BrasilAgro - Companhia Brasileira de Propriedades Agrícolas (AGRO3) Earnings Call Transcripts

BrasilAgro - Companhia Brasileira de Propriedades Agrícolas's Latest Earnings Call - Q3 FY2026

In the third quarter of fiscal year 2025-2026, BrasilAgro reported a net revenue of BRL 637 million, which reflects a significant decline compared to the previous year's positive results. The company experienced a net loss of BRL 76 million, primarily driven by increased financial expenses and challenges in sugarcane production. Management highlighted a complex operating environment influenced by rising input costs and geopolitical factors, particularly the ongoing war in Ukraine, which has affected fertilizer prices. The outlook remains cautious, with management indicating that while sugarcane production is expected to improve, the overall market dynamics remain challenging.

Reported metrics

Guidance from management

Management indicated a cautious outlook for the next quarters, particularly regarding sugarcane and fertilizer costs, while expressing optimism about production recovery. They are focused on maintaining liquidity and managing costs effectively.

What management said

Thank you for those answers. Thank you, everyone, for your questions and for your time with us this morning. We will be closing this call. So if anyone has any questions, please contact us through our Investor Relations team and see you next quarter.

What analysts pressed on

Analysts raised concerns about the rising costs of fertilizers and the potential impact on margins. There were also questions regarding the company's receivables and the risk of further cancellations in land sales, which management addressed by highlighting their strong portfolio and risk management practices.

Main topics on the call

• Net Revenue Decline — BrasilAgro reported net revenue of BRL 637 million for the first nine months of the fiscal year, which is a decline from the previous year's performance. Management noted, 'this is a complex year due to the interest rate...
• Increased Financial Losses — The company recorded a net loss of BRL 76 million, influenced by financial expenses and poor sugarcane performance. Management stated, 'this is really influenced by the financial expenses and sugarcane in the second half...
• Positive Sugarcane Outlook — Despite the challenges, management expressed optimism about sugarcane production, stating, 'thankfully, sugarcane is doing really well this year.' This suggests potential recovery in the upcoming quarters.
• Fertilizer Cost Pressures — Management highlighted significant increases in fertilizer costs, particularly nitrogen-based products, due to geopolitical tensions. They noted, 'the biggest damage is for the nitrogen-based products.'

Read the full BrasilAgro - Companhia Brasileira de Propriedades Agrícolas transcript (Q3 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 22 BrasilAgro - Companhia Brasileira de Propriedades Agrícolas earnings call transcripts on record, spanning February 4, 2020 to May 8, 2026. Based on this history, BrasilAgro - Companhia Brasileira de Propriedades Agrícolas reports quarterly. The most recent call on file is dated May 8, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

AGRO3

Exchange

BOVESPA

Country

BR

Sector

Consumer Staples

Industry

Food Products

Calls on record

22

First call

February 4, 2020

Most recent

May 8, 2026

Reporting cadence

quarterly