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THE SÃO MARTINHO GROUP ENDS THE 2015/2016 HARVEST YEAR WITH CRUSHING OF 20.0 MILLION TONS OF SUGARCANE


7% higher than in the previous harvest year


In late December, the São Martinho Group ended the crushing of the 2015/2016 harvest year, which totaled 20.0 million tons of sugarcane - accounting for utilization of 95% of its mills' installed capacity. Total raw material crushed in 2015 increased by 7% over the previous harvest, corresponding to 18.7 million tons.

Ethanol and sugar production volume (measured in TRS equivalent) reached 98.9% of the guidance, due to the expressive decline in sugarcane TRS, impacted by the strong rainfall, notably in November 2015. Crushing came to 102.7% of the guidance, partially offset by the reduced TRS.


All in all, São Martinho Group's mills produced 1,230,000 tons of sugar. As per ethanol, the Company produced a total of 750 million liters in the current harvest, of which 445 million liters of anhydrous ethanol and 305 million liters of hydrous ethanol.


The Company also highlights that it will continue with its energy cogeneration until January 2016, as it has a boiler dedicated to cogeneration in the São Martinho Mill, located in Pradópolis (SP). As a result, the Company expects its cogeneration guidance to be fully achieved - 733,000 MWh.


About São Martinho


The São Martinho Group is one of the largest sugar and ethanol groups in Brazil, with sugarcane crushing capacity of approximately 23.5 million tons (21.5 million of capacity proportional to the shareholding interest). It operates four mills: São Martinho, in Pradópolis, in the Ribeirão Preto region of São Paulo; Iracema, in Iracemápolis, in the Limeira region of São Paulo, Santa Cruz, located in Américo Brasiliense (SP) and Boa Vista, in Quirinópolis (GO), 300 km from Goiânia (GO), the latter being a joint-venture with Petrobras Biocombustível. The group's average harvest mechanization ratio is 97%, with this figure reaching 100% at the Boa Vista Mill.

Visit the website www.saomartinho.com.br.


Information:

Conceito Comunicação | (16) 3621-3252 / (16) 3916-1902 Contact:

Gustavo Junqueira Jr. / gustavo@conceitocomunic.com.br Rodrigo Pinto / rodrigo@conceitocomunic.com.br

São Martinho SA issued this content on 2015-12-29 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-20 21:33:11 UTC

Original Document: http://www.mzweb.com.br/saomartinho2009/web/download_arquivos.asp?id_arquivo=722782DD-8C57-4647-A1AC-13920F126FE9