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Brasilagro - Cia Bras made 81 million reais last quarter and showed big improvements in its planting operations.

ResultsRead the original at Benzinga
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Brasilagro reported 81 million reais in first-quarter net income, including 51 million reais from selling a farm. It has sold 57% of future soy, supporting the outlook despite El Niño crop risk.

LND · Brasilagro - Cia Bras

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The AI's read

The farm sale added income that may not recur every quarter. Crop work is progressing, and much of the coming soy harvest is already sold. El Niño could still disrupt harvests. Management plans to use farm-sale payments to cut short-term debt, but that reduction has not happened yet.

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