"As anticipated in our past releases, 2020 marked a turning point for us. We became free cash flow positive for the first time since we started our 5 Year Plan in 2017, generating over $50 million dollars. The expansion of our Cluster in our Sugar & Ethanol business especially in terms of cane availability; the acquisition of our peanut and our sunflower processing facilities; the investments in our Rice business both at the farm and industry level; and the acquisition of two milk processing facilities, are part of the investments we did during the past years. They are all generating returns on invested capital in line or above our expectations, ranging from 20% to 100%. The investment in our peanut processing facility, to name one example, paid itself back in less than one year.
Now that the results of our bigger, more efficient and vertically integrated operations are in front of us, and that our 5 Year Plan is in its final stages, we are confident that cash flow generation will continue to increase in the upcoming years."
