SLC Agrícola reported net income of R$510.7 million in 1Q25
On May 13, the Company held a videoconference to announce its financial results for the first quarter of 2025. Sales volume set a new record, closing the period with net revenue of R$2.3 billion, representing a 19.1% increase compared to the same period in 2024. Adjusted EBITDA came to R$943.7 million, a growth of 34%, with adjusted EBITDA margin of 40.5%. Net income was R$510.7 million, an increase of 123.1% compared to the first three months of 2024.
In a notice to the market released on May 12, we highlighted a series of acquisitions of companies and land in the period. A total of 47,822 hectares of land were purchased from Agricola Xingu, with 39,987 of them in the state of Bahia and the remaining 7,835 in Minas Gerais. In addition, the Company acquired Sierentz Agro Brasil Ltda., totaling around 100,000 hectares in leased areas, and a non-controlling interest of 47.8% in SLC-MIT Empreendimentos Agrícola S.A.
“The beginning of 2025 has been highly positive for SLC Agrícola, with results that underscore our commitment to building a promising future in Brazil’s agribusiness sector. The acquisitions, as well as our harvests and revenues, which have surpassed those of 2024, confirm that we are on the right path, solidifying our position as an increasingly relevant, innovative and sustainable company in the industry,” said Ivo Brum, Chief Financial and Investor Relations Officer.
The quarter’s cash generation was negative at R$1.4 billion, which was anticipated and reflected the payment of R$636.5 million for the acquisition of the Paysandu and Paladino farms and property in Unaí (MG). Additionally, the Company made crop input purchases and made a final payment for its non-controlling interest in SLC LandCo. Nevertheless, the Net Debt to Adjusted EBITDA ratio was 2.27 times.
Capital expenditures (capex) in the first quarter of 2025 amounted to R$1.03 billion, which is comparable to the 2024 total of R$1.1 billion. The high investment level is mainly due to several acquisitions, which represented 81% of total capex, or R$842 million. Of the remainder, 12% was allocated to the purchase of machinery and equipment (10 planters, 9 tractors and 16 sprayers) and the remaining 7% was invested in other assets.
Seeds business
The company has reached a significant milestone in the evolution of SLC Sementes, which has earned a new certification – NBR ISO 9001: 2015 – with the full traceability of the origin of seeds being the main improvement implemented. In terms of soybean seeds, sales to third parties plus internal consumption for 2025 is estimated at 1,400,000 bags of 200,000 seeds, 12.0% more than last year. For cotton seeds, sales to third parties plus internal consumption for 2025 is estimated at 145,000 bags of 200,000 seeds, an increase of 1.2% from last year.
ESG Agenda
In the document submitted to the financial market, we highlighted our position as the company with the largest certified regenerative agriculture area in the Americas, with 181,000 hectares recognized under the international Regenagri standard. In addition to the Planalto (MS) and Pamplona (GO) farms, certified since 2023, the Palmares (BA), Pantanal (MS), Planeste (MA) and Planorte (MT) farms joined this milestone in 2024. The Company also obtained recognition from different institutions linked to corporate sustainability. For the third consecutive time, SLC Agrícola is a component of B3's Corporate Sustainability Index (ISE), with the latest portfolio taking effect on May 5, 2025.
SLC Agrícola achieved an A- grade in the Water Security and Forests programs of the Carbon Disclosure Project (CDP), as well as a B+ rating in the Climate Change program, proving the Company's commitment to being carbon neutral by 2030.The Company also advanced from a B to a BB rating in the Morgan Stanley Capital International (MSCI) ESG assessment, which evaluates how companies are exposed to and manage risks and opportunities related to environmental, social and governance issues.
Mais Notícias de "Agricultura"
- Record of cotton invoiced is a highlight in the 2024 results
- Eduardo Logemann is honored at Expodireto 2025
- SLC Agrícola announces the acquisition of the company Sierentz and an increase in the planted area
Veja Também
- "SLC Day" presents new brand for SLC employees
- SAP 2025 on Paladino farm reinforces sustainable practices
- For the third consecutive year, we are in the ISE B3 index
- SLC Agrícola is one of the partners of the Carbono Xingu program
- SLC Agrícola strengthens its commitment to innovation at the South Summit Brazil 2025
