Adecoagro S A Stock Price, News & Analysis

Adecoagro S.A. (NYSE: AGRO) reported significant financial results for the year ended December 31, 2021. Gross sales reached $1.1 billion, a 33.5% increase year-over-year. Adjusted net income for 2021 stood at $156.8 million. The company announced a minimum dividend distribution of $35 million in 2022, alongside a share repurchase of 6.2 million shares. Additionally, Adecoagro plans to acquire rice production operations in Uruguay for approximately $18 million, aiming for an annual Adjusted EBITDA contribution of $10 million.

Adecoagro S.A. (NYSE: AGRO) announced its Q3 results for 2021, reporting a net sales increase of $757.7 million, a 34.1% year-over-year rise. The Sugar, Ethanol & Energy segment's Adjusted EBITDA reached $138.1 million, up 59.8%, while Farming & Land Transformation grew 32.6%. Net income for Q3 hit $37.0 million, boosted by increased production and market prices despite rising costs including a $25.2 million hike in expenses. Adecoagro plans to implement a dividend policy distributing a minimum of $30 million annually from 2022.

Adecoagro S.A. (NYSE: AGRO), a sustainable production company in South America, announced its third quarter 2021 Earnings Release will be filed on November 10, 2021, ahead of schedule due to Veterans Day. The previously scheduled Conference Call on November 12 at 8 AM US EST will take place as planned. Adecoagro operates over 220,000 hectares in Argentina, Brazil, and Uruguay, producing more than 1.9 million tons of agricultural products including sugar, ethanol, and dairy.

Adecoagro S.A. (NYSE: AGRO) filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2020, on April 28, 2021. This report details the company's financial performance and is accessible on Adecoagro's website. The company, a leader in South America’s agricultural sector, manages over 220,000 hectares of farmland and produces more than 1.9 million tons of various agricultural products, including sugar, ethanol, and dairy. Shareholders can request a hard copy of the report, which includes audited financial statements.

Adecoagro S.A. (NYSE: AGRO) reported strong financial results for the second quarter of 2021, with net sales reaching $278.8 million, a 54% increase year-over-year, while 6-month sales totaled $449.1 million. Adjusted EBITDA for the Sugar, Ethanol & Energy segment rose 62.1% to $73.6 million. However, the Farming segment saw a 19.2% decline in adjusted EBITDA, totaling $32.4 million. The company also announced a share repurchase program, having bought back over 3 million shares, and reported a net income of $15.7 million.

Adecoagro S.A. (NYSE: AGRO) announced robust results for Q1 2021, reporting an Adjusted EBITDA of $109.1 million, a 78.7% year-over-year increase. Key drivers included a 42.1% rise in the Sugar, Ethanol & Energy segment and over 2x growth in Farming and Land Transformation. Adjusted Net Income reached $54.5 million, up 24.4% from the prior year. The company also continued its share repurchase program, acquiring 1.5 million shares at an average price of $7.96 per share, totaling $12 million.

Adecoagro S.A. (AGRO) reported strong financial results for Q4 2020, with Adjusted EBITDA reaching $97.5 million, a 47% increase year-over-year, and annual Adjusted EBITDA of $341.9 million, up 12.1%. Adjusted Net Income for Q4 was $30.3 million, up $35.3 million year-over-year. The company achieved positive cash flow, with Adjusted Free Cash Flow from Operations of $108.6 million. Notable growth was seen in the Sugar, Ethanol & Energy sectors, and Farming businesses. Adecoagro executed a share repurchase program and completed a farmland sale at a 70% premium over appraisal value.

Adecoagro S.A. (NYSE: AGRO) reported strong financial results for Q3 2020, highlighting a 9.2% year-over-year increase in total Adjusted EBITDA, reaching $102.1 million. Key contributors included a 54.5% rise in the Farming segment and a 1.5% increase in Sugar, Ethanol & Energy. Adjusted Net Income surged 25.3% to $37.8 million. The company successfully adjusted its production strategy in response to market conditions, improving operational efficiencies while addressing challenges from the COVID-19 pandemic.

Adecoagro S.A. (AGRO) reported its Q2 2020 results, showing an adjusted EBITDA of $40.2 million in its Farming & Land Transformation segment, up $29.7 million from Q2 2019, primarily due to the sale of a farm in Argentina. Despite a challenging sugar and ethanol market, the company adapted by increasing sugar production. The adjusted net income for Q2 2020 was $18.2 million, highlighting strong operational performance. However, a net loss of $12.1 million was recorded, attributed to non-cash losses related to currency debt revaluation.