SLC Agrícola Profit Jumps 75% to R$245 Million (US$45 Million) as Crop Prices Climb
SLC Agrícola earned R$245.1 million (about US$45 million) in the second quarter of 2026, up 75.3% from a year earlier. Higher prices for cotton, soybeans and corn met a record volume of farm sales, lifting net revenue to a quarterly record of R$2.176 billion. The post SLC Agrícola Profit Jumps 75% to R$245 Million (US$45 Million) as Crop Prices Climb appeared first on The Rio Times .
SLC Agrícola, one of Brazil's largest farmland operators, reported a significant 75.3% increase in profit for the second quarter of 2026, reaching R$245.1 million, or approximately US$45 million. This surge was driven by higher prices for cotton, soybeans, and corn, coupled with a record-breaking harvest volume. The company sold a record 806.1 thousand tons of farm produce, representing a 14.4% increase from the previous year.
This growth in both prices and volume contributed to a 16.8% rise in net revenue to R$2.176 billion (US$403 million), marking a new quarterly record for the company. Cotton, which is central to SLC Agrícola's earnings, played a pivotal role in this surge, with stronger global prices and higher volumes contributing significantly to the profit jump.
The company's net income, adjusted EBITDA, and operating margin also improved, reflecting better-than-expected performance from the farming operations themselves. Analysts remain optimistic about the company's prospects, with price targets suggesting potential upside in its stock value.
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