BrasilAgro Companhia Brasileira de Propriedades Agrícolas : Earnings Release 1Q25 Form 6 K

About this update from Brasilagro Cia Brasileira De Propriedades Agricolas

FORM 6-K U.S. SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549 REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 dated November 7, 2024 BRASILAGRO - COMPANHIA BRASILEIRA DE PROPRIEDADES AGRÍCOLAS (Exact Name as Specified in its Charter) BrasilAgro - Brazilian Agricultural Real Estate Company (Translation of Registrant's Name) 1309 Av. Brigadeiro Faria Lima, 5th floor, São Paulo, São Paulo 01452-002, Brazil (Address of principal executive offices) Gustavo Javier Lopez, Administrative Officer and Investor Relations Officer, Tel. +55 11 3035 5350, Fax +55 11 3035 5366, [email protected] 1309 Av. Brigadeiro Faria Lima, 5th floor São Paulo, São Paulo 01452-002, Brazil (Name, Telephone, E-mail and/or Facsimile number and Address of Company Contact Person) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F ☒ Form 40-F ☐ Earnings Release 1Q25 São Paulo, November 06, 2024 - BrasilAgro (B3: AGRO3) (NYSE: LND) announces its consolidated results for the quarter ended September 30, 2024 ("1Q25"). The consolidated information is prepared in accordance with the International Financial Reporting Standards (IFRS). Highlights of the Period 1 Hedge Position Status of Input Acquisitions 2 Estimates - 24/25 Crop Year 3 Note that the estimates are hypothetical and do not constitute a guarantee of performance. To learn more about the operational estimates of the Company, refer to the section on projections in our Reference Form. 4 MESSAGE FROM THE MANAGEMENT We began the 2024/2025 crop year with a Net Income of R$97.4 million, a net margin of 21%, and Adjusted EBITDA of R$169.4 million, with a margin of 37%. These results reflect a Net Revenue of R$454.6 million, composed of R$129.3 million from farm sales and R$325.3 million from agricultural product sales. The period was marked by volatility in the prices of key commodities and exchange rate fluctuations, which brought challenges for the beginning of the crop year. However, our commercialization and hedge strategy, along with efficient management of production costs, helped mitigate these impacts, resulting in better margins per crop. We closed the quarter with an operational Adjusted EBITDA of R$61.4 million, representing a 166% growth compared to the previous year. We started planting t...

View stock analysis, news, and events for Brasilagro Cia Brasileira De Propriedades Agricolas