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
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Q3 2021 Ag Growth International Inc Earnings Call Transcript

Nov 11, 2021 / 01:00PM GMT
Release Date Price: C$32.98 (+8.24%)
Operator

Good morning, ladies and gentlemen. Welcome to the AGI Growth International 2021 Third Quarter Results Conference Call. (Operator Instructions)

Following the presentation, we will conduct a question-and-answer session. (Operator Instructions) This call is being recorded on November 11, 2021.

I would now like to turn the conference over to Tim Close, President and CEO. Please go ahead.

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

Good morning. Thank you for joining Jim Rudyk and I to discuss our third quarter results and the outlook for the balance of 2021. As usual, I will make a few remarks on the highlights from the quarter, hand the call over to Jim for a more detailed recap of the quarter, and then open the call for questions.

Our third quarter results were highlighted by continued momentum in sales growth, up 11% year-over-year in the quarter and up 13% year-to-date with double-digit growth across the Farm, Commercial and Technology segments. Our consolidated backlog continues to remain strong, up 99%

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