Cosan Logística S.A. Announces Earnings Results for the First Quarter Ended March 31, 2017
Cosan Logística S.A. announced earnings results for the first quarter ended March 31, 2017. For the quarter, the company’s closing balance of pro-forma net debt at the quarter ended March 31, 2017 was BRL 7,758.2 million. Operating cash flow was BRL 567.6 million. Net sales were BRL 1,199,174,000 against BRL 1,185,891,000 a year ago. Loss for the period was BRL 248,826,000 against loss from continuing operations of BRL 184,384,000 a year ago. Total net loss attributable to owners of the company was BRL 70,922,000 against BRL 48,044,000 a year ago. EBITDA was BRL 492,238,000 against BRL 442,378,000 a year ago. Additions to PP&E, intangible and biological assets were BRL 471,883,000 against BRL 284,874,000 a year ago. Net loss was BRL 71.0 million.