São Paulo, At the moment – BrasilAgro, a number one participant within the agriculture manufacturing – crops business, introduced strong monetary outcomes for the primary quarter of the 2024/2025 crop yr, ending September 30, 2024. The corporate, listed on B3 (AGRO3) and NYSE (LND), reported a Web Revenue of R$97.4 million with a web margin of 21%, and an Adjusted EBITDA of R$169.4 million, marking a 37% margin.
The quarter was characterised by important commodity value volatility and trade price fluctuations, posing challenges on the outset of the crop yr. Regardless of these hurdles, BrasilAgro’s strategic hedging and commercialization ways, coupled with environment friendly manufacturing value administration, led to improved margins per crop.
The corporate’s operational Adjusted EBITDA of R$61.4 million represented a 166% development year-over-year.
Agricultural operations noticed 34% of the soybean space planted, with 76% of soybeans in Mato Grosso sown throughout the optimum window. A weak La Niña climate sample is anticipated to favor rainfall distribution within the areas the place BrasilAgro operates.
Moreover, the corporate delivered 1.6 million tons of sugarcane from the 2024 crop, with a yield of 84.72 tons per hectare, overcoming the earlier cycle’s challenges. By December’s finish, the corporate anticipates delivering 2.0 million tons in keeping with projections.
The actual property section additionally contributed considerably, with the second a part of the Alto Taquari farm sale bringing in R$189.4 million, finishing a transaction initiated in October 2021. The whole inside price of return for each levels was 18.6%.
Moreover, on October 22, the Common Shareholder Assembly permitted a dividend distribution of R$155.0 million, equal to R$1.56 per share, translating to a dividend yield of 6%. This transfer underscores BrasilAgro’s dedication to shareholder worth.
The corporate additionally celebrated receiving the Nice Place to Work (GPTW) seal and the Nice Folks Psychological Well being seal, recognizing its efforts to foster a constructive work atmosphere and promote worker well-being.
BrasilAgro’s property portfolio spans throughout six Brazilian states, in addition to Paraguay and Bolivia, totaling 271,016 hectares. The combo of owned and leased land affords flexibility in portfolio administration and helps mitigate money circulation volatility.
This quarter, BrasilAgro’s web income from farm gross sales and agricultural product gross sales totaled R$454.6 million. The corporate’s strategic strategy to its numerous crop combine, together with grains, cotton, and sugarcane, has been optimized for profitability.
The monetary info offered relies on a press launch assertion.
InvestingPro Insights
BrasilAgro’s robust monetary efficiency, as reported of their Q1 2024/2025 outcomes, is additional supported by knowledge from InvestingPro. The corporate’s market capitalization stands at $417.55 million, reflecting its important presence within the agriculture manufacturing business.
InvestingPro Ideas spotlight BrasilAgro’s enticing valuation and dividend coverage. The corporate is presently buying and selling at a low earnings a number of, with a P/E ratio of 10.56, suggesting potential undervaluation. This aligns with the corporate’s strong monetary outcomes and strategic positioning out there.
Furthermore, BrasilAgro pays a big dividend to shareholders, with a present dividend yield of 5.93%. That is according to the corporate’s latest announcement of a R$155.0 million dividend distribution, demonstrating its dedication to returning worth to shareholders.
The corporate’s profitability can also be noteworthy, with InvestingPro knowledge displaying a gross revenue of $48.55 million and an working revenue of $25.96 million for the final twelve months. These figures help BrasilAgro’s reported robust efficiency and environment friendly value administration.
For traders searching for extra complete evaluation, InvestingPro affords 11 further suggestions for BrasilAgro, offering deeper insights into the corporate’s monetary well being and market place.
This text was generated with the help of AI and reviewed by an editor. For extra info see our T&C.