Lavoro to Participate in the BMO Global Farm to Market Conference on May 15-16, 2024
- Lavoro Participation in BMO Global Farm to Market Conference: Lavoro, a U.S.-listed agricultural inputs distributor in Latin America, will participate in the conference in New York on May 15-16, 2024.
- Speaker and Presentation Details: Ruy Cunha, CEO of Lavoro, will be part of a panel discussing "AgTech Disruption Across the Farming Value Chain" on May 15 and will host a presentation on May 16.
- Availability for Meetings: Management from Lavoro will be available for meetings throughout both days of the conference.
- Webcast and Information Links: A live audio webcast of the presentation will be accessible through the company's Investor Relations website. Additional information and presentation materials can be found on Lavoro's investor website.
- About Lavoro: Lavoro Limited is Brazil's largest agricultural inputs retailer, serving customers in Brazil, Colombia, and Uruguay. The company focuses on empowering farmers with agricultural technologies and solutions.
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Restructuring Agreement: Lavoro Brazil has reached an out-of-court restructuring agreement with key suppliers to extend payment terms and secure a multi-year product supply, aiming to stabilize operations after facing significant inventory shortages and financial challenges.
Financial Performance: Preliminary unaudited results for 2Q25 show a 27% year-over-year decline in consolidated revenue to R$2.25 billion and a 28% decrease in gross profit to R$366.9 million, prompting the withdrawal of FY2025 financial guidance due to ongoing supply chain disruptions.

Earnings Announcement: Lavoro Limited will release its financial results for the fiscal first quarter of 2025 on February 3, 2025, followed by a conference call at 8:00 a.m. ET to discuss the results.
Company Overview: Lavoro is Brazil's largest agricultural inputs retailer, serving around 77,000 customers across Latin America and providing agronomic support through over 1,000 technical sales representatives.
Financial Performance Overview: Lavoro Limited reported a revenue increase of 5% to $1.89 billion in FY2024, but faced significant net losses of $154.6 million due to declining gross profit and rising finance costs, with adjusted EBITDA falling sharply to $53.4 million.
Segment Insights and Future Outlook: The Crop Care segment performed well with a 24% revenue rise, while the Brazil Ag Retail segment struggled with a 2% revenue decline; looking ahead, Lavoro anticipates a challenging market environment for agriculture in FY2025, projecting a mixed outlook for farmer profitability and input prices.

Earnings Release Announcement: Lavoro Limited will release its financial results for the fiscal fourth quarter 2024 on October 31, 2024, followed by a conference call on November 1, 2024, at 8:30 a.m. ET to discuss the results.
Company Overview: Lavoro is Brazil's largest agricultural inputs retailer, serving over 72,000 customers across Latin America with a focus on empowering small and medium-sized farmers through advanced agricultural technologies.
New Credit Facility Established: Lavoro Limited has announced a R$310 million (approximately USD$55 million) credit facility to support its working capital needs, marking its second Agribusiness Credit Rights Investment Fund (FIDC-Fiagro) after a previous R$160 million facility in 2022.
Company Overview: As Brazil's largest agricultural inputs retailer, Lavoro serves over 72,000 customers across Latin America and aims to enhance farmers' productivity through its extensive product offerings and technical sales support.





