Sao Martinho : Material Fact - Conclusion of crushing period for the 2018/19 crop year
November 19, 2018 at 07:09 am EST
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MATERIAL FACT
São Martinho announces conclusion of crushing period for the 2018/19 crop year
São Paulo, November 19, 2018 - São Martinho S.A. announces to its shareholders and the market the conclusion of crushing for the 2018/2019 crop year.
Follows the comparative Guidance sent in June/2018 in relation to the volume realized. Production was slightly below the forecast, a result of the strong drought observed.
1 - Production in progress, scheduled for conclusion in March 2019
In addition, we will continue with cogeneration in the Boa Vista and São Martinho mills until the end of the fiscal year.
Sincerely,
Felipe Vicchiato
Chief Financial and Investor Relations Officer
Aline Reigada
Investor Relations Manager
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São Martinho SA published this content on 19 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 19 November 2018 12:08:12 UTC
Sao Martinho SA is a Brazil-based sugar and energy company. The Companyâs operations include the production and marketing of sugar, ethanol, electricity and other products from sugarcane. Sao Martinho SAâs operations comprise four mills: Sao Martinho, Santa Cruz and Iracema, as well as Boa Vista. The Companyâs portfolio includes multiple types of sugar, including white, very high polarity and very-very high polarity sugar (VHP and VVHP). Sao Martinho SA produces hydrous ethanol (for ethanol-fueled vehicles), anhydrous ethanol (used as a fuel additive) and industrial grade ethanol for other purposes. It also generates electricity from sugarcane bagasse. The Company has several subsidiaries, including Sao Martinho Terras Agricolas SA, Sao Martinho Terras Imobiliarias SA, Bioenergia Sao Martinho Ltda and Bioenergetica Santa Cruz SA.