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Lavoro Limited - LVRO STOCK NEWS

Welcome to our dedicated page for Lavoro news (Ticker: LVRO), a resource for investors and traders seeking the latest updates and insights on Lavoro stock.

Lavoro Limited Class A Ordinary Shares (symbol: LVRO) operates as a prominent player in the agricultural inputs retail market, offering a broad range of products that support farmers in Brazil, Colombia, and Uruguay. With its roots firmly planted in the heart of South America’s agricultural belt, Lavoro is dedicated to the distribution of crop protection products, seeds, fertilizers, and specialty products.

The company is strategically divided into three main segments:

  • Brazil Ag Retail: This segment focuses on distributing agricultural inputs within Brazil, which is a major revenue generator for the company due to the substantial agricultural activities in the region.
  • Latam Ag Retail: Catering to markets outside Brazil, primarily in Colombia, this segment underscores Lavoro's commitment to serving the broader Latin American agricultural sector.
  • Crop Care: This segment is dedicated to the sale of crop protection and care products, ensuring that farmers have access to the necessary tools to protect their crops from pests and diseases.

Lavoro’s robust performance is backed by its innovative approach and strong network of partnerships. The company has recently updated its FY2024 financial outlook, projecting consolidated revenue between $1.80 billion and $1.95 billion, with an adjusted EBITDA anticipated between $46 million and $55 million. This adjustment reflects market challenges, including the slower-than-expected recovery in distribution margins and the adverse effects of El Niño.

Notably, Lavoro has been active in mergers and acquisitions, integrating various entities to expand its operational footprint and strengthen its market position. The company’s financial health is well-reflected in its detailed financial statements, which are regularly updated to provide transparency to investors and stakeholders.

For more detailed information, including the latest financial highlights and business updates, investors can access the company’s Investor Relations website. Lavoro remains committed to supporting the agricultural community through innovative solutions and reliable products, ensuring a sustainable future for farming in the regions it serves.

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Lavoro Limited (Nasdaq: LVRO; LVROW) reported an 11% increase in revenue for FY1Q24, reaching $483.1 million, while gross profit decreased by 34% to $59.5 million. The net loss was -$14.5 million, compared to net income of $15.1 million in the prior year period. Adjusted EBITDA declined by 75% to $11.1 million. Lavoro has also completed the acquisition of Coram Comércio e Representações Agrícolas and secured a new multi-year R$420 million credit facility.
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Lavoro Limited (Nasdaq: LVRO; LVROW) is set to release its fiscal first quarter 2024 earnings results on January 24, 2024. The company, the first U.S.-listed agricultural inputs retailer in Latin America, will host a conference call and audio webcast to discuss the results. Interested individuals can join the conference call or access the live audio webcast through the company's Investor Relations website.
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Lavoro (Nasdaq: LVRO) to participate in the 2024 ICR Conference in Orlando, FL, on January 9, 2024. CEO Ruy Cunha will host a fireside chat and management will be available to meet with investors. Live webcast available on the company's Investor Relations website.
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Lavoro Limited (Nasdaq: LVRO) strengthens its presence in Brazil with the acquisition of Coram Comércio e Representações Agrícolas, a respected ag retailer in São Paulo, Minas Gerais, and Goiás. This acquisition significantly enhances Lavoro's operations and exposure to the sugarcane sector.
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Lavoro Limited (Nasdaq: LVRO) secures R$420 million credit facility, marking a significant milestone in enhancing its capital structure and reducing dependence on short-term working capital loans. The facility involves the issuance of Agribusiness Receivables Certificates specific to Brazil's agribusiness sector, with Series I and Series II maturing in December 2027. CEO Ruy Cunha emphasizes the move's value in supporting long-term growth objectives.
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Lavoro (Nasdaq: LVRO) to Participate in 3rd Annual Roth MKM AgTech Answers Conference in New York, NY on November 14, 2023
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Lavoro Limited, the first U.S.-listed pure-play agricultural inputs distributor in Latin America, reported its financial results for FY2023. Revenue reached $1.8 billion, a 24% increase compared to the previous year. Gross profit was $332 million, up 34% year-over-year. Lavoro completed the acquisition of Referência Agroinsumos, expanding its retail presence in Brazil. The company also announced a partnership with Stenon for real-time soil analysis. Lavoro provided its FY2024 outlook, expecting consolidated revenue in the range of $2.0 to $2.3 billion.
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Lavoro Limited will release its Q4 fiscal 2023 earnings results on October 31, 2023, followed by a conference call and webcast on November 1, 2023.
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FAQ

What is the current stock price of Lavoro (LVRO)?

The current stock price of Lavoro (LVRO) is $5.14 as of December 20, 2024.

What is the market cap of Lavoro (LVRO)?

The market cap of Lavoro (LVRO) is approximately 552.7M.

What products does Lavoro offer?

Lavoro offers crop protection products, seeds, fertilizers, and specialty products to support agricultural needs.

What are the main segments of Lavoro?

Lavoro operates in three main segments: Brazil Ag Retail, Latam Ag Retail, and Crop Care.

Where does Lavoro operate?

Lavoro operates in Brazil, Colombia, and Uruguay.

What is the revenue outlook for Lavoro in FY2024?

Lavoro projects consolidated revenue between $1.80 billion and $1.95 billion for FY2024.

How can I access Lavoro's latest financial reports?

Lavoro's latest financial reports are available on their Investor Relations website.

Who can I contact for more information about Lavoro?

You can contact Julian Garrido, Tigran Karapetian, or Fernanda Rosa for more information.

What recent challenges has Lavoro faced?

Lavoro has faced challenges including slower recovery in distribution margins and the effects of El Niño on crop production.

What is included in the Crop Care segment?

The Crop Care segment includes products for crop protection and care.

How is Lavoro expanding its market presence?

Lavoro is expanding its market presence through strategic mergers and acquisitions.

What financial measures are used in Lavoro's reports?

Lavoro uses financial measures such as Adjusted EBITDA and Adjusted Net Profit (Loss) in its reports.

Lavoro Limited

Nasdaq:LVRO

LVRO Rankings

LVRO Stock Data

552.74M
105.34M
9.96%
87.64%
0.06%
Agricultural Inputs
Basic Materials
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United States of America
São Paulo