Quarterly ResultMay 11, 2026, 04:19 PM
Adecoagro Q1 Adjusted EBITDA Jumps 138.7% to $85.8M
AI Summary
Adecoagro S.A. reported a significant increase in its first-quarter 2026 Adjusted EBITDA, which rose 138.7% to $85.8 million, driven by record crushing in Sugar, Ethanol & Energy and strong performance from the newly integrated Fertilizers segment. Gross Sales increased by 21.6% to $393.5 million. While the Food & Agriculture segment saw a substantial decline in Adjusted EBITDA, the company expects overall leverage reduction and stronger performance from Fertilizers throughout 2026. The Annual General Meeting also approved a total annual cash dividend of $35 million.
Key Highlights
- Adjusted EBITDA surged 138.7% to $85.8 million in 1Q26.
- Gross Sales increased 21.6% to $393.5 million.
- Fertilizers segment Adjusted EBITDA reached $52.5 million.
- Sugar, Ethanol & Energy Adjusted EBITDA grew 36.0% to $40.6 million.
- Food & Agriculture Adjusted EBITDA fell 91.9% to $1.4 million.
- Net Debt rose 139.5% to $1.63 billion, driven by Profertil acquisition.
- Annual cash dividend of $35 million approved, first payment $0.1213/share.
- Sugarcane crushing hit a record 2.2 million tons, up 49.1%.