CORRECTION – Lavoro Reports Fiscal Third Quarter 2024 Earnings Results¹
LVROLavoro (LVRO) 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 514.2million,drivenbycontinuedmarketsharegainsandvolumegrowthmitigatingongoingdeflationininputpricesthroughoutBrazilandColombia.Grossprofitdecreased16514.2 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 ...