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Cosan
Type
Sociedade Anônima
Traded as BM&F Bovespa: CSAN3, CZLT11
NYSE: CZZ
Industry Conglomerate
Founded 1936
Headquarters São Paulo, Brazil
Key people
Marcos Marinho Lutz (CEO)
Products Energy
Ethanol
Fuel
Logistics
Revenue Increase US$14.4 billion (2016)
Net income
Increase US$ 307.1 million (2016)
Number of employees
45,000
Subsidiaries Raízen
Rumo
Moove
Cosan Biomassa
Comgás
Website www.cosan.com.br

Cosan is a public listed company, a Brazilian conglomerate producer of bioethanol, sugar and energy . The company operates in Brazil, Uruguay, Paraguay, Bolivia and United Kingdom.

Cosan began in 1936 in Piracicaba city in State of São Paulo, with the founding of its first factory for milling of sugar cane. From the second half of the 1980s, it quickly expanded operations through the acquisition of several factories in the State of São Paulo. Cosan cultivates, collects and processes sugar cane, the main raw material used in the production of sugar and ethanol. Its 23 plants occupy almost 600,000 hectares of land and employ 45,000 people. In the food sector the company owns 11.5% of shares of Camil Alimentos, that merged with Cosan Alimentos in 2012.

On April 24, 2008 Cosan announced the purchase of the portfolio of downstream fuel distribution plants from Esso in Brazil.

On March 13, 2009, the Group confirmed the incorporation of NovAmérica Agroenergia through a stock exchange operation between the Cosan and holding Rezende Barbosa, controller of NovAmérica. With the acquisition, the group Cosan reinforces its position as the largest producer of sugar and alcohol in the world and will have an annual processing capacity of around 56 million tonnes of sugar cane, 10% of the Brazilian market, managing 23 plants.

On 3 May 2012, Cosan signed a memorandum of understanding to acquire the BG Group's 60.1% stake in Comgás. The deal was completed in November 2012.

On February 1, 2010 Cosan and Royal Dutch Shell announced the creation of a joint venture Raízen that merged their operations of sugar, ethanol and the distribution and marketing of fuels in Brazil. It formed the third largest distribution company in Brazil and the world's largest bioenergy operation. The company is valued at US$12 billion.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q1 2020 2020-06-04 2.81 0.54
Q4 2019 2020-02-20 1.56 0.40
Q3 2019 2019-11-13 2.34 0.53
Q2 2019 2019-08-12 0.00 0.23
Q1 2019 2019-07-26 0.00 0.21
Q4 2018 2019-04-30 0.00 0.80
Q3 2018 2018-11-07 0.00 0.06
Q2 2018 2018-08-10 0.00 0.01
Q1 2018 2018-05-10 0.00 0.12
Q4 2017 2018-02-22 0.00 0.36

Ratings

2015-09-28 Downgrade Bank of America Buy to Neutral $8.40 to $3.60
2015-09-28 Downgrade Bank of America Corp. Buy to Neutral $8.40 to $3.60
2015-05-12 Initiated Coverage Goldman Sachs Buy $9.50
2015-05-12 Initiated Coverage Goldman Sachs Group Inc. Buy $9.50
2015-05-06 Downgrade HSBC Buy $15.00 to $13.00
2014-12-17 Upgrade Standpoint Research Hold to Buy $12.00
2012-12-12 Initiated Barclays Equal Weight $21
2010-07-09 Downgrade Stanford Research Buy to Hold
2010-07-09 Downgrade Standpoint Research Buy to Hold
2009-12-29 Upgrade JP Morgan Neutral to Overweight $10
2009-12-28 Reiterated Standpoint Research Buy $11 to $13
2009-12-02 Reiterated Standpoint Research Buy $10 to $12
2009-08-24 Initiated Standpoint Research Buy $14
2008-10-22 Downgrade Deutsche Securities Buy to Hold
2008-01-18 Initiated Bear Stearns Outperform
2007-10-15 Initiated HSBC Securities Neutral $16
2015-09-28 Downgrade Bank of America Buy to Neutral $8.40 to $3.60
2015-09-28 Downgrade Bank of America Corp. Buy to Neutral $8.40 to $3.60
2015-05-12 Initiated Coverage Goldman Sachs Buy $9.50
2015-05-12 Initiated Coverage Goldman Sachs Group Inc. Buy $9.50
2015-05-06 Downgrade HSBC Buy $15.00 to $13.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks

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