Tiago Lima's questions to AGRO3.SA leadership • Q3 2024
Question
Tiago Lima from Suno Research asked about the current environment for new land acquisitions, whether any deals were in the pipeline, and if plans to increase leasing signaled a strategic shift towards an asset-light business model.
Answer
Executive André Guillaumon clarified that BrasilAgro is not moving to a fully asset-light model but rather a hybrid strategy combining owned and leased land, targeting a 50-55% ratio to balance capital efficiency with operational results. He stated that while the company is actively looking for acquisition opportunities due to market stress, there are no specific deals in the pipeline to announce at this time.