AgroGeneration SA (FR:ALAGR) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
AgroGeneration reported a positive EBITDA of 2.0 M€ for the first half of 2024, driven by improved pricing and cost savings despite reduced harvest volumes due to drought and ongoing challenges from the Ukraine war. The company successfully sold 2023 stocks at higher prices due to an alternative maritime corridor, while operational efficiencies helped mitigate some losses. Nonetheless, net losses stood at 1.6 M€, reflecting the impact of adverse conditions on production and sowing activities.
For further insights into FR:ALAGR stock, check out TipRanks’ Stock Analysis page.