Pedro Lopez's questions to AGRO3.SA leadership • FY 2024
Question
Investor Pedro Lopez inquired about the company's real estate strategy, asking about the current pipeline and perspective for farm acquisitions following the successful sale of Chaparral Farm in a challenging year.
Answer
CEO André Guillaumon reiterated the company's counter-cyclical approach, stating they are actively looking at opportunities but believe land prices need to decrease further before they commit to significant purchases. He also highlighted a strategic shift towards acquiring pasture land that can be converted to crops more rapidly and with fewer regulatory hurdles, accelerating the path to maturity and returns.