Biosev : Divulgação de Resultados 3T18

ADJUSTED EBITDA GROWS 45.4% TO
R$588 MILLION IN THE QUARTER8

Unit cost decreases 21.6% in 3Q18 (measured by ex-resale Cash COGS)

3Q18 AND 9M18 HIGHLIGHTS

• Crushing came to 29.1 million in 9M18, in line with 9M17;
• Consolidated agricultural yield (TCH) stood at 80.2 ton/ha in 9M18, up 0.8%, led by the MS Cluster, where yield grew 5% to 85.1 ton/ha;
• TCH In the Center South region reached 82.4 ton/ha in 9M18, a decrease of 0.6%;
  Consolidated Cane TRS increased 0.7% to 131.9 kg/ton in 9M18;
• TSH (total sugar per hectare) rose 1.6% to 10.6 ton/ha in 9M18;
• Production volume measured by Product TRS grew 2.8% to 3.8 million tons in 9M18;
• Net revenue growth for sugar, ethanol and energy was 12%, 12% and 53%, respectively;
• Unit Cash COGS (ex-resale) fell 21.6% in 3Q18 and 9.3% in 9M18, confirming the downward trend observed in 2Q18;
• Cash SG&A expenses decreased 7.7% in the quarter;
• Adjusted EBITDA (ex-HACC/resale) amounted to R$588 million in 3Q18 and R$1.3 billion in 9M18, with EBITDA Margin of 44.5% and 34.0%, respectively; and
• R$173 million non-recurring impact in the P&L due to payment of the resources received as a result of favorable decisions in certain lawsuits filed against the Instituto do Açúcar e do Álcool - IAA, to the historical Santelisa Vale shareholders, as already announced to the market in a Material Fact.
  

To access the earnings release, click here.

Regards,

Investor Relations Team

For further information contact:
Biosev S.A.
e-mail: ri@biosev.com
Site: www.biosev.com/ir