Bioceres Crop Solutions Updates Second Fiscal Quarter 2025 Expectations

Bioceres Crop Solutions Corp. (NASDAQ: BIOX), a leader in the development and commercialization of productivity solutions for agriculture, has provided preliminary revenues, gross profit, and adjusted EBITDA for its fiscal second quarter ended December 31, 2024. The company's results reflect challenging conditions in Argentina, which remains a crucial market for its financial performance in the first half of the year.

Preliminary Results
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Bioceres Crop Solutions expects revenues of approximately $105 million for the fiscal second quarter, with gross profit of $45 million and adjusted EBITDA of $15 million. These results are lower than the company's previous guidance and reflect the impact of challenging conditions in Argentina, including unfavorable weather, macroeconomic conditions, and high channel inventories.

Challenges in Argentina
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Argentina, a decisive market for Bioceres Crop Solutions, has faced significant headwinds related to weather, farmer economics, and inventory overhang. These factors have led to lower crop protection and micro-beaded fertilizer sales, negatively impacting the company's financial performance in the first half of the year.

Strategies to Mitigate Industry-Wide Challenges
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To mitigate these industry-wide challenges, Bioceres Crop Solutions is implementing several strategies. The company expects to retain or gain market share in its most established product families, driven by the attractiveness of its unique and evolving portfolio of products. Bioceres Crop Solutions remains confident in its ability to deliver these solutions itself or via its partners to farmers globally.



Bioceres Crop Solutions will release its second quarter 2025 earnings on Tuesday, February 11, 2025, after the stock market close, followed by a webcast conference call on Wednesday, February 12, 2025, at 8:30 a.m. ET. The conference call will feature presentations from CEO Federico Trucco, CFO Enrique Lopez Lecube, and Head of Investor Relations Paula Savanti, followed by a question-and-answer session.

Bioceres Crop Solutions Corp. (NASDAQ: BIOX) is a leader in the development and commercialization of productivity solutions designed to regenerate agricultural ecosystems while making crops more resilient to climate change. The company's unique biotech platform, high-impact patented technologies, and focus on environmentally friendlier production practices position it to retain or gain market share in its most established product families, despite the current headwinds in the Argentine market.

In conclusion, Bioceres Crop Solutions' preliminary results for the fiscal second quarter reflect the challenging conditions in Argentina, which have negatively impacted the company's financial performance in the first half of the year. However, the company remains confident in its ability to mitigate these industry-wide challenges and retain or gain market share in its most established product families. Investors should closely monitor the company's earnings release and conference call for further details on its strategies to navigate the current market conditions.