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Lavoro Reaches Out-of-Court Restructuring Agreement with Key Suppliers and Reports Certain Preliminary Unaudited Financial Information for Second Quarter of Fiscal 2025
Lavoro Lavoro (US:LVRO) Globenewswire·2025-06-19 02:40

Lavoro Brazil reached an agreement with its principal suppliers providing for a multi-year inventory financing framework and the extension of obligation payment terms, positioning the business unit for recovery2Q25 preliminary unaudited1 consolidated revenue was R2.25billion,adecreaseof272.25 billion, a decrease of 27% year-over-year, primarily due to inventory shortages in Brazil Ag Retail; preliminary unaudited consolidated gross profit decreased 28% to R366.9 millionFY2025 guidance withdrawnManagement to host a conference call ...