The adjusted EBITDA for the third quarter of 2021 and 9M21 reported by Adecoagro was US$157 million and US$367.6 million, respectively, representing a year-on-year increase of 53.7% and 50.4%. | 2021-11-10 | Press Release | Warehouse

2021-11-16 08:02:52 By : Ms. Joanna Ho

Luxembourg, November 10, 2021/PRNewswire/ - South American sustainable production company Adecoagro SA (NYSE: AGRO, Bloomberg: AGRO US, Reuters: AGRO.K) announced today as of September 30 Japan’s third quarter results, 2021. The financial information contained in this press release is based on unaudited condensed consolidated interim financial statements, presented in U.S. dollars and prepared in accordance with International Financial Reporting Standards (IFRS), with the exception of non-IFRS measures. Please refer to page 37 for the definition of the non-IFRS measures used in this earnings release and the reconciliation with IFRS.

The main highlights of the period:

Non-GAAP financial measures: For a complete reconciliation of non-GAAP financial measures, please refer to page 37 of our third quarter 21 earnings release on the Adecoagro website (ir.adecoagro.com)

Forward-looking statements: This press release contains forward-looking statements based on our current expectations, assumptions, estimates and forecasts about us and our industry. These forward-looking statements can be identified by words or phrases such as "anticipates", "forecasts", "believes", "continues", "estimates", "anticipates", "intends", "is/may" and other words or phrases. "May", "plan", "should", "will" or other similar expressions.

These forward-looking statements involve various risks and uncertainties. Although we believe that our expectations expressed in these forward-looking statements are reasonable, our expectations may prove to be incorrect. Our actual results may differ materially from our expectations. In light of the aforementioned risks and uncertainties, the estimates and forward-looking statements discussed in this press release may not occur, and our future results and performance may differ materially from those expressed in these forward-looking statements for reasons including: but Not limited to the above factors. Due to these uncertainties, you should not make any investment decisions based on these estimates and forward-looking statements.

The forward-looking statements made in this press release only relate to events or information as of the date of the statements in this press release. We assume no obligation to update any forward-looking statements to reflect events or circumstances after the date the statement is made or to reflect the occurrence of unexpected events.

To read the full 3Q21 earnings announcement, please visit ir.adecoagro.com. The conference call to discuss the results of the third quarter of 2021 will be webcast live on the Internet on November 12, 2021:

November 12, 2021, 8 a.m. EST, 10 a.m., Buenos Aires, 10 a.m., São Paulo, 2 p.m., Luxembourg

Participants dialed from the United States: Phone: 1 (844) 435-0324 Participants dialed from other countries: Phone: 1 (412) 317-6366 Access code: Adecoagro

Conference call replay Participants dialed from the United States: Tel: 1 (877) 344-7529 Participants dialed from other countries: Tel: 1 (412) 317-0088

Charlie Boero Hughes, CFO Victoria Cabello, Investor Relations

IRO Email: ir@adecoagro.com Phone: 54 (11) 4836-8651

Adecoagro is a sustainable production company in South America. Adecoagro has more than 220,000 hectares of farmland and multiple industrial facilities located in the most productive areas of Argentina, Brazil and Uruguay, where more than 1.9 million tons of agricultural products are produced, including sugar, ethanol, bio-electricity, polished rice, corn, and wheat , Soybeans and dairy products.

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