Gustavo Sarica's questions to Cosan SA (CSAN) leadership • Q2 2025
Question
Gustavo Sarica from Bradesco BBI inquired about the dividend outlook for Cosan's subsidiaries. He asked if Compass, given its strong cash generation, might exceed its 50% payout policy, and whether Move could resume its role as a major dividend payer by 2026 or 2027 after its restructuring.
Answer
CFO Rodrigo Araujo agreed that Compass is a stable, cash-generative business expected to pay good dividends but declined to provide specific guidance. Regarding Move, he stated it is too soon to discuss future dividends as the immediate focus is on operational recovery. However, he affirmed that Move is fundamentally a healthy, cash-generative company for the long term.