Cosan SA recently held a conference call to discuss their 1Q25 earnings release, which was attended by key company figures such as Rodrigo Araujo, Marcelo, and Tinel. During the call, they provided insights into Cosan's financial performance and future outlook. A significant focus was placed on the company's capital structure and short-term divestments, with discussions around the migration of debt to equity and the impact of potentially lower interest rates. Rodrigo Araujo emphasized the importance of this strategic shift, stating, "This is the main topic at the Company, and there are a lot of questions about it." Additionally, the performance of Moove, a subsidiary, was addressed, noting challenges faced due to a recent fire. The management acknowledged the tougher quarter but did not hold a separate conference call for Moove, leaving questions about its future strategy. The full transcript can be accessed through the link below.