BrasilAgro Plans BRL 150 Million Cut to Short-Term Debt
Photo: TokenPost
BrasilAgro - Companhia Brasileira de Propriedades Agrícolas (NYSE: LND) plans to cut short-term debt by BRL 150 million using farm-sale receivables, while maintaining dividend payments as a commitment to shareholders. The company’s net debt-to-EBITDA ratio was 1.05x. Management described that level as comfortable and close to 1x. CEO André Guillaumon cited BRL 81 million in net income for first-quarter 2027. Management said farm sales are within the company’s control, although selling land in the current market is challenging.
Source: TokenPost
