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Operating and Financial Report – Harvest 19/20 – September/2019
Consolidated Pro-forma Results (Mill and Energetic)Disclosure: 2019/10/15
Operational Summary - (HV 18/19 x HV 19/20)
Industrial and Agricultural Operating Performance – Accumulated Crop Results (April to September)
2
Sugarcane Total HV 18/19 (R) HV 19/20 (R) Nominal Change Change %
Raw Material 8,539,309 9,781,087 1,241,778 14.5%
Own Sugarcane (t) 2,474,640 3,123,676 649,037 26.2%
Third-Party Sugarcane (t) 6,064,669 6,657,411 592,741 9.8%
POL (%) - S. Total 13.62 13.57 -0.05 -0.4%
ATR - S. Total 136.79 130.31 -6.48 -4.7%
TCH - S. Total 78.67 83.10 4.43 5.6%
Kg ATR/ha - S. Total 10,762 10,830 67.45 0.6%
Production HV 18/19 (R) HV 19/20 (R) Nominal Change Change %
Equivalent Sugar (bg) 22,648,929 24,890,155 2,241,226 9.9%
Total Sugar (bg) 11,718,867 12,724,309 1,005,442 8.6%
VHP Sugar (t) 553,209 577,581 24,371 4.4%
Raw Sugar 0 54,060 54,060 100.0%
Crystal Sugar (bg) 654,683 1,118,638 463,955 70.9%
Molasses (t) 41,860 53,778 11,918 28.5%
Total Ethanol (m³) 322,442 356,571 34,129 10.6%
Anhydrous (m³) 158,683 187,643 28,960 18.3%
Hydrous (m³) 163,760 168,928 5,169 3.2%
Energy (MWh) 439,553 458,792 19,239 4.4%
(Sc = 50 Kg/20 = tons)
Operating and Financial Report – Harvest 19/20 – September/2019
Consolidated Pro-forma Results (Mill and Energetic)Disclosure: 2019/10/15
3
Gross Revenue– Accumulated Crop Results (April to September)
Gross Revenue - (HV 18/19 x HV 19/20)
VOLUME
Sucrose Production - (Sc) 13,329,362 15,255,119 1,925,757 14.4%
Total Sugar - (sc) 6,855,254 6,998,026 142,772 2.1%
VHP Sugar - (t) 310,550 321,948 11,399 3.7%
Crystal Sugar - (sc) 644,261 559,059 -85,202 -13.2%
Total Ethanol - (m³) 187,088 238,418 51,329 27.4%
Anhydrous - (m³) 99,669 107,185 7,515 7.5%
Hydrous - (m³) 87,419 131,233 43,814 50.1%
Molasses - (t ) 41,766 53,920 12,154 29.1%
Energy Total - (MWh) 374,930 281,289 -93,641 -25.0%
Contract Energy 300,880 242,515 -58,365 -19.4%
Spot Energy 74,051 38,774 -35,277 -47.6%
(Sc = 50Kg/20 = tons)
AVARAGE PRICE
Sucrose Production - (R$/Sc) 56.25 59.48 3.23 5.7%
Total Sugar - (R$/Sc) 54.79 55.68 0.89 1.6%
VHP Sugar - (R$/t) 1,075.78 1,081.53 5.76 0.5%
Crystal Sugar - (R$/sc) 64.46 74.19 9.73 15.1%
Total Ethanol - (R$/m³) 1,891.00 2,040.32 149.32 7.9%
Anhydrous - (R$/m³) 1,859.27 1,996.92 137.64 7.4%
Hydrous - (R$/m³) 1,927.17 2,075.77 148.60 7.7%
Molasses - (R$/t) 488.81 580.08 91.26 18.7%
Energy Total - (R$/MWh) 269.33 216.13 -53.19 -19.8%
Contract Energy 225.80 216.22 -10 -4.2%
Spot Energy 446.18 215.55 -231 -51.7%
REVENUES
Gross Revenue - (R$ mil) 870,053 980,929 110,875 12.7%
Sucrose Production - (R$ mil) 749,811 907,400 157,590 21.0%
Total Sugar - (R$ mil) 375,611 389,675 14,064 3.7%
VHP Sugar - (R$ mil) 334,082 348,198 14,115 4.2%
Crystal Sugar - (R$ mil) 41,529 41,478 -52 -0.1%
Total Ethanol - (R$ mil) 353,784 486,448 132,664 37.5%
Anhydrous - (R$ mil) 185,312 214,039 28,726 15.5%
Hydrous - (R$ mil) 168,471 272,409 103,938 61.7%
Molasses - (R$ mil) 20,416 31,278 10,862 53.2%
Others - (R$ mil) 19,264 12,733 -6,531 -33.9%
Energy - (R$ mil) 100,978 60,795 -40,183 -39.8%
Contract Energy 67,938 52,438 -15,500 -22.8%
Spot Energy 33,040 8,358 -24,683 -74.7%
* Within the volume of 374.930 for the 18/19 crop, resale of energy performed in the energy compensation chamber is included. If we purge these values we
will reach a cogeneration of 272,672. Therefore, when we compare only the direct sales between one crop and another, we will have an increase of + 3.2% in
the volume sold.
Change %Commercial - Volume HV 18/19 (R) HV 19/20 (R) Nominal Change
HV 18/19 (R) HV 19/20 (R) Nominal Change Change %
Commercial - Gross Revenues
Commercial - Gross Price
HV 18/19 (R) HV 19/20 (R) Nominal Change Change %
Volume % Fixed * Cents/lb brl/ton
Hedge Volume (t) 643,171 77% 13.04 1,138
Volume to be fixed (t) 196,794 23% 12.89 1,192
Total Production 839,965 100% 13.01 1,151
Hedge Volume (t) 273,242 32% 13.94 1,312
Volume to be fixed (t) 591,892 68% 13.33 1,254
Total Production 865,134 100% 13.53 1,273
Hedge Volume (t) 156,286 18% 14.27 1,409
Volume to be fixed (t) 708,889 82% 14.09 1,389
Total Production 865,175 100% 14.12 1,393
* Includes potential likely of desk operations (OTOs)
Harvest 2021/2022
Harvest 2020/21
Fixings Frame Sugar VHP
Harvest 2019/20
Operating and Financial Report – Harvest 19/20 – September/2019
Consolidated Pro-forma Results (Mill and Energetic)Disclosure: 2019/10/15
Income Statement – Accumulated Crop Results (April to September)
4
Economic and Financial Summary – (HV 18/19 x HV 19/20)
Balance Sheet – Accumulated Crop Results (April to September)
Income Statement - BRGAAP
Amount
(R$ thousand)
September/18
%T
Amount
(R$ thousand)
September/19
%T Change R$ Change %
( + ) Gross Sales Revenue 870,053 100.0% 980,929 100.0% 110,876 12.7%
( - ) Deductions -54,614 -6.3% -81,211 -8.3% 26,597 48.7%
( = ) Net Sales Revenue (A) 815,439 93.7% 899,717 91.7% 84,278 10.3%
( - ) Cost of Goods Sold (B) -468,160 -57.4% -456,622 -50.8% -11,539 -2.5%
( - ) Depreciation, Amortization, Depletion -106,461 -13.1% -156,574 -17.4% 50,113 47.1%
( - ) Crop Treatment Amortization -53,432 -6.6% -64,190 -7.1% 10,759 20.1%
( = ) Gross Prof it 187,386 23.0% 222,331 24.7% 34,945 18.6%
( - ) Administrative Expenses (C) -66,800 -8.2% -63,570 -7.1% -3,230 -4.8%
( - ) Depreciation -2,044 -0.3% -2,083 -0.2% 39 1.9%
( - ) Expenses with Sales and Logistics (D) -52,353 -6.4% -65,558 -7.3% 13,204 25.2%
( - ) Depreciation -1,733 -0.2% -1,776 -0.2% 43 2.5%
( = ) Operating Income - Before Income / Expenses 64,456 7.9% 89,345 9.9% 24,889 38.6%
( ± ) Other Operating Income and Expenses (E) 23,980 2.9% 5,751 0.6% -18,230 -76.0%
( ± ) Other Depreciation, Loss of Permanent Assets -9,602 -1.2% -10,538 -1.2% 936 9.7%
( ± ) Equity -11 0.0% 479 0.1% 490 4473.1%
( = ) Operating Prof it 78,824 9.7% 85,037 9.5% 6,213 7.9%
( ± ) Net Financial ex Foreign Exchange -199,490 -24.5% -127,884 -14.2% -71,606 -35.9%
( ± ) Exchange Rates -242,434 -29.7% -86,338 -9.6% 156,096 -64.4%
( = ) Income Before income tax and social contribution -363,100 -44.5% -129,185 -14.4% -233,915 -64.4%
( - ) Income Tax and Social Contribution 20,741 2.5% 35,190 3.9% 14,449 69.7%
Net Income / Loss -342,359 -42.0% -93,995 -10.4% 248,364 -72.5%
EBITDA (F)=(A+B+C+D+E) 252,092 30.9% 320,198 35.6% 68,106 27.0%
Variat ion of Biological Assets (G) 25,734 -2,128 -27,862 -108.3%
IFRS Effects Adjustment 16 0 -67,722 -67,722 -100.0%
ADJUSTED EBITDA (I)=(F+G+H) 277,826 34.1% 250,348 27.8% -27,478 -9.9%
Gross Debt 3,017,006 2,899,805 -117,201 -3.9%
Net Debt 2,801,270 2,690,529 -110,741 -4.0%
Readily Marketable Inventories 384,709 285,708 -99,001 -25.7%
Net Debt Stocks 2,416,560 2,404,820 -11,740 -0.5%
Dollar on September 2018 = 4.0036
Dollar on March 2019 = 3.8964
Dollar on September 2019 = 4.1641
Consolidated Balance Sheets under BRGAAP
ASSETS Amount (R$ thousand) LIABILITY Amount (R$ thousand)
2019/03/31Variat ion
(+ -)2019/03/31
Variat ion
(+ -)
Current 1,294,904 1,520,030 17% 225,126 Current 1,237,473 1,723,749 39% 486,276
Cash, Banks and Applications 316,304 206,854 -35% -109,450 Suppliers 99,741 209,525 110% 109,784
Accounts Receivable 96,948 106,141 9% 9,193 Loans and Financing 905,494 970,172 7% 64,678
Readily Marketable Inventories 30,894 284,560 821% 253,666 Agricultural lease / partnership payable 0 51,430 100% 51,430
Stock Semifinished 1,307 1,148 -12% -159 Taxes and Contributions 29,443 23,533 -20% -5,910
Third Party Stock 7,490 129,020 1623% 121,530 Advances from Customers 72,686 306,954 322% 234,268
Advences from suppliers 393,293 377,077 -4% -16,216 Labor Legislation Liabilities 66,863 80,234 20% 13,371
Warehouse 52,880 73,038 38% 20,158 Other Obligations 7,859 26,514 237% 18,655
Biological Assets 236,289 226,828 -4% -9,461 Proposed dividends* 55,387 55,387 0% 0
Recoverable Taxes 122,491 98,301 -20% -24,190
Related Parties 0 0 0% 0
Other Credits 37,008 17,063 -54% -19,945
Noncurrent 4,143,147 5,092,694 23% 949,547 Noncurrent 2,866,838 3,663,443 28% 796,605
Long-term Receivables 2,908,044 3,029,958 4% 121,914 Loans and Financing 1,821,951 1,929,633 6% 107,682
Financial investments 1,580 2,422 53% 842 Agricultural lease / partnership payable 0 684,359 100% 684,359
Advences from suppliers 65,795 65,795 0% 0 Taxes and Contributions 95,494 121,597 27% 26,103
Related Parties 42,747 43,266 1% 519 Provisions for Contingencies 8,756 9,401 7% 645
Recoverable Taxes 1,740 2,899 67% 1,159 Provisions for Deferred Income Tax and 593,420 556,013 -6% -37,407
Judicial Deposits 1,415 1,302 -8% -113 Related Parties 0 0 0% 0
Other Credits Receivable 2,794,767 2,914,274 4% 119,507 Other Obligations 347,217 362,440 4% 15,223
Investments 19,189 4,942 -74% -14,247 Net Equity 1,333,740 1,225,532 -8% -108,209
Fixed Assets 1,215,321 1,314,212 8% 98,891 Share Capital 408,845 408,845 0% 0
Intangible 593 992 67% 399 Shares in Treasury -1,215 -1,215 0% 0
Right of use 0 742,590 100% 742,590 Revaluation Reserve 2,986 490 -84% -2,496
Equity Adjustment 105,293 101,598 -4% -3,695
Profit Reserves 817,831 715,814 -12% -102,017
TOTAL ASSETS 5,438,051 6,612,724 22% 1,174,673 TOTAL LIABILITY 5,438,051 6,612,724 22% 1,174,673
Dol lar on September 2018 = 4.0036
Dol lar on March 2019 = 3.8964
Dol lar on September 2019 = 4.1641
2019/09/30 2019/09/30
Operating and Financial Report – Harvest 19/20 – September/2019
Consolidated Pro-forma Results (Mill and Energetic)Disclosure: 2019/10/15
Net Financial Reconciliation - Accumulated Crop Results (April to September)
Capex and Depreciation - Accumulated Crop Results (April to September)
5
*The increase in IAA credit restatement is due to two factors: 1) correction rate variation (IPCA-E + 6% pa) in September 2019 the cumulative index was 1.39%correction, in the same period. previous crop period in September 2018 the rate was 2.32%, 2) In December 2018 the company updated the provision for IAA /law 4870 credits in the amount of R $ 1.7 BI.
Economic and Financial Summary – (HV 18/19 x HV 19/20)
Depreciation, Treatment and Depletion in COGS -181,302
Depreciation in the Administrative -2,083
Depreciation in the Commercial -1,776
Total Depreciation - Income Statement -185,161
Stock Depreciation -101,232
Total Depreciation -286,394
DEPRECIATION - DEPLETION - AMORTIZATION
Amount
(R$ thousand)
September/19
Group of Accounts Balance in
March 31, 2019 Additions
Disposals
and/or
Write-offs
Depreciation Transfers Reclassification
Balance in
September 30,
2019
Aircraft 777 0 0 -101 0 0 675
Facilities, Buildings and Improvements 285,747 6,644 0 -10,271 11,725 0 293,845
Furniture and Utensiles 8,549 1,927 -2 -1,013 504 0 9,964
Machinery, Vehicles and Implements 490,638 63,922 -6,992 -30,678 6,274 0 523,164
Common Replacement Parts and Itens 79,239 71,967 0 -85,240 5,136 0 71,101
Land and Properties 19,457 336 -13 0 0 0 19,780
Fixed Asset in Progress 27,174 67,668 0 0 -23,638 -468 70,735
Advance to Suppliers 0 0 0 0 0 0 0
Total Capex 911,580 212,465 -7,007 -127,304 0 -468 989,266
Sugarcane Crops 303,742 71,286 -1,320 0 0 -48,761 324,947
Treatment of Sugacane Cultivation 0 0 0 0 0 0 0
Total Plant Carrier 303,742 71,286 -1,320 0 0 -48,761 324,947
Sugacane Cultivation 103,941 0 -2,211 -58,367 2,128 48,761 94,251
Treatment of Sugacane Cultivation 151,617 100,831 0 -100,602 0 0 151,846
Total Biological Assets in Current 236,289 100,831 -2,211 -158,969 0 50,888 226,828
Intangible 593 52 0 -121 0 468 992
Energética 0 0 0 0 0 0 0
Grand Total 1,452,204 384,633 -10,538 -286,394 0 2,128 1,542,033
BRGAAP
Opening of Net Financial and Foreign Exchange
Amount
(R$ thousand)
September/18
Amount
(R$ thousand)
September/19
( = ) NET FINANCIAL -199,490 -127,884
( + ) Correction IAA 21,787 98,619
( + ) Interest on Mutual Loan 2,424 175
( + ) Income from Investments 9,826 5,075
( + ) Interest (CPC 06) 0 -39,133
( ± ) Other Financial Expenses / Income -27,530 -34,492
( - ) Interest on loans -140,259 -140,453
( ± ) Gains and Losses, Net of Derivative Transactions -65,738 -17,673
( = ) EXCHANGE VARIATION -242,434 -86,338
Dollar on September 2018 = 4.0036
Dollar on March 2019 = 3.8964
Dollar on September 2019 = 4.1641
Operating and Financial Report – Harvest 19/20 – September/2019
Consolidated Pro-forma Results (Mill and Energetic)Disclosure: 2019/10/15
Indebtednes Analysis – Accumulated Crop Results (September - 2019)
6
Indebtednes
Dollar on
(USD):
Net Debt 2,690.5
4.1641
Gross Debt 2,899.8
(R$MM)September of 2019
2019/09/30
Disclosure: 2019/010/15Operating and Financial Report – Harvest 19/20 – September/2019
Consolidated Pro-forma Projections (Mill and Energetic)
Economic and Financial Summary – (HV 18/19 x HV 19/20)
Harvest Projections 2019/20 (March- 2020) - GUIDANCE
Sugarcane Total HV 18/19 (R ) HV 19/20 (O) Nominal Change Change %
Raw Material 13,068,213 14,410,000 1,341,788 10.3%
Own Sugarcane (t) 4,844,092 5,315,000 470,908 9.7%
Third-Party Sugarcane (t) 8,224,121 9,095,000 870,880 10.6%
POL (%) - S. Total 13.50 13.34 -0.16 -1.2%
ATR - S. Total 135.02 133.67 -1.35 -1.0%
TCH - S. Total 74.51 77.71 3.20 4.3%
Production HV 18/19 (R.) HV 19/20 (O) Nominal Change Change %
Equivalent Sugar (bg) 33,891,120 36,987,255 3,096,135 9.1%
Total Sugar (bg) 17,984,039 19,889,043 1,905,004 10.6%
VHP Sugar (t) 800,861 866,218 65,357 8.2%
Raw Sugar (Sc) 87,683 150,000 62,317 71.1%
Crystal Sugar (bg) 1,879,137 2,414,674 535,537 28.5%
Molasses (t) 52,405 65,845 13,440 25.6%
Total Ethanol (m³) 472,342 505,658 33,316 7.1%
Anhydrous (m³) 239,310 272,563 33,253 13.9%
Hydrous (m³) 233,031 233,095 63 0.0%
Energy (MWh) 642,364 720,251 77,886 12.1%
(Sc = 50 Kg/20 = tons)
Disclosure: 2019/010/15Operating and Financial Report – Harvest 19/20 – September/2019
Consolidated Pro-forma Projections (Mill and Energetic)
Economic and Financial Summary – (HV 18/19 x HV 19/20)
Notes
VOLUME
Sucrose Production - (Sc) 34,474,687 36,255,883 1,781,196 5.2%
Total Sugar - (sc) 18,696,911 19,346,077 649,166 3.5%
VHP Sugar - (t) 828,531 840,133 11,602 1.4%
Crystal Sugar - (sc) 2,126,300 2,543,420 417,120 19.6%
Total Ethanol - (m³) 470,822 501,647 30,825 6.5%
Anhydrous - (m³) 244,406 272,684 28,278 11.6%
Hydrous - (m³) 226,416 228,963 2,547 1.1%
Molasses - (t ) 52,196 65,793 13,597 26.1%
Energy* - (MWh) 510,330 410,005 -100,325 -19.7%
(Sc = 50Kg/20 = tons)
AVARAGE PRICE
Sucrose Production - (R$/Sc) 58.55 62.68 4.13 7.1%
Total Sugar - (R$/Sc) 56.70 60.00 3.29 5.8%
VHP Sugar - (R$/t) 1,106.07 1,166.42 60.35 5.5%
Crystal Sugar - (R$/sc) 67.61 71.07 3.45 5.1%
Total Ethanol - (R$/m³) 1,981.73 2,139.07 157.34 7.9%
Anhydrous - (R$/m³) 1,950.99 2,128.26 177.27 9.1%
Hydrous - (R$/m³) 2,014.92 2,151.95 137.03 6.8%
Molasses - (R$/t) 482.77 587.77 104.99 21.7%
Energy* - (R$/MWh) 261.36 225.90 -35.46 -13.6%
REVENUES
Gross Revenue - (R$ mil) 2,175,945 2,365,049 189,104 8.7%
Sucrose Production - (R$ mil) 2,018,416 2,272,428 254,011 12.6%
Total Sugar - (R$ mil) 1,060,174 1,160,698 100,524 9.5%
VHP Sugar - (R$ mil) 916,412 979,947 63,535 6.9%
Crystal Sugar - (R$ mil) 143,762 180,750 36,988 25.7%
Total Ethanol - (R$ mil) 933,043 1,073,059 140,016 15.0%
Anhydrous - (R$ mil) 476,835 580,342 103,507 21.7%
Hydrous - (R$ mil) 456,209 492,717 36,508 8.0%
Molasses - (R$ mil) 25,199 38,671 13,472 53.5%
Energy* - (R$ mil) 133,380 92,621 -40,758 -31%
Others - (R$ mil) 24,149 0 -24,149 -100.0%
* Energy line has volume, prices and Revenues (Mill and Energetic)
Change %Commercial - Gross Revenues HV 18/19 (R) HV 19/20 (P) Nominal Change
Change %
Commercial - Gross Price HV 18/19 (R) HV 19/20 (P) Nominal Change Change %
Commercial - Volume HV 18/19 (R) HV 19/20 (P) Nominal Change
Harvest Projections 2019/20 (March- 2020) - GUIDANCE
Disclosure: 2019/010/15Operating and Financial Report – Harvest 19/20 – September/2019
Consolidated Pro-forma Projections (Mill and Energetic)
Economic and Financial Summary – (HV 18/19 x HV 19/20)
Harvest Projections 2019/20 (March- 2020) - GUIDANCE
Income Statement - BRGAAP HV 18/19 (R) %T HV 19/20 (P) %T Change R$ Change %
( + ) Gross Sales Revenue 2,175,945 100.0% 2,365,049 100.0% 189,104 8.7%
( - ) Deductions -122,052 -5.6% -137,855 -5.8% 15,803 12.9%
( = ) Net Sales Revenue (A) 2,053,893 94.4% 2,227,194 94.2% 173,301 8.4%
( - ) Cost of Goods Sold (B) -1,123,130 -54.7% -1,104,467 -49.6% -18,663 -1.7%
( - ) Depreciation, Amortization, Depletion -314,275 -15.3% -303,176 -13.6% -11,099 -3.5%
( - ) Crop Treatment Amortization -174,562 -8.5% -160,843 -7.2% -13,719 -7.9%
( = ) Gross Profit 441,927 21.5% 658,707 29.6% 216,781 49.1%
( - ) Administrative Expenses (C) -123,406 -6.0% -123,393 -5.5% -13 0.0%
( - ) Depreciation -4,065 -0.2% -3,829 -0.2% -236 -5.8%
( - ) Expenses with Sales and Logistics (D) -93,266 -4.5% -124,091 -5.6% 30,825 33.1%
( - ) Depreciation -3,509 -0.2% -2,834 -0.1% -675 -19.2%
( = ) Operating Income - Before Income / Expenses 217,681 10.6% 404,560 18.2% 186,879 85.9%
( ± ) Other Operating Income and Expenses (E) 81,937 4.0% 29,581 1.3% -52,356 -63.9%
( ± ) Other Depreciation, Loss of Permanent Assets -24,181 -1.2% 0 0.0% 24,181 -100.0%
( ± ) Equity 1,221 0.1% 1,221 0.1% 0 0.0%
( = ) Operating Profit 276,658 13.5% 435,362 19.5% 158,704 57.4%
( ± ) Net Financial ex Foreign Exchange 314,098 15.3% -233,021 -10.5% -547,119 -174.2%
( ± ) Exchange Rates -199,368 -9.7% 0 0.0% 199,368 -100.0%
( = ) Income Before income tax and social contribution 391,388 19.1% 202,341 9.1% -189,047 -48.3%
( - ) Income Tax and Social Contribution -146,607 -7.1% -51,935 -2.3% 94,672 -64.6%
Net Income / Loss 244,781 11.9% 150,406 6.8% -94,375 -38.6%
EBITDA (F)=(A+B+C+D+E) 797,249 38.8% 906,045 40.7% 108,796 13.6%
Variation of Biological Assets (G) 19,269 0 -19,269 -100.0%
Gains / losses on derivatives on exports (H) 0 0 0 -100.0%
ADJUSTED EBITDA (I)=(F+G+H) 816,518 39.8% 906,045 40.7% 89,527 11.0%
Notes
Operating and Financial Report – Harvest 19/20 – September/2019
Consolidated Pro-forma Results (Mill and Energetic)Disclosure: 2019/10/15
Certifications
Recent Agricultural Performance Awards & Certifications
Awarded by the IDEA Group with the
Productivity Champion Prize 16/17 between the
plants in the Center-South of Brazil¹
APR 16/17
People & Management Awards
Social, Environmental & Certifications
Regognized by Valor Econômico newspaper
as one of the best companies in People
Management
Recognized by Época/Great Place to Work Brazil as one of
the best Companies to Work in Brazil
Awarded by IstoÉDinheiro Rural Magazine
with the first place in Corporate Management
Recognized Grupo Gestão RH as one of the best companies Human
Resources Teams in Brazil
Elected by Você S/A magazine as one of the 150 best companies to
work for in Brazil
Evaluated as A classification by BENRI, reflecting its position among the best cane
fields in Brazil
AUG/2017AUG/2016AUG/2015
Awarded the DuPont Safety Award in the
Occupational Health and Safety Management
Category
Recognized for stimulate the practice of
sustainable actions in its productive chain.
Highlight of this year was in the area of
security
Best company in People Management and Socio
Environmental Responsibility
Restoration of forests and restocking of the Coruripe with native
species 17,000 hectares of its own land are
destined for preservation
.
Social Projects: Day care centers; Papermaking Workshop, Florescer
and Barriga CheiaProjects
Awarded by the IDEA Group with the
Productivity Champion Prize 15/16 between the
plants in the Center-South of Brazil¹
APR 15/16
JUL/2015 MAY/2018MAY/2017
NOV/2018NOV/2017NOV/2016
Elected by ÉpocaMagazine with the first
place in the Future Vision dimension of
the Agribusiness Segment
OCT/2017OCT/2018
Recognized by the good practices of socio-
environmental responsibility,
citizenship, human capital and community
relations.
JUL/2018JUL/2017
JUL/2018JUL/2017JUL/2016
We were selected for the group of Brazilian companies from the
Sustainability Guide of Exame Magazine.
NOV/2018NOV/2017
JUL/2018JUL/2015
SEP/2018SEP/2017SEP/2016
Elected champion in sustainability among the best of agribusiness by
Globo Rural
OCT/2018
NOV/2015
We were the first plant in the country to receive the Amiga Company seal
of the Atlantic Forest, granted in 2017 by the
Mata AtlânticaBiosphere Reserve
(RBMA), linked to the MaB program of Unesco.
Environmental Reserves:
Mata Atlântica FelizDeserto Biome, ALCerrado Janurária
Biome, MG
ISO 9001Quality management system. Certifies the
quality of the products produced.
ISO 14001Environmental
management system. Proves that the
productive chain respects the environment
OHSAS 18001Occupational Health
and Workplace Safety Management System. Acknowledges concern about the safety and
health of the employee
FSSC 22000Quality Management Food Safety. Ensures
food safety management in food
production.
EPA
Certificate for export of Ethanol to the United
States.
10
Awarded in the category Preservation and Conservation of
Flora
It certifies that the company defends
human, labor rights and is concerned to
implement and act with socially and
environmentally correct practices