English to Spanish Bus/Financial Business/Commerce (general) agroindustrial cycle

During this phase, the company also planned to make acquisitions to strengthen core areas. Some investors were wary due to past earnings volatility and capital allocation decisions. “At roadshows, we explained how we would fix trading and the portfolio. Investors didn’t want us to chase deals. I told them ‘Don’t worry, we are not going to buy a company whose downstream input is guava. We’ll go downstream on oil, proteins, and specialty fats and oils. And we will return capital to shareholders before we make any high-multiple deals,’” said the manager.