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Lavoro Announces New R$310 Million 3-Year FIDC-Fiagro Credit Facility
Newsfilter· 2024-08-03 08:15
SÃO PAULO, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Lavoro Limited (NASDAQ:LVRO), the first U.S.-listed pure-play agricultural inputs retailer in Latin America, today announced the establishment of a new R$310 million (approximately USD$55 million based on current exchange rates) credit facility with a three-year term, financed through a new Agribusiness Credit Rights Investment Fund (FIDC-Fiagro). The newly established Lavoro Agro Fundo de Investimentos nas Cadeias Produtivas Agroindustriais (FIDC-Fiagro), establ ...
Lavoro Announces New R$310 Million 3-Year FIDC-Fiagro Credit Facility
GlobeNewswire News Room· 2024-08-03 08:15
SÃO PAULO, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Lavoro Limited (Nasdaq: LVRO), the first U.S.-listed pure-play agricultural inputs retailer in Latin America, today announced the establishment of a new R$310 million (approximately USD$55 million based on current exchange rates) credit facility with a three-year term, financed through a new Agribusiness Credit Rights Investment Fund (FIDC-Fiagro). The newly established Lavoro Agro Fundo de Investimentos nas Cadeias Produtivas Agroindustriais (FIDC-Fiagro), estab ...
CORRECTION – Lavoro Reports Fiscal Third Quarter 2024 Earnings Results¹
GlobeNewswire News Room· 2024-06-04 10:25
In a release issued under the same headline earlier this afternoon by Lavoro Limited (Nasdaq: LVRO, LVROW), please note that this version corrects various financial figures to align with the 6-K that was filed this afternoon. The corrected release follows: 3Q24 revenue increased 6% to $514.2 million, driven by continued market share gains and volume growth mitigating ongoing deflation in input prices throughout Brazil and Colombia. Gross profit decreased -16% to $60.2 million. Gross margins narrowed by -310 ...
Lavoro (LVRO) - 2024 Q3 - Earnings Call Presentation
2024-06-04 08:12
FY3Q24 Earnings Presentation June 3rd, 2024 Disclaimer The contents of any website mentioned or hyperlinked in this presentation are for informational purposes and the contents thereof are not part of or incorporated into this presenta ...
Lavoro (LVRO) - 2024 Q3 - Earnings Call Transcript
2024-06-04 08:11
财务数据和关键指标变化 - 第三季度合并收入增长6%至5.142亿美元,以巴西雷亚尔计算增长1% [30] - 投入品收入下降1%,主要受到投入品价格下降的影响,但销量大幅增长 [30][31] - 毛利润下降16%至6,020万美元,毛利率下降310个基点至11.5% [37][38] - 净亏损6,480万美元,较上年同期减少950万美元 [41] - 调整后EBITDA为370万美元,调整后EBITDA利润率下降440个基点至0.7% [43] 各条业务线数据和关键指标变化 - 巴西农资零售业务收入增长5%至4.5亿美元,其中投入品收入下降3%至3.632亿美元 [31][32] - 拉丁美洲农资零售业务收入增长5%至5,050万美元,增长主要来自于哥伦比亚比索兑美元汇率上升 [33][34] - 作物保护业务收入增长30%至2,210万美元,生物制品业务增长53% [36][37] 各个市场数据和关键指标变化 - 巴西南部地区(巴拉那州、里约格兰德州和圣卡塔琳娜州)投入品收入增长9%,而巴西北部地区(马托格罗索州)投入品收入下降17% [32] - 哥伦比亚农资零售业务收入以巴西雷亚尔计算增长16% [33] 公司战略和发展方向及行业竞争 - 公司继续保持在巴西农资零售市场的领先地位,销量大幅增长 [10][11][12] - 作物保护业务持续表现出色,收入和毛利润分别增长30%和14% [15][16] - 公司持续招聘资深农艺师,带来了约1.5亿美元的未来净销售潜力 [17] 管理层对经营环境和未来前景的评论 - 受到干旱等不利天气因素和农产品价格下降的影响,农民收益下降,购买意愿下降 [18][19][20][21][22][23][46][47] - 公司预计2024-2025年度农资市场将下降约10%,但公司将继续保持市场份额增长 [27][28] - 公司预计2024-2025年度毛利率和调整后EBITDA将同比改善 [28] 其他重要信息 - 公司调整了2024财年的收入和利润预测,主要受到第四季度销售推迟和信用损失准备增加的影响 [25][26] 问答环节重要的提问和回答 问题1 **Kristen Owen 提问** 询问2024财年指引范围较大的原因 [51][52][53][54][55] **Julian Garrido 回答** 主要取决于农民接受产品发货的意愿,以及公司对信贷手续的要求 [52][53][54][55] 问题2 **Rahi Parikh 提问** 询问生物制品业务的定价策略和竞争情况 [58][59][60] **Julian Garrido 回答** 生物制品价格有望稳定,不会进一步大幅下降,未来或有一定回升空间 [59][60]
Lavoro Limited (LVRO) Reports Q3 Loss, Misses Revenue Estimates
ZACKS· 2024-06-04 06:20
Lavoro Limited (LVRO) came out with a quarterly loss of $0.52 per share versus the Zacks Consensus Estimate of $0.04. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -1,400%. A quarter ago, it was expected that this company would post earnings of $0.12 per share when it actually produced earnings of $0.02, delivering a surprise of -83.33%. Over the last four quarters, the company has not been ab ...
Lavoro to Announce Fiscal Third Quarter 2024 Results on June 3rd, 2024
Newsfilter· 2024-05-25 05:59
文章核心观点 - 拉沃罗有限公司(Lavoro Limited)是一家在纳斯达克上市的拉丁美洲最大的农业投入品零售商[1][2][3] - 公司将于2024年6月3日发布2024财年第三季度财报,并举行电话会议和网络直播[1][2] - 拉沃罗是巴西最大的农业投入品零售商,也是农业生物产品的主要生产商[2] - 公司通过广泛的产品和服务组合,帮助中小型农民采用最新的农业技术,提高生产率[3] - 自2017年成立以来,拉沃罗已拓展至拉丁美洲多个国家,为72,000名客户提供服务[3] 财务数据 - 公司在巴西、哥伦比亚和乌拉圭拥有210多家零售网点,并有1,000多名技术销售代表(RTVs)[3] - RTVs是农民的信任顾问,定期与农民会面,提供整个作物周期的农艺建议,以优化产出[3]
Lavoro to Announce Fiscal Third Quarter 2024 Results on June 3rd, 2024
globenewswire.com· 2024-05-25 05:59
SÃO PAULO, Brazil, May 24, 2024 (GLOBE NEWSWIRE) -- Lavoro Limited (NASDAQ:LVRO, LVROW))), the first U.S.-listed agricultural inputs retailer in Latin America, will issue its financial results for the fiscal third quarter 2024 after market close on Monday, June 3, 2024. Lavoro management will host a conference call and audio webcast that afternoon at 6:00 p.m. ET (7:00 p.m. BRT) to discuss the results. Conference Call Details Title: Lavoro Fiscal Third Quarter 2024 Earnings Conference Call Event Date: Monda ...
Lavoro to Participate in the BMO Global Farm to Market Conference on May 15-16, 2024
Newsfilter· 2024-05-11 05:34
SÃO PAULO, Brazil, May 10, 2024 (GLOBE NEWSWIRE) -- Lavoro (NASDAQ:LVRO), the first U.S.-listed pure-play agricultural inputs distributor in Latin America, will participate in the BMO Global Farm to Market Conference in New York, NY, on May 15-16, 2024. Ruy Cunha, Chief Executive Officer, will participate on a panel titled "AgTech Disruption Across the Farming Value Chain", on Wednesday, May 15, 2024 at 2:00 pm ET. Mr. Cunha will also host a presentation on Thursday, May 16, 2024 at 8:45 am ET. Management w ...
Lavoro (LVRO) - 2024 Q2 - Earnings Call Transcript
2024-03-08 11:45
Lavoro Limited (NASDAQ:LVRO) Q2 2024 Earnings Conference Call March 7, 2024 5:00 PM ET Company Participants Tigran Karapetian - Head of Investor Relations Ruy Cunha - Chief Executive Officer Julian Garrido - Chief Financial Officer Gustavo Modenesi - Chief Strategy Officer Conference Call Participants Bobby Burleson - Canaccord Genuity, Inc. Benjamin Theurer - Barclays Bank PLC Vincent Anderson - Stifel, Nicolaus & Company, Inc. Operator Welcome to Lavoro's Fiscal Second Quarter 2024 Earnings Conference Cal ...