Alico investor presentation outlines shift from citrus to diversified land management and real estate development
Reuters2026/08/20 15:33Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Alico outlined a shift from citrus into diversified land management and real estate development, retaining about 75% of acreage for agriculture.
- Land portfolio totals about 47,300 acres across Florida, with roughly 25% identified for near- or long-term development potential.
- Total estimated portfolio value pegged at $650 million to $750 million, including $335 million to $380 million of near-term development potential.
- Key project is Corkscrew Grove in Collier County, planning two mixed-use villages with about 9,000 homes and 560,000 square feet of commercial space.
- Through June 30, 2026, adjusted EBITDA was $24.2 million; cash was about $55.6 million; net debt was $29.8 million; land sales totaled $34.6 million.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alico Inc. published the original content used to generate this news brief on August 20, 2026, and is solely responsible for the information contained therein.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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