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    Guilherme Costa MartinsGoldman Sachs

    Guilherme Costa Martins's questions to Cosan SA (CSAN) leadership

    Guilherme Costa Martins's questions to Cosan SA (CSAN) leadership • Q1 2025

    Question

    Guilherme Costa Martins asked for a potential projection for the interest coverage ratio by the end of the year, assuming no further divestments are completed, to better understand the baseline financial health.

    Answer

    Executive Rodrigo Alves acknowledged that the interest coverage ratio is expected to decline throughout the year from its Q1 level. However, he did not provide a specific guidance figure, stating that the company is not working with a scenario where a deleveraging transaction is not executed this year.

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