Adecoagro Reports Stable EBITDA Despite Sales Dip

Adecoagro SA (AGRO) has released an update.

Adecoagro S.A., a leading South American sustainable production company, reported mixed results for the second quarter of 2024 with a slight increase in Adjusted EBITDA by 2.7% despite a decrease in gross sales by 2.3%. The company experienced a strong crushing pace and volume recovery in its Farming segment, leading to shareholder distributions surpassing the policy minimum. These financial results are presented in accordance with International Financial Reporting Standards.

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