Adecoagro S.A. (0DWL) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen, and thank you for waiting. At this time, we would like to welcome everyone to ADECOagro's 2026 First Quarter Results Conference Call. Today with us we have Mr. Mariano Bosch, CEO, Mr. Emilio Nieco, CFO, Mr. Renato Junqueira Pereira, Sugar, Ethanol and Energy VP, and Mrs. Victoria Cabello, Investor Relations Officer. We would like to inform you that this event is being recorded and all participants will be in a listen-only mode during the company's presentation. After the company's remarks are completed, there will be a question and answer section. At that time, further instructions will be given. Before proceeding, let me mention that forward-looking statements are based on the beliefs and assumptions of Adequagro's management and on information currently available to the company. They involve risk uncertainties and assumptions because they relate to future events and therefore depend on circumstances that may or may not occur in the future. Investors should understand that general economic conditions, industry conditions and other operating factors could also affect the future results of Adequadro and could cause results to differ materially from those expressed in such forward-looking statements. Now, I'll turn the conference over to Mr. Mariano Bosch, CEO. Mr. Bosch, You may begin your conference. Good morning and thank you for joining ADECO Agro's first quarter 2026 research conference. Today, we are presenting the first results from the new ADECO Agro, a well-diversified agroindustrial platform composed of three segments, sugar ethanol and energy, fertilizers, and food and agriculture. The 86 million adjusted EBITDA generated already reflects the change in scale and earnings potential with further upside ahead. After the major...