Biosev recorded operating historical records in 1Q21, marked by an adjusted ex-resale / HACC EBITDA of R$ 369.1 million, 8.9% above that recorded in the same period of the previous harvest. Unit EBITDA was R $ 31.7 per ton, growing 1.8% and an EBITDA margin of 33.9%.

The Company reached a total crushing volume of 11.6 million tons in 1Q21, a historical record for the period, 6.9% higher than 1Q20, mainly due to the higher productivity measured by TCH, favorable (drier) weather in the period. harvest (April to June) and improvement in operational performance. The agricultural productivity measured by the TCH reached 94.5 ton / ha, a 2.9% growth and the result of the best agronomic practices in planting renewal applied in sugarcane fields such as localized vinasse management, organic fertilization, leaf treatments and modernization of the stock varietal and, also due to the more favorable climatic conditions (rainier) in the period of formation of the cane field (January to March).

Among the high operating rates recorded in the period are the ATR Product of 129.0 kg ATR / ton (10.6% growth) and Industrial Efficiency, which grew 3.1%, reaching 1.042, which also boosted the positive operating result of R $ 186.5 million.

Net revenue ex-HACC for sugar, ethanol and energy reached R $ 1.3 billion, 13.8% higher than 1Q20, mainly due to the sale of higher volumes of sugar in the foreign market, higher volume of crushing, greater efficiency in the conversion of sugarcane and higher average prices of ethanol in the foreign market.

As of this harvest (20/21), aiming at a better management of industrial and agricultural assets, the Company changed the composition of its hubs. The Ribeirão Preto Norte Pole started to be composed by the Continental and Lagoa da Prata plants and the Ribeirão Preto Sul Pole started to be composed by the Santa Elisa, Leme, Vale do Rosário and MB (Morro Agudo) plants.

Flexible production 

With the harvest starting more sugar, Biosev's sugar mix reached 51.6%, 17.9 pp higher than the same period last year, and net ex-HACC sugar revenue increased 129.8%, reaching R $ 715, 6 million, results mainly due to better profitability in relation to ethanol and high demand for commercialization in the foreign market. With the flexibility of turning the mix guaranteed after the last investments, the company has analyzed the best proportions for the gain of agility and price adjustment.

"We have registered, from quarter to quarter, a great evolution from the point of view of operational efficiency and we are making significant progress in the process of change. Our schedule for implementing improvements is up to date and we have shown good results, even with the devaluation of the real. against the dollar. We continue to focus on reducing costs, consolidating initiatives to readjust the company's structure and make it more resilient in a price environment that is still quite challenging ", says Juan José Blanchard, president of Biosev.

Covid-19 

Care and safety measures in relation to the Covid-19 pandemic remain a priority for Biosev. For the safety of all, the Company keeps all employees of the risk group at bay and intensified the monitoring and control actions with the distribution of PPE (masks and 70% alcohol) and the availability of more buses in the transport fleet to the location working hours, limiting capacity to 50%. The cafeterias were also suitable for 50% of the capacity, with acrylics that limit social distance during meals. In addition, a specific committee remains in place to daily assess the general situation and coordinate preventive and risk mitigation actions.