In 2024, against a backdrop of new and evolving challenges, LDC delivered a resilient business performance while advancing our strategic goals and sustainability ambitions, guided by our purpose to create fair and sustainable value for the benefit of current and future generations.
At a Glance
Discover how we worked to empower progress by growing together in 2024, as a leading merchant and processor of agricultural goods.
Management Messages
In 2024, our hard-working teams successfully executed our vital role in helping to provide sustenance for millions of people worldwide, while delivering resilient results, advancing our strategic goals and making positive strides on our sustainability roadmap.
Discover key insights into 2024 progress and performance from our leaders.
Responsible Business
Our business lines continued to deliver for customers around the world, while advancing our strategy to position LDC as an integrated, innovative and sustainable food, feed, fibers and ingredients company, with a goal to become the preferred business partner across the value chain.
Coffee
Continued business growth through investment in origination, sustainability and soluble coffee production.
Cotton
Positive earnings, significant investments, strategic gains and sustainability advancements.
Food & Feed Solutions
Expanded geographic footprint, product portfolio and customer base, building our presence in the plant-based ingredients space.
Freight
Successful fleet positioning and robust hedging strategies, while investing in innovation and decarbonization technologies.
Global Markets
Strong results, maintaining a healthy diversification of risk and revenue sources across geographies.
Grains & Oilseeds
Solid performance, significant volumes growth, and advances in digitalization and sustainability roadmap.
Juice
Operational improvements, expanded commercial flows, downstream diversification and progress on sustainability.
Rice
Leveraging our global network to navigate supply and demand imbalances and market volatility.
Sugar
Expanding origination capacity in Brazil, diversifying trade flows in Asia.
Sustainability Strategy & Performance
While addressing environmental and social impacts across our business, we continued to position LDC as a leading partner for, and supplier of, sustainability solutions.
Discover the highlights
Farmer Engagement
Farmer Engagement
Launched programs across more than 32,000 hectares to support farmers in adopting regenerative agriculture practices.
Land
Land
Published our detailed DCF methodology, as a key frame in pursuit of DCF supply chains.
Climate
Climate
Continued to reduce emissions from our operations, support farmers in adopting climate-smart agricultural practices, and work with partners to decarbonize value chains, contributing to the global energy transition.
Water
Water
Reduced overall global water consumption by 13.6% year on year, through operational efficiency efforts.
Safe Workplace
Safe Workplace
Implemented more than 300 facility improvement projects related to workplace health and safety.
Human & Labor Rights
Human & Labor Rights
Conducted a global human and labor rights risk assessment across our operations and supply chains.
Financial Performance
In an increasingly challenging business environment, LDC once again delivered resilient financial results in 2024.
Net Sales
US$50.6 billion
US$50.6 billion for the year 2023
EBITDA
US$1,883 million
US$2,222 million for the year 2023
Capital Expenditure
US$1,005 million
US$636 million for the year 2023
Adjusted Leverage Ratio
0.5x
0.1x as of December 31, 2023
Empowering Progress, Growing Together
Discover how LDC is evolving for the future
You may be interested in
Learn more about how LDC is working to create fair and sustainable value for the benefit of current and future generations.
Help us personalize your experience and find the most relevant information: