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Alico to Participate at Oppenheimer 11th Annual Emerging Growth Conference
Globenewswire· 2026-01-22 13:30
Core Viewpoint - Alico, Inc. is actively engaging with investors through one-on-one meetings at the Oppenheimer 11th Annual Emerging Growth Conference, indicating a focus on investor relations and potential growth opportunities [1]. Company Overview - Alico, Inc. is a Florida-based agribusiness and land management company with over 125 years of experience [2]. - Following a strategic transformation in 2025, Alico operates as a diversified land company with approximately 49,537 acres across 8 Florida counties as of September 30, 2025 [2]. - The company focuses on strategic land development opportunities and diversified agricultural operations, aiming to create long-term shareholder value while committing to responsible land stewardship and conservation [2].
Alico to Discuss Strategic Transformation Progress at the 37th Annual ROTH Conference
Newsfilter· 2025-03-03 13:30
Core Viewpoint - Alico, Inc. is undergoing a strategic transformation, shifting focus from citrus production to diversified land usage and real estate development, with plans to wind down citrus operations by mid-2025 [2][5]. Company Overview - Alico operates two divisions: Alico Citrus, one of the largest citrus producers in the U.S., and Land Management and Other Operations, which includes land leasing and support operations [2]. - The company is committed to Florida's agriculture industry despite the challenges faced in citrus production [2]. Strategic Transformation - Alico's strategic transformation includes a focus on long-term diversified land usage and real estate development, with an estimated portfolio value of $650-$750 million [5]. - The company plans to monetize select land assets, expecting $20 million in transactions to close in fiscal 2025 [5]. - Development of alternative agricultural revenue streams through leasing arrangements and seasonal crops is part of the strategy [5]. Future Outlook - Alico's management will provide updates on the execution of its strategic transformation during one-on-one meetings with investors at the 37th Annual ROTH Conference on March 17 and 18, 2025 [1].