Group 1 - The article reiterates a buy recommendation on BrasilAgro (NYSE: LND) shares following the disclosure of quarterly results on September 3, 2025 [1] - The analysis is based on over 5 years of experience in equity analysis in Latin America, providing in-depth research and insights for informed investment decisions [1]

Additional information: INVL Baltic Farmland's equity capital at the end of June this year was EUR 19.599 million. This indicator reached EUR 6.07 per share. Compared to the end of June 2024, the value of this indicator increased by 10.1% over the year, including dividends paid. INVL Baltic Farmland, a company investing in agricultural land, earned EUR 244,000 in unaudited net profit in the first half of this year, 8% more than in the same period last year. During the comparable period, the company generate ...

Core Insights - INVL Baltic Farmland reported a consolidated net profit of EUR 124,000 and revenue of EUR 213,000 for the first quarter of 2025, reflecting a 9.7% increase in net profit and a 6.5% increase in revenue compared to the same period in 2024 [1][2] Financial Performance - The company's equity at the end of March 2025 was EUR 19.867 million, translating to EUR 6.15 per share, which is a 10% increase year-over-year [4] - For the year 2025, the company forecasts a net profit of EUR 460,000 and consolidated revenue of EUR 890,000, assuming no changes in land value or new agreements [5] - In 2024, INVL Baltic Farmland achieved a net profit of EUR 1.836 million and consolidated revenue of EUR 835,000, with dividends paid to shareholders amounting to EUR 387,000, or EUR 0.12 per share [6] Industry Context - The first quarter of 2025 faced challenges in agriculture, including delayed germination, moisture imbalance, and market uncertainty, impacting planning and farmers' decisions [3] - Despite these challenges, the company emphasizes the importance of sustainable solutions and maintaining a transparent partnership with land users [3]

Core Points - The Company approved a dividend of EUR 0.12 per share for the year 2024, totaling EUR 387 thousand in dividends [1][4] - The dividend payment policy targets a minimum of EUR 0.10 per share, which has been met this year [5] - The Company achieved a net profit of EUR 1.836 million and consolidated revenue of EUR 835,000 in 2024, with a 9.5% increase in land value to EUR 22.736 million [6] Dividend Payment Details - Dividends will be paid out within one month from the General Shareholders Meeting [2] - Shareholders as of 29 April 2025 are entitled to receive dividends [2] - The ex-date for the shares is 28 April 2025, after which new owners will not receive dividends for 2024 [3] Share Buyback Information - The Company obtained consent to use a EUR 3.08 million reserve for share buybacks, with a maximum purchase price based on the most recent equity per share [7] - The maximum buyback amount is limited to 10% of the share capital, and the minimum purchase price is EUR 3.50 [7] - The buyback period is set for 18 months from the shareholders' meeting decision [7] Company Overview - INVL Baltic Farmland is listed on the Nasdaq Vilnius stock exchange and owns approximately 3,000 hectares of agricultural land in Lithuania [8]