LUXEMBOURG, April 25, 2025 /PRNewswire/ -- Adecoagro S.A. (the "Company") (NYSE: AGRO), a leading sustainable production company in South America, hereby announces the filing of its Form 20-F for the fiscal year ended December 31, 2024, with the Securities and Exchange Commission (the "SEC"). The Company's Form 20-F can be accessed by visiting either the SEC's website at www.sec.gov or the "Investors" section of the Company's website at www.adecoagro.com. In addition, shareholders may receive a hard copy of ...

Table of contents | UNITED STATES SECURITIES AND EXCHANGE COMMISSION | | --- | | Washington, D.C. 20549 | | FORM 20-F | | ¨ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 | | OR | | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL | | þ YEAR ENDED ON DECEMBER 31, 2024 | | OR | | ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | | FOR THE TRANSITION PERIOD FROM TO ____ ...

Adecoagro (AGRO) closed the most recent trading day at $11.59, moving +1.58% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 2.51%. Meanwhile, the Dow experienced a rise of 2.66%, and the technology-dominated Nasdaq saw an increase of 2.71%.The the stock of producer of agricultural products and renewable energy has risen by 3.35% in the past month, leading the Consumer Staples sector's gain of 2.1% and the S&P 500's loss of 8.86%.Analysts and investors alike ...

The Zacks Agriculture – Operations industry stands to gain from ongoing innovation and the growing demand for health-focused products. As consumers increasingly prioritize healthy eating, alternative protein consumption is projected to climb. Growth is also being fueled by investments in acquisitions, joint ventures and expansion initiatives. Advancements in food processing technologies, improved grain-handling methods, expanded storage capacity and robust demand from emerging markets are supporting industr ...

Major U.S. indexes, such as the Nasdaq Composite, the S&P 500 and the Dow Jones Industrial Average, have lost their ground by 14.3%, 8.3%, and 4.7%, respectively, year to date. From the beginning of 2025, volatility remains exceptionally high due to President Donald Trump's aggressive fiscal, trade and immigration policies. Reciprocal foreign tariff policy with major trading partners has stoked fears of rising inflation, sluggish economic growth, and a near-term recession among market participants.The Feder ...

President Donald Trump’s hefty tariffs on several trading partners of the United States have raised fears of a trade war that could push the nation’s economy into recession. A rise in inflation over the past few months has already sparked market volatility, which could last for a longer period or till investors get clarity over the impact of the tariffs.Given the ongoing market turmoil, cautious investors looking for a steady income and ways to protect their capital may want to hold or buy dividend-paying s ...

Core Viewpoint - Adecoagro S.A. has entered into a Transaction Agreement with Tether Investments S.A. de C.V. for Tether to acquire up to 49,596,510 Common Shares at a price of $12.41 per share, which will result in Tether owning approximately 70% of the outstanding shares of Adecoagro upon completion of the transaction [1] Group 1: Company Overview - Adecoagro is a leading sustainable production company in South America, owning 210.4 thousand hectares of farmland and producing over 2.8 million tons of agricultural products and over 1 million MWh of renewable electricity [4] - The company operates in the agribusiness sector, focusing on food and renewable energy production while integrating cutting-edge technology across its four business segments [2] Group 2: Transaction Details - The tender offer by Tether is subject to conditions, including the valid tendering of shares representing at least 51% of the outstanding shares on a fully diluted basis [1] - The transaction has been unanimously approved by Adecoagro's Board of Directors, indicating strong internal support for the deal [1] Group 3: Management and Strategic Vision - Mariano Bosch, CEO of Adecoagro, expressed excitement about Tether's involvement, highlighting the alignment of entrepreneurial spirit and the importance of technology in the company's growth strategy [2] - The transaction is expected to enhance the governance model of Adecoagro by incorporating new directors while retaining some current members [2][3] - Emilio Gnecco, CFO of Adecoagro, noted that the company is well-positioned for long-term sustainable growth and that Tether's investment will enable a more ambitious growth plan [3] Group 4: Tether's Commitment - Tether's CEO, Paolo Ardoino, emphasized the company's commitment to investing in sustainable and innovative companies, aligning with Tether's broader strategy to support economic freedom and resilience [3]

Core Viewpoint - Adecoagro S.A. is in discussions with Tether Investments regarding a proposal for Tether to acquire outstanding Common Shares at a price of $12.41 per share, which would result in Tether holding 51% of the company [1] Company Overview - Adecoagro is a leading sustainable production company in South America, owning 210.4 thousand hectares of farmland and several industrial facilities in Argentina, Brazil, and Uruguay [4] - The company produces over 2.8 million tons of agricultural products and over 1 million MWh of renewable electricity [4] Tender Offer Details - The expiration date for the Exclusivity Letter between Adecoagro and Tether has been extended to March 30, 2025 [1] - The tender offer has not yet commenced, and this announcement serves informational purposes only [4]

Financial Data and Key Metrics Changes - Consolidated adjusted EBITDA for Q4 2024 reached $103 million, with a total of $444 million for the year, marking an 8% year-over-year increase [14][5][10] - Gross sales totaled $368 million in Q4, with annual revenues reaching almost $1.5 billion, a 2% increase year-over-year [14][10] - Net cash from operations for 2024 was $161 million, allowing for a minimum distribution of $64 million in 2025 [10][41] Business Line Data and Key Metrics Changes - Record results were achieved in the rice and dairy segments, while the sugar, ethanol, and energy business marked operational records despite challenges [14][15] - Adjusted EBITDA for the farming business totaled $4 million in Q4 and $103 million for the year, consistent with the previous year [35][36] - In the sugar, ethanol, and energy business, adjusted EBITDA was $105 million in Q4 and $364 million for the year, impacted by losses in biological assets [28][14] Market Data and Key Metrics Changes - The sugar mix reached 52.2%, with total sugar production hitting 832,000 tons, both new records for the company [19][28] - Ethanol prices have been recovering due to strong domestic consumption, although still below the previous year due to the depreciation of the Brazilian real [22][81] - The company sold over 600,000 carbon credits at an average price of $14 per credit, totaling $9 million in net sales [24] Company Strategy and Development Direction - The company is focusing on vertical integration to cater to both export and domestic markets, enhancing its product portfolio [6] - Investments are being made in expanding sugarcane plantations and developing biomethane production in Brazil, alongside rice and dairy operations in Argentina and Uruguay [10][43] - The company aims to maximize sugar production due to its attractive premium over ethanol, with a strategy to gradually increase hedges as prices rise [55] Management's Comments on Operating Environment and Future Outlook - Management noted that the Brazilian sugar production is expected to be smaller due to adverse weather conditions, which may lead to higher sugar prices [54][30] - The company anticipates a slight increase in annual crushing figures for 2025, assuming normal weather conditions [30] - Management emphasized the importance of community engagement and talent development through various programs [11] Other Important Information - The company distributed $102 million in 2024, exceeding its distribution policy by $32 million, with a 9.4% distribution yield [39] - Net debt remained at $522 million, with a liquidity ratio of 4.5 times, indicating strong capacity to repay short-term debt [41][42] - The company is currently in discussions regarding a proposal from Tether Investments to acquire a majority stake, but no further comments can be made due to legal restrictions [44][46] Q&A Session Summary Question: What are the main triggers for positive price action on sugar? - Management highlighted disappointing crops in the Northern Hemisphere and a smaller Brazilian crop as key factors that could drive sugar prices higher [52][54] Question: What are the potential impacts of U.S. import tariffs on Adecoagro's business? - Management noted potential benefits for South American soy and corn production due to tariffs, as well as opportunities in rice and dairy markets [56][58] Question: When can more clarity be expected regarding the Tether offer? - Management stated that no further comments would be made until deemed appropriate, emphasizing normal operations and focus on delivering results [74] Question: What are the constraints around raising sugarcane crushing volumes? - Management indicated that weather conditions and the selection of sugarcane for harvesting would impact crushing volumes, with expectations for improvement in the second half of the year [70][72] Question: What are the expectations for margins in the sugar and ethanol division for 2025? - Management expects production costs to be similar to last year in real terms, with a slight decrease in dollar terms due to various cost components [91][92] Question: How are production costs calculated with tax credits? - Management clarified that production costs are calculated based on the ethanol sold during the year, with expectations for similar production costs moving forward [102][106]

LUXEMBOURG, March 13, 2025 /PRNewswire/ -- Adecoagro S.A. (NYSE: AGRO, Bloomberg: AGRO US, Reuters: AGRO.K), a leading sustainable production company in South America, announced today its results for the fourth quarter ended December 31, 2024. The financial information contained in this press release is based on consolidated financial statements presented in US dollars and prepared in accordance with International Financial Reporting Standards (IFRS) except for Non - IFRS measures. Please refer to page 27 f ...