"Despite the extreme drought, our Adjusted EBITDA was 15% higher YoY. It is in times like this, when we can clearly show and monetize the benefits of being diversified and focused on achieving efficiencies in our whole value chain.
In Brazil, we have put special focus on our farming activities throughout the past years and as a result, we are reaching incredible levels of TRS content per hectare. These innovations also reduce our costs per ton and improve our carbon footprint.
In Argentina and Uruguay, we have already started planting activities and we have good expectations for the new crops with favorable El Niño forecast. In our Dairy business, productivity is at record levels, reaching almost 38 liters per cow per day, on average; whereas in Rice, the decision we made last year to set foot in Uruguay by acquiring 4 rice mills strategically located, is already paying off. There is a lack of water in many rice producing countries of the world, and they are cutting their rice exports. This means that there will be a very clear need for South American rice."

Quarterly Earnings

Some of the information or materials made available on this website may contain forward-looking statements. Statements including words such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect" or similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to assumptions, risks and uncertainties that could cause actual events or actual future results to differ materially from the expectations set forth in the forward-looking statements. Some of the factors which could cause Adecoagro’s results to differ materially from its expectations include, but are not limited to, those described in detail in the Risk Factors page. Shareholders may receive a hard copy of the Company's Annual Report and Audited Consolidated Financial Statements free of charge by requesting a copy within a reasonable period of time from Adecoagro's Investor Relations office, at ir@adeacoagro.com

SEC Filings

Date Filling Type Description View
Apr 04, 2023 6-K Annual General Meeting of Shareholders See more
Feb 09, 2023 6-K Appointment of new Chief Financial Officer See more
Apr 26, 2023 20-F 20-F Report See more
Apr 27, 2023 6-K Adecoagro announces declaration of cash dividends See more

Information sent to CVM

Date Description View