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LVRO / Lavoro: Fast Growing And Profitable
Brazilian agricultural input retailer Lavoro has dropped sharply since its SPAC listing in March, but its inorganic growth strategy has shown much potential indicating a future price uptick. LVRO's revenues are expected to grow by 35% in FY24 and adjusted profits are likely too. The company is further supported by Brazil's strong position in agricultural exports. While it carries risks, like weather conditions, commodity price fluctuations, and competitors, for now, it looks well placed. With favourable market multiples too, this is a promising stock to Buy.
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Posted: Aug 29 2023, 00:47
Author Name: Seeking Alpha
Views: 112582
LVRO News
By Seeking Alpha
August 29, 2023
Lavoro: Fast Growing And Profitable
Brazilian agricultural input retailer Lavoro has dropped sharply since its SPAC listing in March, but its inorganic growth strategy has shown much pot more_horizontal