Cosan 2Q26 net loss narrows 66% to R$ 320 million; revenue rises 3% to R$ 10.78 billion - CSAN News | RalliesCosan 2Q26 net loss narrows 66% to R$ 320 million; revenue rises 3% to R$ 10.78 billion
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CSAN• Asset sales and funding transactions
- The Compass secondary IPO on B3 raised R$ 3 billion, delivering about R$ 2.3 billion in net proceeds to Cosan.
- The Radar portfolio sale was set at R$ 1.85 billion, with about R$ 586 million attributable to Cosan; closing is expected by Oct. 30, 2026.
2Q26 results and balance-sheet update
- Cosan posted a net loss attributable to controlling shareholders of R$ 320 million, narrowing 66% from a year earlier.
- Expanded net debt fell to R$ 9.22 billion, down 20% from 1Q26 and down 47% from 2Q25.
- Trailing 12-month net debt service coverage slid to 0.2x from 0.4x in 1Q26 as dividends and JCP received fell.
- Revenue rose 3% to R$ 10.78 billion.
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