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AGI Announces Record Fourth Quarter 2024 Results, Provides 2025 Outlook, and Declares First Quarter 2025 Dividends

WINNIPEG, Manitoba — Ag Growth International Inc. (TSX: AFN) (“AGI”, the “Company”, “we” or “our”) today announced its financial results for the three-months and year-ending December 31, 2024 and provided its outlook for 2025, in addition to declaring dividends for the first quarter of 2025. Fourth Quarter 2024 Highlights Revenue of $381 million was approximately […]



AGI (TSX: AFN) announced record fourth quarter 2024 results, provided a 2025 outlook, and declared first quarter 2025 dividends. Key highlights include: * Q4 2024: Revenue was flat, adjusted EBITDA increased 7%, free cash flow increased 62%. * Full Year 2024: Revenue decreased 8%, with international revenue contributing a record 37%. * 2025 Outlook: Adjusted EBITDA of at least $225 million, Q1 adjusted EBITDA between $25-$30 million. * Order book ended at a record $737 million, up 4% YOY. * Commercial segment is strong, while Farm segment is expected to remain weak in early 2025. * The outlook does not include the impact of new US tariffs on Canada. Contact information: 437-335-1630, 412-317-0088, 855-669-9658, 647-484-8814, 844-763-8274.

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