Raji Parik's questions to Lavoro Ltd (LVRO) leadership • Q3 2024
Question
Asked about the future pricing strategy for biologicals and the competitive landscape, specifically whether competitors are also lowering prices to drive sales.
Answer
The company does not anticipate further significant price reductions for biologicals. Past discounts were influenced by depressed agrochemical prices. The expectation is for prices to stabilize and potentially recover as the broader agrochemical market improves.