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BrasilAgro - Companhia Brasileira de Propriedades Agrícolas (NYSE:LND) announced its consolidated results for the third quarter and the first nine months of the 2024/2025 fiscal year, demonstrating significant growth in operational net revenue and adjusted EBITDA. The company, which operates in crop production and real estate, reported a 20% increase in operational net revenue year-over-year for the nine-month period, reaching R$648.7 million.
The growth was primarily driven by higher sales volumes of soybean and cotton lint, as well as an appreciation in sugarcane prices. Adjusted EBITDA for the same period saw an impressive 195% increase to R$87.3 million, highlighting strong margin expansion across the company’s operations.
Despite challenging global macroeconomic conditions, BrasilAgro’s strategic management of assets and efficient production have contributed to its robust financial performance. The company’s grain and cotton harvest faced adverse weather conditions, impacting productivity and quality, yet the results remained positive due to favorable commodity prices and a depreciated real against the dollar.
The company’s property portfolio, a key component of its business strategy, comprises 271,016 hectares across Brazil, Paraguay, and Bolivia. BrasilAgro focuses on acquiring and developing rural properties for agricultural use, enhancing value through infrastructure and technology investments, and selling properties upon reaching expected returns.
BrasilAgro’s shares traded at R$20.43, with a market capitalization of R$2.0 billion as of May 7, 2025. The company’s financial statements are prepared in accordance with International Financial Reporting Standards (IFRS).
This report is based on a press release statement and provides an overview of BrasilAgro’s financial results for the specified period.
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