Business
Terra Santa Propriedades Agrícolas: 2Q24 saw a sharp revenue drop, net loss, and lower EBITDA, but net debt was significantly reduced
Terra Santa Propriedades Agrícolas: 2Q24 saw a sharp revenue drop, net loss, and lower EBITDA, but net debt was significantly reduced
About this update from Terra Santa Propriedades Agricolas Sa
Net revenue fell 28.5% year-over-year in 2Q24 due to lower soybean prices, resulting in a net loss of R$694 thousand and a 59.8% drop in EBITDA. Net debt was reduced by 37.5% to R$67.7 million, and 80% of 2024/25 lease revenue is hedged against FX volatility.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
View stock analysis, news, and events for Terra Santa Propriedades Agricolas Sa