Alico, Inc. to Attend Noble Capital Markets’ 19th Annual Emerging Growth Equity Conference
02 12월 2023 - 6:15AM
Alico, Inc. (“Alico” or the “Company”) (NASDAQ: ALCO) announced
today that John Kiernan, the Company’s Chief Executive Officer and
President, will attend NobleCon19 - Noble Capital Markets’ 19th
Annual Emerging Growth Equity Conference at Florida Atlantic
University. This event is being held at the Executive Education
Complex in Boca Raton, FL from the 4th through 5th of December
2023.
ABOUT ALICO Alico Inc. has over 125 years of
experience in agriculture, and currently manages approximately
49,000 acres of citrus groves in 7 counties across 31 locations.
Alico continues to be the top citrus grower in the U.S. and the
primary supplier to Tropicana, a leading orange juice brand in the
country. Alico is known within the citrus industry for our
exceptional caretaking practices, which recently resulted in a new
partnership with a large citrus grower. Alico will manage their
3,300 acres of citrus groves, with all expenses reimbursed and a
management fee paid per acre for caretaking services.
Alico Inc. will present at NobleCon19 on 4 December 2023 at
4:00PM Eastern Standard Time in Room Four, with a breakout session
immediately following the presentation at 4:30PM. A high-definition
video webcast of the presentation will be available the following
day on our website at alicoinc.com and as part of a complete
catalog of presentations available at Noble Capital Markets’
Conference website: www.nobleconference.com and on Channelchek
www.channelchek.com the investor portal created by Noble. The
webcast will be archived on the company's website, the NobleCon
website, and on Channelchek.com for 90 days following the
event.
ABOUT NOBLE CAPITAL MARKETS, INC. Noble Capital
Markets (“Noble”) is research driven investment bank that has
supported small & microcap companies since 1984. As a FINRA and
SEC licensed broker dealer Noble provides institutional-quality
equity research, merchant and investment banking, and order
execution services. In 2005, Noble established NobleCon, an
investor conference that has grown substantially over the last
decade.
LEARN MORE ABOUT ALICO INC. Alico, Inc.
primarily operates two divisions: Alico Citrus, one of the nation’s
largest citrus producers, and Land Management and Other Operations,
which includes land leasing and related support operations. Learn
more about Alico (Nasdaq: "ALCO") at www.alicoinc.com.
FORWARD LOOKING STATEMENTSThis press release
contains forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. Forward-looking
statements include, but are not limited to, statements regarding
our Chief Financial Officer transition, business strategy, plans
and objectives of management for future operations or any other
statements relating to our future activities or other future events
or conditions. These statements are based on our current
expectations, estimates and projections about our business based,
in part, on assumptions made by our management and can be
identified by terms such as “will,” “should,” “expects,” “plans,”
,”hopes,” “anticipates,” “could,” “intends,” “targets,” “projects,”
“contemplates,” “believes,” “estimates,” “forecasts,” “predicts,”
“potential” or “continue” or the negative of these terms or other
similar expressions. Alico believes the expectations reflected in
the forward-looking statements are reasonable but cannot guarantee
future results, level of activity, performance or achievements.
Actual results may differ materially from those expressed or
implied in the forward-looking statements. Therefore, Alico
cautions you against relying on any of these forward-looking
statements. These forward-looking statements are not guarantees of
future performance and involve risks, uncertainties and assumptions
that are difficult to predict. Therefore, actual outcomes and
results may differ materially from what is expressed or forecasted
in the forward-looking statements due to numerous factors,
including, but not limited to: adverse weather conditions, natural
disasters and other natural conditions, including the effects of
climate change; damage and loss to our citrus groves from disease
including but not limited to citrus greening and citrus canker;
hurricanes and tropical storms given our geographic concentration
in Florida; any adverse event affecting our citrus business; our
ability to maintain our market share in a highly competitive
business; future citrus production estimates; our dependency on our
relationship with Tropicana and Tropicana’s relationship with
certain third parties; heightened risks as a result of the sale of
a majority of ownership of Tropicana to a French private equity
firm; supply and demand pricing; development and execution of our
strategic growth initiatives; product contamination and product
liability claims; water use regulations restricting our access to
water; changes in immigration laws; risks associated with
acquisition of additional agricultural assets and other businesses;
adverse impacts from dispositions of our assets; harm to our
reputation; tax risks associated with a “Section 1031 Exchange”;
undertaking one or more significant corporate transactions;
seasonality of our citrus business; significant competition in our
agricultural operations; fluctuations in our earnings as a result
of market supply and prices and demand for our products; climate
change, or legal, regulatory or market measures to address climate
change and sustainability; increases in labor, personnel and
benefits costs; increases in commodity or raw product costs, such
as fuel and chemical costs; transportation risks; any change or the
classification or valuation methods employed by county property
appraisers related to our real estate taxes; any weakness or
instability in the real estate industry; liability for the use of
fertilizers, pesticides, herbicides and other potentially hazardous
substances; compliance with applicable environmental laws; loss of
key employees; material weaknesses and other control deficiencies,
including as a result of restatement of our financial statements as
of September 30, 2021, and the end of certain quarterly periods;
the impact of any restatements and any resulting investigations,
legal or administrative proceedings; the effect of inflation on our
operations, including as a result of the conflict in Ukraine;
increased costs as a result of being a public company; system
security risks; the COVID-19 pandemic; any harm by natural
disasters or epidemics; our indebtedness and ability to generate
sufficient cash flow to service our debt obligations; higher
interest expenses as a result of variable rates of interest for our
debt; our ability to continue to pay cash dividends; and risks
related with repurchases; and the other factors described under the
sections "Risk Factors" and "Management's Discussion and Analysis
of Financial Condition and Results of Operations" in our Annual
Report on Form 10-K for the fiscal year ended September 30, 2022
filed with the Securities and Exchange Commission (the “SEC”) on
December 13, 2022 and in our Quarterly Reports on Form 10-Q. Except
as required by law, we do not undertake an obligation to publicly
update or revise any forward-looking statement, whether as a result
of new information, future developments, or otherwise.
INVESTOR RELATIONS CONTACTAny questions can be
emailed to: investorrelations@alicoinc.com
Alico (NASDAQ:ALCO)
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Alico (NASDAQ:ALCO)
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