Ag Growth International Inc (TSX:AFN)
C$ 52.63 -0.37 (-0.7%) Market Cap: 1.00 Bil Enterprise Value: 1.80 Bil PE Ratio: 44.23 PB Ratio: 3.12 GF Score: 86/100

Q4 2018 Ag Growth International Inc Earnings Call Transcript

Mar 14, 2019 / 12:00PM GMT
Release Date Price: C$60.64 (+3.29%)
Operator

Good morning. My name is Joanna, and I will be your conference operator today. At this time, I would like to welcome everyone to AGI's Q4 and Year-end Results Release and Conference Call. (Operator Instructions)

Thank you. Mr. Tim Close, you may begin your conference.

Tim Close
Ag Growth International Inc. - President, CEO & Director

Thank you, Joanna. Good morning, and thank you for joining Steve Sommerfeld and I to discuss our Q4 2018 results and 2019 outlook.

Prior to jumping into the Q4 numbers and the 2019 outlook, we'll spend a little time on our recent acquisitions. Our strategy is concisely communicated in our 567 plan: 5 interconnected platforms providing equipment that forms the world's food infrastructure from seed to food, across 6 continents and combining 7 components to form full systems for our customers. As you all know, we will achieve the potential of the 567 plan through the right combination of organic growth, which was 13% in 2018 as well as strategic acquisitions.

Over the last couple months, we've added 3

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