Ag Growth International ( (TSE:AFN) ) just unveiled an update.
Ag Growth International Inc. reported record fourth-quarter results for 2024, with a 7% increase in adjusted EBITDA to $78 million, despite flat revenue growth. The company also announced a 62% rise in free cash flow and a stable net debt leverage ratio. For 2025, AGI anticipates strong revenue visibility in its Commercial segment but expects weaker conditions in the Farm segment. The company is also preparing to mitigate potential impacts from new tariffs affecting its portable grain handling equipment, which is primarily manufactured in Canada.
More about Ag Growth International
Ag Growth International Inc. (AGI) operates in the agricultural industry, focusing on providing equipment and solutions for grain handling, storage, and conditioning. The company has a strong market presence internationally, with a strategic focus on increasing its international revenue contribution.
YTD Price Performance: -33.51%
Average Trading Volume: 98,609
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$646.4M
For an in-depth examination of AFN stock, go to TipRanks’ Stock Analysis page.
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