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Argentina's Bioceres Q4 revenue nearly flat, gross profit falls

Argentina's Bioceres Q4 revenue nearly flat, gross profit falls


Overview

  • Argentina ag productivity firm's fiscal Q4 revenue was nearly flat yr/yr at $55.9 mln

  • Gross profit declined 6% yr/yr, impacted by inventory obsolescence charges

  • Adjusted EBITDA improved to $0.6 mln, supported by lower operating expenses


Outlook

  • Company to focus on improving performance and cash generation in fiscal 2027

  • Bioceres plans further portfolio rationalization and operating efficiencies in the next phase

  • Company expects benefits from recent cost actions to support stronger profitability


Result Drivers

  • SEGMENT MIX - Crop Nutrition revenue grew 36%, offsetting declines in Crop Protection and the impact of Seeds business reconfiguration

  • INVENTORY OBSOLESCENCE - Gross profit was impacted by a $4.0 mln non-recurring inventory adjustment related to updated assessment of inventory obsolescence

  • COST REDUCTIONS - Operating expenses declined 19% in Q4, reflecting cost actions implemented during the year


Company press release: ID:nBw2CjcgYa


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Revenue

$55.90 mln


Reuters Recommended Reads

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  • Sept 14 - BASF mandates banks for planned agricultural business listing


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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