The Q2 2024 Board of Directors Meeting report highlights the operational challenges faced due to extreme weather conditions, ranging from flooding to drought, which significantly impacted productivity. Delayed fertilizer application, with only 70% of cycles completed, resulted in lower fruit recovery and shooting rates. Despite these challenges, the company managed to control costs effectively, as seen in positive variances in key areas like manpower and fruit care. These variances, attributed to efficient resource management and cost-saving measures, helped offset some of the negative impacts of the weather on overall productivity.

Financially, the report presents detailed Profit & Loss (P&L) statements for Q2, along with year-to-date (YTD) performance, comparing 2023 and 2024 volumes and revenues. The company shows a mix of strengths and areas of concern, with positive cost variances in sectors like plant and fruit care. Additionally, the report includes projections for the rest of 2024, outlining three possible scenarios based on production trends and cost control strategies. These projections are aimed at guiding future decision-making, ensuring that the company can navigate challenges while maintaining financial stability.