Alico, Inc. sold 9.8 million boxes of citrus fruit in first nine months

Performance Highlights

• The Company posted Adjusted EBITDA of $24.1 million in the third quarter and $42.7 million for the nine months ended June 30 for its fiscal year 2015.
• The Company posted Adjusted Free Cash Flow of $29.2 million in the third quarter and $21.7 million for the nine month ended June 30 for its fiscal year 2015.
• The Company posted Adjusted Earnings per Diluted Common Share of $1.25 per share in the third quarter and $2.12 per share for the nine months ended June 30 for its fiscal year 2015.
• The recent Orange Co. and Silver Nip Citrus acquisitions drove 5% pro forma year-over-year improvement in production.
• For the nine months ended June 30, the Company sold 9.8 million boxes of citrus fruit and produced a total of 58.3 million pound solids.

FORT MYERS, Fla., Aug. 05, 2015 (GLOBE NEWSWIRE) — Alico, Inc. (“Alico” or the “Company”) ALCO, -0.44% an American agribusiness and natural resources company, today announced financial results for the third quarter and nine months of fiscal year 2015.