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Adecoagro posts 2Q profit

LUXEMBOURG (AP) _ Adecoagro SA (AGRO) on Tuesday reported second-quarter net income of $3.7 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Luxembourg-based company said it had profit of 3 cents.

The producer of agricultural products and renewable energy posted revenue of $228.5 million in the period.

Adecoagro shares have dropped 3 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $10.05, staying the same over the last 12 months.

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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

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