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Bioceres Crop Solutions Corp. (symbol: BIOX) is a comprehensive provider of crop productivity solutions, operating through three main segments: Seed and Integrated Products, Crop Protection, and Crop Nutrition. Headquartered in Rosario, Argentina, and a subsidiary of Bioceres LLC, the company has a global presence in over a dozen countries including the United States, Brazil, and France.
The Seed and Integrated Products segment is dedicated to the development and commercialization of seed technology, biotechnological events, germplasm, and seed treatments. This division is notable for its HB4 program, which offers drought-tolerant seed technology to enhance crop resilience.
In the Crop Protection segment, Bioceres develops, produces, and markets a variety of products including adjuvants, insecticides, fungicides, and baits. These products are designed to protect crops from a range of pests and diseases, ensuring higher yields and better crop quality.
The Crop Nutrition segment focuses on the development, production, commercialization, and sale of inoculants, bio-inductors, and biological and microgranulated fertilizers. These products aim to optimize soil health and nutrient availability, hence promoting better crop growth and productivity.
Bioceres Crop Solutions Corp. is recognized for its multi-discipline and multi-product platform, capable of providing end-to-end solutions throughout the entire crop cycle—from pre-planting to transportation and storage. The company's innovative approach and strategic partnerships have positioned it as a leader in agricultural biotechnology and crop productivity solutions, making a significant impact on global agriculture.
Stay updated with the latest news and developments from Bioceres Crop Solutions Corp. as they continue to innovate and expand their product offerings to meet the evolving needs of today's agricultural landscape.
Bioceres Crop Solutions Corp. (NASDAQ: BIOX) announced that China’s Ministry of Agriculture has approved the import and use of soybeans produced with its HB4® drought-tolerant technology. This clearance allows for the unrestricted commercialization of HB4® soy, which has already been approved in Argentina, the U.S., Canada, Brazil, and Paraguay, covering approximately 85% of the global soybean trade. Bioceres plans to elaborate on the impact of this approval in its financial results conference call on May 12 at 8:30 am EDT.
Bioceres Crop Solutions Corp. (NASDAQ: BIOX) and Marrone Bio Innovations, Inc. (NASDAQ: MBII) have announced a definitive agreement to merge in an all-stock transaction valued at approximately
Bioceres Crop Solutions Corp. (NASDAQ: BIOX) will attend the 34th Annual ROTH Conference from March 13-15, 2022, at The Ritz Carlton in Laguna Niguel, California. CFO Enrique López Lecube will participate in one-on-one meetings to discuss the company's recent fiscal results for Q2 2022, its HB4 program, and future milestones. This event provides a platform for Bioceres to engage with investors and highlight its innovations aimed at achieving carbon neutrality in agriculture.
Bioceres Crop Solutions Corp. (NASDAQ: BIOX) reported a strong fiscal second quarter 2022, with comparable revenues increasing 89% YoY to $90.3 million and LTM Adjusted EBITDA hitting $61.8 million, up 46%. Revenue growth was driven by inoculants, seed treatments, and micro-beaded fertilizers. The company anticipates peak revenue from HB4 Wheat at $195 million and an EBITDA target of $15-20 million for FY2024. The successful regulatory approval for HB4 wheat flour in Brazil marks a crucial step for commercial launch, with inventories stabilizing towards market demand.
Bioceres Crop Solutions Corp. (NASDAQ: BIOX) will hold a conference call on February 10, 2022, at 8:30 a.m. EST to discuss its fiscal Q2 results for the period ending December 31, 2021. Key executives, including Chairman & CEO Federico Trucco, will present the financial results and engage in a Q&A session. Investors can access the call via a toll-free number or webcast. Details regarding access and a replay of the call will be provided, showcasing Bioceres' commitment to transparent communication with stakeholders.
Bioceres Crop Solutions Corp. (NASDAQ: BIOX) announced the successful completion of a $20 million public offering of Series VII corporate bonds by its subsidiary Rizobacter Argentina S.A. The bonds, maturing in December 2024, offer an annual interest rate of 1.49%. Proceeds will be allocated to working capital, building HB4 inventories, and for general corporate purposes, aiming to extend debt maturities and lower financing costs.
Bioceres Crop Solutions Corp. (NASDAQ: BIOX) is set to participate in two key investor conferences in November and December 2021. The Roth 10th Annual Technology & Inaugural AgTech Answers Virtual Event will occur from November 16-18, featuring one-on-one meetings with CFO Enrique López Lecube. Additionally, Bioceres will present at the Canaccord Genuity AgriFood Tech Innovation Forum on December 2, where López Lecube will also host a virtual presentation. These events aim to highlight Bioceres' role in advancing sustainable agricultural practices.
Bioceres Crop Solutions Corp. (NASDAQ: BIOX) announced the import approval of its HB4 Wheat flour for consumption in Brazil, marking a significant milestone in biotechnology. The Brazilian National Biosafety Commission unanimously endorsed the biosafety of this genetically modified wheat, following rigorous safety evaluations. This approval paves the way for commercializing HB4 Wheat, critical for sustainable agriculture and a response to climate change. Bioceres has begun harvesting HB4 Wheat across 55,000 hectares and plans to share acreage projections in its upcoming earnings call.
Bioceres Crop Solutions (NASDAQ: BIOX) reported a 54% increase in total comparable revenues for the first quarter of fiscal year 2022, reaching $64.8 million. The growth is attributed to effective commercial strategies in the Crop Nutrition and Protection segments and favorable market conditions in Latin America. The company’s LTM Adjusted EBITDA hit $50.2 million, incorporating $3.4 million in pre-operational expenses from the HB4 program. Notably, the Crop Nutrition segment accounted for 44% of revenue growth. Regulatory approvals from Brazil and China continue to progress without issues.
Bioceres Crop Solutions Corp. (NASDAQ: BIOX) will host a conference call on November 10, 2021, at 8:30 a.m. Eastern Time, to discuss its fiscal first quarter results ending September 30, 2021. The call will feature Chairman & CEO Federico Trucco, CFO Enrique Lopez Lecube, and Head of Investor Relations Rodrigo Krause dos Santos Rocha, followed by a Q&A session. Participants can join via a toll-free number or webcast, with replay available until November 15, 2021. Bioceres focuses on crop productivity solutions aimed at achieving carbon neutrality in agriculture.
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