Adecoagro Reports Record Nine-Month Adjusted EBITDA of $471.8 Million Driven by Fertilizer Growth
Adecoagro S.A. (AGRO) announced its third-quarter and nine-month 2026 financial results, highlighted by a record adjusted EBITDA of $471.8 million for the first nine months of the year. The company's Fertilizers segment saw significant growth, with urea sales increasing 30.8% in Q3 due to rising demand ahead of the South American planting season and monthly production records. While the Sugar, Ethanol & Energy segment faced lower EBITDA compared to last year due to weather-related crushing declines and lower sugar prices, sugarcane productivity (TRS per hectare) showed strong improvement. Adjusted net income decreased year-over-year primarily due to higher interest expenses from debt used to finance the Profertil acquisition and increased tax obligations.
Tickers: $AGRO
Topics: agriculture debt leverage earnings release fertilizers financial results