SLC Agrícola achieves record results in the 3rd quarter
SLC Agrícola, one of the largest grain and fiber producers in Brazil, recorded net income of 113.7 million reais in the third quarter, up 2.4% in 3Q21 and 33.0% in 9M21 over the same period last year.
According to the results released last Wednesday (11/10), the company ended the quarter with record numbers in operating income measured by adjusted Ebitda: R$330.6 million, with growth of 36.6%. The adjusted Ebitda margin was 35.1%, an increase of 8.8 points in the annual comparison.
The area set aside for planting grains and oilseeds reached 667.9 million hectares, 44.2% more than in the 2020/21 harvest. The forecast is that the cotton area will grow more than 60% and that of soy more than 40%. The expansion is due to the business combination with Terra Santa Agro SA and the lease agreement with Agrícola Xingu SA.
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Veja Também
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- We are ranked in the Elite InfoMoney 2024 list
- We are among the top agribusiness companies in the Forbes Agro100 ranking
- We have been awarded the Best of Agribusiness Award by Globo Rural!
- Innovation Day reinforces advances in the Innovation area
- We are among the 10 Best Companies to Work in RS.
- Pamplona Farm (GO) sets new record for cotton lint yield in the 23/24 crop year
