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Adecoagro: 4Q Earnings Snapshot

LUXEMBOURG (AP) _ Adecoagro SA (AGRO) on Thursday reported fourth-quarter net income of $9.6 million, after reporting a loss in the same period a year earlier.

The Luxembourg-based company said it had net income of 8 cents per share. Losses, adjusted for non-recurring gains, came to 5 cents per share.

The producer of agricultural products and renewable energy posted revenue of $252 million in the period.

For the year, the company reported that its loss narrowed to $772,000, or 1 cent per share. Revenue was reported as $887.1 million.

In the final minutes of trading on Thursday, the company's shares hit $4.45. A year ago, they were trading at $6.61.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AGRO at https://www.zacks.com/ap/AGRO