UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON, D.C.
20549
FORM
8-K
CURRENT REPORT
Pursuant
to Section 13 or 15(d) of the
Securities
Exchange Act of 1934
Date of
report (Date of earliest event reported): December 14, 2009
ALICO,
INC.
(Exact
Name of Registrant as Specified in Charter)
FLORIDA
(State or
Other Jurisdiction of Incorporation)
0-261
__________________
(Commission
File Number)
59-0906081
___________________
IRS
Employer
Identification
No.)
POST
OFFICE BOX 338,
LA
BELLE, FLORIDA
_____________________________
(Address
of Principal Executive Offices)
33975
_______________
(Zip
Code)
Registrant's
telephone number, including area code: (863) 675-2966
N/A
___________________________________________________________
(Former
Name or Former Address, if Changed Since Last Report)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
__
Written communications pursuant to Rule 425 under the Securities Act (17 C.F.R.
230.425)
__
Soliciting Material pursuant to Rule 14a-12 under the Exchange Act (17 C.F.R.
240.14a-12)
__
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14D-2(b))
__
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 C.F.R. 240.13e-4(c))
ITEM
2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION
On December 14, 2009, the Company announced
a net loss for the fourth quarter of the fiscal year ended September 30, 2009 of
$6.1 million or $0.84 per share, compared with a net loss of $4.6 million or
$0.62 per share for the fourth quarter of the fiscal year ended September 30,
2008. The loss during the quarter ended September 30, 2009 was
impacted by fixed asset impairments totaling $5.1 million before income
taxes. Annually, Alico reported a net loss of $3.6 million, or $0.50
per share, for the fiscal year ended September 30, 2009 compared with net
earnings of $4.7 million, or $0.76 per share, for the fiscal year ended
September 30, 2008.
Operating
revenue during the fourth quarter of the fiscal year ended September 30, 2009
was $4.7 million compared with operating revenue of $3.5 million during the
fourth quarter of the fiscal year ended September 30, 2008. Annual
operating revenues were $89.5 million compared with $116.4 million for the
fiscal years ended September 30, 2009 and September 30, 2008,
respectively. The decrease in annual revenue was largely
due to lower citrus prices experienced by the Company during the fiscal year
ended September 30, 2009 compared with the prior
year.
ITEM 9.01
FINANCIAL STATEMENTS AND EXHIBITS
Exhibit
99.1- Press release announcing Alico Reports Fourth Quarter and Annual
Earnings.
Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
ALICO,
INC.
(Registrant)
Date: December
14,
2009 By: /s/
STEVEN M. SMITH
Steven
M. Smith
Chief
Executive Officer
EXHIBIT
INDEX
Exhibit
99.1 Company Press Release issued December 14,
2009.