Brief: Adecoagro SA qtrly net income of $3.8 million, $21.6 million higher than Q2 2016

Adecoagro

15/08/2017 22:20

Aug 15 (Reuters) - Adecoagro Sa  AGRO.N  
    * Q2 sales rose 35 percent to $228.5 million 
    * Adecoagro SA qtrly net income  stands at $3.8 million, 
$21.6 million higher than Q2 2016 
    * Adecoagro SA - under buyback program, company can acquire 
shares up to 5 percent of outstanding share capital or 6.1 
million shares. 
    * Adecoagro SA - on Aug 11, board approved extension of 
co's share repurchase program for an additional twelve-month 
period ending on September 23, 2018 
    * Adecoagro SA - expect sugarcane planting to grow at a 
pace which will allow total milling to increase by approximately 
0.5 million tons per year 
    * Adecoagro SA - expect sugarcane total milling reaching a 
total of 14.2 million tons by 2023 
 
Source text for Eikon:  ID:nPnbX1Qfpa  
Further company coverage:  AGRO.N  
 
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