Adecoagro press release (NYSE:AGRO): FY at a consolidated level, Adjusted EBITDA amounted to $476.6 million, marking a 10.1% year-over-year increase, and Adjusted Free Cash Flow from Operations reached $175.9 million, 24.5% higher than in 2022.
Gross sales were 6.7% higher in 2023 on greater cane productivity.Cash generated was distributed to shareholders, invested in growth projects and used to deleverage – a 25.9% year-over-year reduction in our net debt position to $502.5 million, reaching 1.1x Net Debt/EBITDA.
