"We are presenting all-time records in gross sales, Adjusted EBITDA and Net Cash from Operations. Despite having experienced the worst drought in Argentina’s history, these accomplishments were possible because of (i) the investments carried out throughout the past years; (ii) the synergies achieved across our businesses; (iii) our focus on being low-cost producers; (iv) our geographic and product diversification and; (v) our flexibility to shift across markets and products.
These results made us reduce our net debt by more than $150 million dollars, while we continued investing in growth projects with attractive IRRs and also distributing to shareholders via dividends and buyback. Based on the results presented, this year we will distribute at least $70 million dollars, a new record for the Company."
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