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Last $8.12 USD
Change Today 0.00 / 0.00%
Volume 11.9K
AGRO On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 1:09 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

adecoagro sa (AGRO) Snapshot

Open
$8.05
Previous Close
$8.12
Day High
$8.17
Day Low
$8.02
52 Week High
03/23/15 - $11.42
52 Week Low
08/24/15 - $6.71
Market Cap
993.9M
Average Volume 10 Days
143.1K
EPS TTM
$0.02
Shares Outstanding
122.4M
EX-Date
--
P/E TM
466.3x
Dividend
--
Dividend Yield
--
Current Stock Chart for ADECOAGRO SA (AGRO)

adecoagro sa (AGRO) Related Businessweek News

No Related Businessweek News Found

adecoagro sa (AGRO) Details

Adecoagro S.A., an agricultural company, engages in farming, energy production, and land transformation activities. It operates through Farming; Sugar, Ethanol and Energy; and Land Transformation businesses. The company is involved in planting, harvesting, and selling grains, oilseeds, and fibers, including wheat, corn, soybeans, cotton, sunflowers, and others; and providing grain warehousing/conditioning, and handling and drying services to third parties. It also engages in planting, harvesting, processing, and marketing rice; producing and selling raw milk; and leasing cattle grazing land. In addition, the company is involved in the cultivation and processing of sugar and ethanol, as well as cogeneration of electricity from sugarcane bagasse; and identification and acquisition of underdeveloped and undermanaged farmland, and realization of value through the strategic disposition of assets. As of December 31, 2014, it owned a total of 257,036 hectares comprising 20 farms in Argentina, 11 farms in Brazil, and 1 farm in Uruguay; 3 rice processing facilities in Argentina; 2 dairy facilities with approximately 6,551 milking cows in Argentina; and 10 grain and rice conditioning and storage plants in Argentina. As of March 31, 2015, the company owned 3 sugar and ethanol mills in Brazil with a sugarcane crushing capacity of 10.2 million tons; and had a cogeneration capacity of 232 MW. Adecoagro S.A. was founded in 2002 and is based in Luxembourg.

8,452 Employees
Last Reported Date: 08/14/15
Founded in 2002

adecoagro sa (AGRO) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

adecoagro sa (AGRO) Key Developments

Adecoagro S.A. Announces Unaudited Consolidated for the Second Quarter and Six Months Ended June 30, 2015; Provides Capex Guidance for the Year 2015; Provides Financial Guidance for the Year 2016

Adecoagro S.A. announced unaudited consolidated for the second quarter and six months ended June 30, 2015. For the quarter, the company's net profit for the period attributable to equity holders of the parent was $1.335 million or $0.012 per diluted share in the quarter in line with second quarter of 2014, profit for the period attributable to equity holders of the parent of $1.452 million or $0.012 per diluted share. Net income in the quarter was enhanced by: a $4.1 million decrease in interest expense and a $4.1 million decrease in depreciation and amortization, both driven by the weaker Brazilian Real and Argentine Peso in the second quarter of 2015 compared to second quarter of 2014; a $5.9 million increase in the fair value of its sugarcane biological assets resulting from an increase in sugarcane yields. Adjusted EBITDA in the second quarter of 2015 totaled $39.5 million compared to the $72.8 million in the second quarter of 2014. The $33.3 million gap in the financial performance is fully explained by the absence of a farm sale in the current quarter compared to the $25.6 million gain last year and the $7.9 million unrealized loss booked in the second quarter of 2015 related to the mark-to-market of commodity hedge position compared to the $7.2 million gain in the second quarter of 2014. Sales of manufactured products and services rendered were $113.974 million against $120.926 million a year ago. Gross profit from manufacturing activities was $41.860 million against $41.171 million a year ago. Margin on manufacturing and agricultural activities before operating expenses was $56.202 million against $39.521 million a year ago. Profit from operations before financing and taxation was $20.348 million against $18.090 million a year ago. Profit before income tax was $5.906 million against loss before income tax of $0.616 million a year ago. For the six months, the company's profit for the period attributable to equity holders of $15.096 million or $0.117 per diluted share, 272.9% higher compared to $4.048 million or $0.033 per diluted share for the last year. Sales of manufactured products and services rendered were $198.454 million against $189.737 million a year ago. The 17% decrease is primarily the result of lower price, coupled with lower selling volumes in the crop segments, explained by the late corn harvest. Gross profit from manufacturing activities was $66.106 million against $63.642 million a year ago. Margin on manufacturing and agricultural activities before operating expenses was $103.952 million against $101.798 million a year ago. Profit from operations before financing and taxation was $63.572 million against $44.156 million a year ago. Profit before income tax was $24.638 million against $9.277 million a year ago. Net cash generated from operating activities was $47.489 million against $26.559 million a year ago. Purchases of property, plant and equipment was $69.899 million against $113.081 million a year ago. Purchases of intangible assets were $0.811 million against $0.658 million a year ago. The company reported adjusted EBITDA of $75.3 million in the period. Capital expenditures during the 6 months period ending June 30, 2015, reached $96 million, 49% lower than the same period of 2014. Net debt was $622 million as of June 30, 2015. The company expects CapEx to range between $140 million and $160 million in 2015. The company expects CapEx between $70 million to $80 million in 2016. The company estimated to generate free cash flow after CapEx in the range of $90 million to $120 million for 2016.

Adecoagro S.A. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Capital Expenditures Guidance for the Year 2015 and 2016

Adecoagro S.A. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company recorded adjusted EBITDA of $35.8 million, representing a 3.1% increase compared to a year ago. Net income was $13.8 million, $11.2 million higher than in first quarter of 2014. Net income during the quarter was enhanced by: a $12.3 million unrealized gain from Changes in Fair Value of sugarcane plantation driven by the natural growth experienced by sugarcane plantation during first quarter of 2015, compared to a $3.4 million loss in first quarter of 2014; and a $2.3 million year-over-year decrease in income tax. Net income was negatively affected by a $13.2 million foreign exchange loss, compared to a $3.9 million loss in first quarter of 2014, explained by the 20.8% devaluation of the Brazilian Reais in first quarter of 2015. Capex decreased 54.4% year-over-year, from $137.8 million in first quarter of 2014 to $62.8 million. Sales of manufactured products and services rendered were $84,480,000 compared to $68,811,000 a year ago. Profit from operations before financing and taxation was $43,224,000 compared to $26,066,000 a year ago. Profit before income tax was $18,732,000 compared to $9,893,000 a year ago. Profit for the period attributable to equity holders of the parent was $12,827,000 or $0.105 per diluted share compared to $2,590,000 or $0.021 per basic and diluted share a year ago. Net cash generated from operating activities was $41,803,000 compared to $40,915,000 a year ago. Purchases of property, plant and equipment was $1,284,000 compared to $87,963,000 a year ago. Purchases of intangible assets were $195,000 compared to $238,000 a year ago. As of March 31, 2015, net debt stands at $580 million. Net debt is slightly lower compared to December of 2014 and 7% higher compared to March 2014. The year-over-year increase in net debt is explained by the cash deployed for the construction of the Ivinhema mill. For the year 2015, consolidated capex spending is expected to slow down appreciably in 2015, driven by the completion of sugarcane cluster in Mato Grosso do Sul. Capital expenditures are expected to reach between $150 and $170 million during the year, compared to $324 million the previous year. Therefore, capex will consist primarily on maintenance related to the Sugar, Ethanol & Energy business, including sugarcane renewal and off-season maintenance of industrial facility and agricultural machinery. The company expects CapEx to range between $80 million to $90 million in 2016.

Adecoagro S.A. Presents at 10th Annual LatAm CEO Conference 2015, May-13-2015

Adecoagro S.A. Presents at 10th Annual LatAm CEO Conference 2015, May-13-2015 . Venue: The New York Palace, 455 Madison Avenue, New York, NY 10022, United States.

 

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SLC Agricola SA R$16.19 BRL +0.13
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Industry Analysis

AGRO

Industry Average

Valuation AGRO Industry Range
Price/Earnings 77.4x
Price/Sales 1.4x
Price/Book 1.4x
Price/Cash Flow 77.2x
TEV/Sales 0.0x
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