Sucro Limited (SUGR) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone, and welcome to Sucral Limited's third quarter 2025 earnings conference call. Today's call is being recorded. Joining us are Jonathan Taylor, Chief Executive Officer, and Stefano D. Iniello, Chief Financial Officer. At this time, I'll turn the call over to Jonathan Taylor. Jonathan, please go ahead. Thanks, Operator, and good morning, everyone. I want to remind listeners that management's comments during this call may include forward-looking statements. These statements involve various known and unknown risks and uncertainties and are based on management's current expectations and beliefs, which may prove to be incorrect. Actual results could differ materially from those described in these forward-looking statements. Please refer to the text in Succo's earnings, press release, and financial filing for a discussion of the risks and uncertainties associated with these forward-looking statements. All dollar figures referred to today are in U.S. dollars unless stated otherwise. Q3 marked another successful and productive quarter for sucro even amid what continues to be a challenging macro trade environment and some specific U.S. sugar market issues. We saw strong execution at our operating sites and record year-to-date volume performance, surpassing 600,000 metric tons delivered through September. Our U.S. conventional raw sugar flows have remained particularly strong, and our refining operations have now largely returned to normal, with volumes and margins back in line with last year's performance. That's particularly evident at our Lackawanna refinery, which continued to improve operational efficiency and delivered solid contribution in Q3. More broadly, our integrated and synergistic business model continues to be a competitive strength. We're c...