Pacsco Limited
0.32
GBX
-0.03
(-8.70%)
ISIN
GG00BDG13C09
Return %
Stock
S&P 500
1Y
-30.00
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
USD
•
in mil. unless spec.Working Capital
USD
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in mil. unless spec.Growth Rates
USD
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in mil. unless spec.Semi-annual Revenue
USD
•
in mil. unless spec.Semi-annual Earnings Per Share
USD
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in mil. unless spec.Semi-annual Dividends Per Share
USD
•
in mil. unless spec.Company Description
- CEO
- Hamish Bryan Wilburn Rudland
- Full Time Employees
- 359
- Sector
- Process industries
- Industry
- Agricultural commodities/Milling
- Address
- TalhAo AF-28 Chimoio Mozambique
- IPO Date
- Feb 10, 2005
- Website
- agriterra-ltd.com
- Similar Companies
- Business
- Agriterra Limited Agriterra Limited is an AIM-quoted agricultural investment company focused on developing and operating projects in Africa, primarily through its grain processing, beef production, and snack manufacturing divisions in Mozambique. The company operates the Grain division via subsidiaries Desenvolvimento e Comercialização Agrícola Limitada (DECA) and Compagri Limitada, which purchase, process, and distribute maize flour and related products under established brands; the Beef division through Mozbife Limitada, which sources cattle from local farmers, maintains a feedlot and abattoir in Chimoio, and supplies processed beef via retail units; and the Snax division through DecaSnax Limitada, which converts maize by-products into flavored fried and baked snacks for wholesale and retail distribution. Headquartered in Guernsey with key operations based in Chimoio, Mozambique, Agriterra targets local markets and smallholder farmers, supporting over 250,000 livelihoods by enhancing market access while aiming to expand as a leading food provider in Southern Africa. In a major strategic shift announced in March 2025, Agriterra proposed the divestment of its entire Mozambique agricultural business—including 100% ownership of Agriterra (Mozambique) Limited and direct stakes in its operating subsidiaries—to majority shareholder Chepstow Investments Limited, pending shareholder approval at a general meeting on March 31, 2025; this transaction, which includes Chepstow assuming significant subsidiary debts and providing working capital support, positions the company to transition into an AIM Rule 15 cash shell under the name PACSCo Limited while seeking a reverse takeover acquisition within six months. Recent financial results reflect ongoing challenges, with the fiscal year ended March 31, 2024, reporting an operating loss of US$1.85 million and net loss of US$3.21 million amid external factors like disease outbreaks, natural disasters, and economic pressures in Mozambique; interim results for the half-year ended September 30, 2024, showed modest revenue growth but persistent losses and elevated finance costs. The company continues to leverage its established distribution networks for wholesalers and retailers, with directors drawing on extensive African operational experience to pursue growth opportunities post-divestment.