 Simultaneous translation will be available during the session by clicking on Interpretation, 00:00:19.222 -- 00:00:23.508 the button with a globe at the bottom of the screen, and choosing your preferred language, 00:00:23.508 -- 00:00:27.231 Portuguese or English. 00:00:28.364 -- 00:00:33.271 If you are listening to the conference call in English, you have the option to mute the 00:00:33.271 -- 00:00:39.059 original audio in Portuguese by clicking on Mute Original Audio. 00:00:39.059 -- 00:00:44.767 The conference call is being recorded and will be available on the company's IR website 00:00:44.767 -- 00:00:47.087 at cosan.com.br. 00:00:49.013 -- 00:00:53.619 During the company's presentation, attendees will be on a listen-only mode. 00:00:53.619 -- 00:00:57.845 The Q&A session will begin once the presentation is concluded. 00:00:57.845 -- 00:01:02.877 Please note that the information contained in this presentation and in statements that 00:01:02.877 -- 00:01:07.648 may be made during the conference call regarding Cosan's business prospects, projections 00:01:07.648 -- 00:01:12.599 and operating and financial goals are based on beliefs and assumptions of the company's 00:01:12.599 -- 00:01:16.458 executive board, as well as information currently available. 00:01:16.458 -- 00:01:21.504 Forward-looking considerations are not a guarantee of performance, as they involve 00:01:21.504 -- 00:01:27.431 risks, uncertainties and assumptions, and refer to future events that may depend on circumstances 00:01...