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 (LVRO), Latin America's first U.S.-listed agricultural inputs retailer, provides essential news hub for tracking corporate developments across Brazil, Colombia, and Uruguay. This page consolidates official announcements and market updates from the company's three core segments: Brazil Ag Retail, Latam Ag Retail, and Crop Care operations.
Investors and industry professionals gain centralized access to press releases covering strategic initiatives, product launches, and financial results. All content reflects LVRO's verticalized distribution model and expertise in crop protection solutions without promotional bias.
Regular updates include earnings reports, supply chain developments, and market expansion announcements. The curated feed enables stakeholders to monitor how LVRO navigates agricultural sector challenges through its specialized retail networks.
Bookmark this page for direct access to LVRO's verified announcements and operational updates. Check back regularly for the latest developments in Latin American agribusiness retail from a market-leading source.
Lavoro, the first U.S.-listed pure-play agricultural inputs distributor in Latin America, successfully completed its business combination with TPB Acquisition Corp. I on February 28, 2023, with shares trading under the ticker LVRO beginning March 1, 2023. In the first half of fiscal 2023, Lavoro reported a 45% revenue increase to $1.0 billion, driven by agricultural retail sales and private label products. Gross margin improved by 300 basis points to 20.4%, with profits rising 68% to $50 million and Adjusted EBITDA escalating 88% to $118.5 million. The company also highlighted its expansion strategy with four recent acquisitions, enhancing its market presence in Brazil and entering markets in Chile and Peru. Looking ahead, Lavoro anticipates pro forma revenue of $2.74 billion and Adjusted EBITDA of $210 million for the full fiscal year 2023.
