This agriculture company turned in a stellar quarter, with adjusted EBITDA of $61.9 million in 1Q18, a 38.4% increase, year over year.
Adecoagro S.A. (AGRO)
From The National Investor
I am going back to a “BUY” on shares of Adecoagro (AGRO) As you can check out at AGRO’s recently-revamped web site/presentation at http://www.adecoagro.com/en/index.html, the latest quarter did indeed make up for some of the weather delays of the previous one.
And while we need to be cautious due to the fairly thin analyst coverage AGRO has, I am more confident again of a strong operating performance for all of 2018 putting these shares well back into double digits.
Chris Temple, The National Investor, www.nationalinvestor.com, 224-308-2587, June 4, 2018