Brazil's Cosan says quarterly revenues up 24 percent

Reuters
SAO PAULO Fri Jan 28, 2011 10:27am EST

SAO PAULO (Reuters) - Brazil's largest sugar and ethanol group, Cosan, said in a preliminary earnings report that quarterly net operating revenue rose 24 percent from a year earlier, boosted by strong sugar and ethanol prices and sales.

The company's preliminary third-quarter results for the months of October through December showed sales of sugar from its milling division CAA rose nearly 26 percent to 931.9 million reais against the same three months a year earlier.

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