Ag Growth International (TSE:AFN) has released an update.
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Ag Growth International Inc. disclosed a decline in Q2 2024 with revenue down 10% and adjusted EBITDA falling by 23% year-over-year; however, the company maintains a positive outlook for the rest of the year, projecting a record performance bolstered by a strong order book and momentum in the Commercial segment. Management emphasizes their focus on cash flow and reducing net debt to improve financial health.
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