Boa Safra Sementes Reports Third Quarter 2023 Earnings

Boa Safra Sementes (BVMF:SOJA3) Third Quarter 2023 Results

Key Financial Results

• Revenue: R$987.4m (up 12% from 3Q 2022).
• Net income: R$101.2m (up 18% from 3Q 2022).
• Profit margin: 10% (in line with 3Q 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Boa Safra Sementes Earnings Insights

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Food industry in Brazil.

Performance of the Brazilian Food industry.

The company's shares are up 8.3% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Boa Safra Sementes, and understanding this should be part of your investment process.

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