LUXEMBOURG (AP) — LUXEMBOURG (AP) — Adecoagro SA (AGRO) on Monday reported a fourth-quarter loss of $14.9 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Luxembourg-based company said it had a loss of 15 cents. Losses, adjusted for non-recurring gains, came to 16 cents per share.
The producer of agricultural products and renewable energy posted revenue of $415.9 million in the period.
For the year, the company reported a loss of $8.3 million, or 8 cents per share, swinging to a loss in the period. Revenue was reported as $1.43 billion.
Adecoagro shares have risen 37% since the beginning of the year. In the final minutes of trading on Monday, shares hit $10.90, a climb of almost 1% in the last 12 months.
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