SLC Agrícola reports record revenue of R$ 8,6 billion in 2025.

SLC Agrícola ended 2025 with record results, driven by increased productivity, expansion of cultivated area, and growth in sales volume. The company recorded record net revenue of R$ 8,6 billion, a 23,7% increase compared to 2024, while net profit reached R$ 565,2 million, a 17,3% increase in the period, according to information presented to shareholders.

The performance was mainly driven by a significant increase in sales volume, which reached 3,59 million tons, a 42,3% increase compared to the previous year.

Among the operational highlights of the year is the second corn crop, which achieved a record productivity of 8.304 kg per hectare, consolidating the best result in the company's history for this crop.

Growth and productivity

The company's strong operational performance was also reflected in the key crops of its portfolio.

In the 2024/25 crop season, the average soybean yield reached 3.961 kg/ha, a result 21,4% higher than the previous cycle and about 9,4% above the national average, according to data compared with estimates from Conab.

Corn, on the other hand, showed significant growth in productivity and volume. Commercial production reached 1,21 million tons, an 84% increase compared to 2024, benefiting from higher prices and strong domestic demand.

This performance contributed to improved crop profitability. The gross margin for soybeans, for example, rose to 35,6% in 2025, compared to 19,4% the previous year, driven mainly by the reduction in unit cost resulting from higher productivity.

Expansion strategy

Another decisive factor in the company's growth was its expansion strategy through mergers and acquisitions (M&A).

Throughout 2025, SLC Agrícola carried out five strategic operations, significantly expanding its production base and strengthening its growth model based on leased areas, known as asset light.

Among the main movements are:

• Acquisition of Sierentz Agro Brasil for US$129 million, adding approximately 96 hectares in the states of Maranhão, Piauí, and Pará;

• Purchase of land from Agrícola Xingu, in Bahia and Minas Gerais, for R$ 913 million, adding 46 hectares to the portfolio;

• Acquisition of Mitsui's stake in the SLC-MIT joint venture, adding 27 hectares to the planted area;

• Partnership with investment funds managed by BTG Pactual, focused on expanding irrigation projects.

With these moves, the company expanded its cultivated area by approximately 100 hectares by 2025, reinforcing its strategy for growing its agricultural operations.

Expansion of planted area

For the 2025/26 crop season, the company estimates reaching 837,2 hectares planted, an increase of 13,8% compared to the previous cycle.

Soybeans will continue to be the main crop, covering approximately 424,7 hectares, followed by second-crop corn and cotton.

According to the company, part of this growth is directly related to the areas incorporated through the acquisition of Sierentz Agro Brasil.

Seeds and diversification

The seed segment also showed expansion.

The total volume distributed reached 61.401 big bags, a growth of 12,6% compared to the previous year, including sales to third parties, internal operations, and the company's own consumption on its farms.

With this performance, SLC Sementes increased its market share in the soybean seed market to 3%, an increase of 0,3 percentage points compared to the previous year.

Exports and the international market

Another significant milestone was the record for cotton exports, which totaled 369 tons shipped in 2025, consolidating the company's competitiveness in the global fiber market.

Even in an international environment marked by price volatility, the company maintained robust margins and expanded its presence in international trade.

Financial structure and dividends

The company's adjusted EBITDA reached R$ 2,6 billion, with a margin of 31,2%, reflecting the company's operational growth and productive efficiency.

Adjusted net debt at the end of the fiscal year was R$ 5,2 billion, maintaining the net debt/EBITDA ratio at 1,97 times, a level considered comfortable for the sector.

Regarding shareholder remuneration, the company distributed R$ 400 million in dividends and interest on equity, equivalent to R$ 0,91 per share, with a dividend yield of 5,6%.

perspectives

According to the company's CEO, Aurélio Pavinato, 2025 was a strategic year for consolidating the company's growth.

The company intends to continue expanding productivity and irrigated area, expecting to exceed 50 hectares of irrigated land in the coming years, strengthening productive stability and increasing the value of agricultural land.