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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Q4 2021 Ag Growth International Inc Earnings Call Transcript

Mar 09, 2022 / 01:00PM GMT
Release Date Price: C$39.25 (+8.52%)
Operator

Good morning ladies and gentlemen and welcome to the Ag Group International 2021 Fourth Quarter Results Conference Call. (Operator Instructions).

I would now like to turn the conference over to Tim Close. Please go ahead.

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

Good morning. I will start this call by joining the world and expressing our support for the people of Ukraine and strongly denouncing Russia and the actions we are all witnessing. Our team in the region is safe, and we're looking for ways to contribute to the world's effort to support Ukraine. Now, I thank you for joining Jim Rudyk and I to discuss our fourth quarter results and our outlook for 2022. As usual, I will make a few remarks in the quarter and the call over to Jim for a more detailed recap and then open the call for questions.

We had a record fourth quarter with sales and adjusted EBITDA up 44% and 61% supported by strong results across our Farm, Commercial, Food and Digital segments. Our fourth quarter concluded an outstanding year for AGI,

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